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Swoop Holdings Limited (ASX:SWP)

ALERT: Price-sensitive ASX Announcement for SWP
Current share price for SWP : $0.088 0.003 (3.53%)+
Announcement
Release
6 Jul 2026 5:29PM
Price at Release
$0.085
Full Release
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Summary
On 6 July 2026, Swoop Holdings Limited announced that Mr. Alex West will step down as Group Chief Executive Officer effective 31 July 2026. Tony Grist and Jonathan Pearce have been appointed as interim executive directors, with Mr. Grist serving as Chairman and Paul Reid remaining as a non-executive director. Janine Rolfe recently joined the board as a non-executive director. The company is set to implement its 'focus, divest, grow' strategy. A search for a new CEO is underway, focusing on candidates with core consumer experience. Mr. West contributed significantly to Swoop's growth, including its ASX listing. The interim directors' combined remuneration is $170,000 per annum, and they may participate in an Executive Incentive Scheme subject to shareholder approval.
Key Points
  • Mr. Alex West will step down as Group CEO effective 31 July 2026.
  • Tony Grist and Jonathan Pearce appointed as interim executive directors.
  • Janine Rolfe joined the board as a non-executive director.
  • Swoop to execute 'focus, divest, grow' strategy.
  • A search for a permanent CEO successor has begun.
  • Mr. West oversaw ASX listing and acquisitions since 2020.
  • Mr. Grist and Mr. Pearce's combined remuneration is $170,000 per annum.
  • An Executive Incentive Scheme is planned.
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.