By mutual agreement, Mr Preece will serve out a notice period of nine months, of which, it is expected that he will continue in the role of CEO for the next 3 months whilst the search for his replacement is in progress.
The Board is appointing an executive search firm to identify a new leader.
Spicers (formerly PaperlinX Limited) is a merchant group with market leading positions in Australia, New Zealand and Asia. Spicers offers the full suite of solutions to the printing and graphic arts industry – incorporating sign and display, commercial print products, industrial packaging, hardware, digital media, label and packaging products.