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Linc Energy's CFO and COO quit

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AUSTRALIAN energy firm Linc Energy's chief financial officer and chief operating officer are both resigning from the companies in a further blow to the firm.

AUSTRALIAN energy firm Linc Energy's chief financial officer and chief operating officer are both resigning from the companies in a further blow to the firm.

The departures of Chris Munday, who was appointed chief financial officer in August last year, and Michael Mapp, who became chief operating officer in April 2014, come one week after the firm entered into voluntary administration.

Their resignations are effective from Friday.

Linc Energy said the decisions by both are due to the current restructuring process being undertaken by the company. Both will continue to assist the administrators on contract basis, after which they will pursue other business opportunities.