Embattled Chariot Internet managing director
Robert Horlin-Smith has resigned from executive duties but will
continue to be associated with the Internet service
Horlin-Smith has come under fire in recent months, with both
the Australian Securities and Investments Commission (ASIC) and
Voice over Internet Protocol specialist Transcom pursuing legal
action against the executive.
ASIC has put Horlin-Smith on trial for charges relating to a
previous executive role at Norman Wines, while Transcom is suing
both Horlin-Smith and Chariot for breach of contract and damages
from a business relationship.
Replacing Horlin-Smith in a chief executive officer role will
be Chariot chief financial officer and company secretary Garry
Hersey, according to a statement sent to the Australian Stock
Exchange this morning.
Hersey only joined Chariot on 31 May from interactive
entertainment and media group Imagination Entertainment. But the
statement added Horlin-Smith would remain a Chariot director and
would act as a consultant to the ISP "for an initial period of