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Praemium CEO out, crisis consultants in – The Australian Financial Review

Praemium has called in independent consultants to comb over its international business after the abrupt departure of chief executive Michael Ohanessian.

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Praemiums international business is primarily in Britain but the company also operates an office in Yerevan, Armenia.
Chairman Barry Lewin said the board was appreciative of Mr Ohanessians hard work and wished him well for his future endeavours.
During his tenure, Michael has built a solid and profitable foundation at Praemium. He leaves the business having positioned Praemium for continued strong growth, both in Australia and overseas, Mr Lewin said.
Mr Ohanessian and Mr Lewin did not answer calls.

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