Live exporter Wellard Limited has parted ways with chief executive Mauro Balzarini, some 21 months after he was relieved of responsibility for the day-to-day running of the company in the fallout of a disastrous start to life on the ASX.
Wellard said on Monday Mr Balzarini had ceased to be chief executive after it negotiated changes to a financing agreement with Italian bank Intesa Sanpaolo.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com