Menu
Hyro director Aghtan resigns

Hyro director Aghtan resigns

Retirement follows after four years of serving on the board

Victor Aghtan has resigned from his position as director of digital services company, Hyro Limited’s (ASX: HYO).

However, he remains a major shareholder of the company.

Aghtan had been served on the board for the past four years after being appointed via the acquisition of Synergy Software Holdings Limited in May 2007.

In March last year, the company appointed Jeff Pope to the board and Paul Nicolaou followed suit soon after in August.

Hyro most recently signed a $4 million agreement with wagering and media company, Agility Interactive, to develop components for its online wagering products.

It faced a $1.5 million and 50 per cent revenue loss, that was reflected in its half-yearly results in September 2010.

The company settled the $8.5 million legacy debt for a cash payment of $1.2 million with the Australian Taxation Office.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags mediaAustralian Taxation OfficeVictor AghtanJeff PopeHyro LimitedAgility InteractivePaul Nicolauowageringdigital services

Events

ARN Innovation Awards 2022

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

EDGE 2022

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.

Show Comments