The reason why he resigned from AHZ is quite clear as per the announcement:
The Company announces that Mr Mathew Ratty tendered his resignation as director of Admedus Limited on 20 May 2018. Mr Ratty recently became Chief Executive Officer for another ASX listed company. Consistent with industry customs, due to the increased workload from this and his other commitments, he felt unable to dedicate the time needed to fulfil his role as non-executive director.
pods, there's some depth for you if you wish to offload your remaining holdings....
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