Health food chain Oliver’s Real Food has seen more management changes, with its chief financial officer Alan Lee resigning effective March 3, 2019.

The board thanked Lee for his “significant contributions to Oliver’s through the pre-IPO period and since Oliver’s listing in 2017, including throughout the recent capital raising” in a statement on the ASX.

Earlier in the year the group appointed a new chief executive, Greg Madigan, after founder Jason Gunn was removed from the business, while several management changes were seen in the following months – appointing a new chief people officer Kelly Pumpa, and chief of operations Mark Shalala.

During its FY18 annual results, the business’s directors noted they were confident these changes, under the new leadership of Madigan, would allow Oliver’s to grow as a sustainable and profitable business, given the brand strength, improved supply chain and revenue generating digital and technology initiatives.

Lee will manage the business’s reporting obligations in regards to its half yearly results by the end of February 2019.

A search is underway for Lee’s replacement, with Oliver’s having engaged Michele Phillips of Johnson Partners to assist in the search for a new CFO.

Access exclusive analysis, locked news and reports with Inside Retail Weekly. Subscribe today and get our premium print publication delivered to your door every week.