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Novation CEO to resign

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Novation CEO to resign

Novation Cos. Inc. CEO Rodney Schwatken is resigning from the post, effective Oct. 1.

He agreed to serve as an executive adviser for the company on an "at-will" basis from Oct. 2 to Dec. 31.

Novation Executive Chairman Jeffrey Eberwein will serve as the company's principal executive officer after Schwatken resigns.