Bravura has continued its musical chairs approach to senior management by announcing Optus executive Libby Roy will be taking over from Nick Parsons as CEO. Nick Parsons had only been in the role since September last year, taking over from Tony Klim. Bravura also rotated their CFO earlier this year. Libby Roy looks well credentialed with vast experience across many companies and industries. She will be well compensated for her time though. Is it just me or does this look pretty generous for a $350m market cap company?

Maybe I've just been looking at too many nano caps lately (or maybe it's just that all my micro caps have turned into nano caps).

[Not held]