Changes of leadership at Snap Franchising
Peter Sinodinos has resigned from his role as CEO of Snap effective immediately.
Peter Russell, Chairman of the Board, will be supporting the Executive Team on an interim basis.
Mr Russell said “Although we’re sad to see Peter leave, we are confident in the significant leadership strength and commitment we have in the team as well as the direction for the brand we have planned for FY20. It is my intention to support them fully whilst a new CEO is sought. Until then, it is very much business as usual. We would like to thank Peter for his service to the company over the last two years and wish him well with his future endeavours.”
Snap has reiterated the board’s confidence for the business plans in store for FY20 and look forward to the financial year ahead.