Feb 24 (Reuters) - Incitec Pivot Ltd IPL.AX :
* Asx alert-transition to new managing director & ceo-ipl.ax
* Fazzino will remain with company as managing director & ceo for a period of up to 12 months
* James Fazzino will be stepping down from position of managing director & ceo
* Has commenced a global search for Fazzino's successor
* Fazzino will remain with company for a period of up to 12 months Source text for Eikon: Further company coverage: IPL.AX