ASX (ASX:ASX) Managing Director and CEO Helen Lofthouse will depart the bourse operator in May after nearly four years in the top role and 11 years with the company.
Her resignation follows a pivotal period of technological reset, specifically the overhaul of the high-profile CHESS replacement project, which is scheduled to go live with its first phase in April.
Under Lofthouse's leadership, the ASX transitioned away from a failed blockchain-based model to a phased modernisation agenda while navigating intense regulatory scrutiny from ASIC and the Reserve Bank of Australia over past governance and technical failures.
ASX Chair David Clarke confirmed that executive search firm Korn Ferry has been appointed to find a successor as the exchange enters its next phase of transformation.