The CEO of grain industry service provider Graincorp (ASX:GNC), Mark Irwin, has resigned effective immediately.
Irwin has been granted a separation package totaling $750,000, consisting of cash and share right components.
Current CFO Ian Wilton has been appointed as his interim replacement, Graincorp said. Wilton assumed the CFO role in June 2009, and was formerly CFO of ConAgra Malt, the company which became recent Graincorp acquisition United Malt Holdings.
GNC shares have fallen 2.9% today, and are currently trading at $5.96.