Targeted search begins for new CEO

The iSelect Gold Coast Titans will begin the search for a new Chief Executive Officer after David May today resigned from the position due to personal reasons.

The Titans board will canvass industry figureheads in order to find a suitable candidate for the high profile position after today regretfully accepting May’s resignation.

The club will not appoint an interim CEO until the position has been filled, with senior management and the board to oversee the day-to-day operation of the club in the meantime.

Chairman Darryl Kelly said the Titans board had regretfully accepted May’s resignation in order to allow him to address some personal issues both in Australia and the United Kingdom.

“David had a difficult decision to make between his passion for the Titans and addressing some issues closer to home but we fully respect his decision,’’ said Mr Kelly.

"It's with great regret that we have accepted David's resignation and thank him for all his efforts on behalf of the club and the broader Gold Coast Titans family.

"David is a great loss to the club, but I'm sure all our members and supporters will remember David's highly positive legacy, very fondly.

"David has worked tirelessly to help the club emerge from the dark days of last year, and to step forward as a stronger club. The board wants to place on the public record, our gratitude for everything he has done behind the scenes, to help us get to a position where we have been able to put the past behind us and build a better future for the Gold Coast Titans.

“We have achieved a remarkable turnaround in the last 12 months and the board congratulates David for his very significant part in that success.’’

May said he was sad to leave the club but wouldn’t have been able to continue to meet the demands of the CEO position whilst addressing his personal issues.

"It's been a tremendously difficult decision but I have a number of personal issues I need to deal with, here and at home in the UK, over the next few months, and this will prevent me from being able to fulfil my obligations as CEO of the Titans,’’ said May.

"It's been a dramatic 12 months, but I am tremendously proud of my work at the Titans. When I got involved last year, the club was facing significant debt levels, and together with the new investors and the staff of the club, we have been able to turn that around.

“I am enormously proud that we have eradicated that debt, and the club is today not only debt free but operating at a profit. I'm proud of the way the administration and playing staff stayed so loyal to the club, and I'm enjoying seeing the results of that in record member numbers and outstanding performances on the field.

"I am sad to be moving on, and will always remember the friends I have made at the Titans. The staff, members, supporters, sponsors and players have all been wonderful and the Gold Coast has welcomed me with open arms. I would also like to thank the chairman and the board for their support of myself and the club, during the great highs and lows of the last 12 months and for being so supportive of me as CEO".

"I've supported the Titans from before the first kick off in 2007, and will always remain a huge supporter and proud Titans member.’’