Spark boss Simon Moutter resigned last evening and the company's board settled on customer director Jolie Hodson to replace him the same evening, chairwoman Justine Smyth says.

Asked to clarify when Moutter revealed his intention to step aside, Smyth told the Herald, "Last evening. The Board held a meeting where they resolved to appoint Jolie as the new chief executive, and Jolie accepted the terms of the appointment, subject to us receiving Simon's resignation, at which point Simon tendered his resignation."

Asked if any other candidates were considered, Smyth replied, "The board determined that undertaking a potentially lengthy external

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