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Butn Limited (ASX:BTN)

ALERT: Price-sensitive ASX Announcement for BTN
Current share price for BTN : $0.015 -0.1 (-86.96%)+
Release
4 Jul 2025 4:23PM
Price at Release
$0.115
Full Release
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Summary
Butn Limited announced the resignation of Mr Walter Rapoport as Co-CEO, effective 31 May 2024. Mr Rapoport, a co-founder of the company, will continue to support Butn in an executive capacity with a focus on strategic and business development initiatives. Co-founder and current Co-CEO Rael Ross will assume the role of Chief Executive Officer. The Board acknowledged Mr Rapoport’s contributions and expressed confidence in the transition, emphasizing the ongoing strategic focus and leadership continuity within the company.
Key Points
  • Mr Walter Rapoport resigned as Co-CEO of Butn Limited effective 31 May 2024.
  • Rael Ross, co-founder and current Co-CEO, appointed Chief Executive Officer.
  • Mr Rapoport will remain with Butn in an executive role, focusing on strategy and business development.
  • The Board thanked Mr Rapoport for his leadership and contributions to the company.
  • The leadership transition is intended to ensure continued strategic focus and business continuity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.