Eroad co-CEO resigns as focus shifts from US to NZ eRUC market
Chair Susan Paterson replaced by John Scott as company takes $150m impairment on North American business.
Eroad's new executive chair John Scott is also chair of Vessev and AoFrio.
Eroad’s US-based co-CEO has resigned as the company announces a strategic shift away from the United States market and an impairment of up to $150 million to the value of intangible assets relating to its North American business.
The NZX and ASX-listed telematics software company has downgraded
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