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In December, the asset management services firm warned it would not be able to complete its full-year audit in time due to continued discrepancies in its finances. It had also suspended Chief Financial Officer Peter Connell.
Hudson is currently the company’s largest shareholder, with a stake of more than 20%.
The company did not give a reason for his departure and Hudson did not immediately respond to a Reuters request for comment sent through networking platform LinkedIn.
Hudson, 61, who founded the company in 2010, will continue to serve as a director of MJ Hudson Holdco and MJ Hudson Ltd for the interim.
