Home > Automation > IoT Group Sacks Simon Kantor

IoT Group Sacks Simon Kantor

ASX–listed Internet of Things company IoT Group has fired its executive director and company founder, Simon Kantor, in a dispute in which Kantor is accused of selling his former business, ROAM Systems, to IoT Group without approval.

Despite allegations regarding Kantor’s breach of his director’s duties, a statement IoT Group issued to the ASX said he had previously refused to resign when requested.

“Given the dispute, the board of directors, excluding Mr Kantor, is of the firm view that his position has become untenable,” the company told the ASX.

You may also like
Asia Pacific Leads Global IoT Spending
Bang & Olufsen Adds Google Assistant To Its Beosound Speakers
IoT Net To Spread Across Lake
Huawei Opens Oz Innovation Centre, Not Related To 5G Contracts
Oz IoT Outfit Rides With Vodafone