AUCyber CEO Chris Wright Resigns After Leading Key Restructuring Efforts

Technology By Sophie Babbage 2 min read 10:22am on Thursday 27th of November, 2025 AEDT

Chris Wright resigns as CEO of AUCyber after overseeing key restructuring, with no immediate replacement planned due to integration with 5G Networks.

Chris Wright resigns as AUCyber CEO effective 28 November 2025
Wright led operational and balance sheet restructuring since February 2025
AUCyber is a ~90% owned subsidiary of 5G Networks Limited
No new CEO appointment planned due to combined executive structure
Company to provide further updates on executive changes as needed

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Leadership Change at AUCyber

AUCyber Limited (ASX, CYB) has announced the resignation of its Chief Executive Officer, Chris Wright, effective 28 November 2025. Wright’s tenure, which began in February 2025, was marked by significant efforts to restructure both the company’s operations and its balance sheet, positioning AUCyber for a more streamlined future.

Integration with Parent Company 5G Networks

The decision not to appoint a new CEO immediately is closely tied to AUCyber’s status as a roughly 90% owned subsidiary of 5G Networks Limited. Since Wright’s appointment, the company has been aligning its executive functions with those of its parent company. This combined executive structure currently negates the need for a standalone CEO at AUCyber, reflecting a strategic move towards tighter integration within the consolidated group.

Implications for Corporate Governance and Strategy

While Wright will step down from his formal CEO role, he will continue collaborating with 5G Networks’ executive team to support the broader group’s business objectives. This ongoing involvement suggests a transitional phase where leadership continuity is maintained informally, even as formal titles shift. The board has committed to keeping the market informed about any future executive developments, underscoring the importance of transparent governance during this period of change.

Looking Ahead

For investors and market watchers, the resignation raises questions about how AUCyber’s operational independence will evolve and how the parent company’s influence will shape its strategic direction. The absence of a dedicated CEO might streamline decision-making within the group but also concentrates leadership responsibility within 5G Networks’ executive team. This dynamic will be critical to monitor as AUCyber continues its post-restructuring journey.

Bottom Line?

AUCyber’s CEO departure signals deeper integration with 5G Networks, setting the stage for a new leadership model.

Questions in the middle?

Will AUCyber eventually appoint a dedicated CEO again, or remain under 5G Networks’ executive umbrella?
How will the combined executive structure impact AUCyber’s strategic agility and market responsiveness?
What are the long-term plans for operational independence versus integration within the parent group?

Executive Changes Corporate Restructuring Parent-Subsidiary Integration Technology Sector ASX Filings

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