Kangaroo Island Plantation Timbers Limited announced that its CEO Ms Jessica Domaschenz had resigned, giving three months' notice, and that one of the directors, Mr. John Sergeant, had agreed to act as Managing Director. Mr. Sergeant has taken on the role of Managing Director from the beginning of 2015, allowing a period of overlap before Ms Domaschenz's departure, once her resignation takes full effect on 24th February 2015.