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Dumping the CEO no quick fix for OFX woes

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There is a big difference between global money transfer provider OFX Group and the other listed companies that have sacked their chief executives since the beginning of the year.

OFX chairman Steven Sargent on Wednesday removed chief executive Richard Kimber for failing to execute on the company's ambitious growth strategy.

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Michael Smith is the health editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com
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    Original URL: https://www.afr.com/chanticleer/dumping-the-ceo-no-quick-fix-for-ofx-woes-20170201-gu2vnb