Cronos Australia director and chief medical officer Dr Benjamin Jansen has left the company with immediate effect.
The company announced this morning that the co-founder of CDA Health relinquished his director role last night after “ceasing his position” as chief medical officer.
Cronos announced in June that Dr Jansen would step down from his medical role on September 22, and become a non-independent, non-executive director.
However, after Cronos received legal advice, Dr Jansen will no longer take up the role.
It a statement to the ASX, Cronos said that under the company’s constitution “the office of a director is vacated if (among other things) the director is appointed as a director occupying a full-time, or substantially full-time, executive position in the company or a related body corporate and thereafter ceases to be an employee of the company or its related bodies corporate”.
Cronos said it previously believed that Dr Jansen “would be able to continue to be a director of the company as a non-executive and non-independent director”.
Cronos Australia declined to comment further.
Dr Jansen’s departure follows the news earlier this week that his cousin and fellow CDA Health founder Dr Matua Jansen is set to file a resolution to remove Cronos chief executive Rodney Cocks and director Guy Headley from the board.
According to Cronos, Matua Jansen, acting as trustee for the Whanau Family Trust which holds a near 10% interest in Cronos, believes there “should be complete separation of the board and the executive management”.