Business
Board Changes
Board Changes.
About this update from Activeops Plc
[{"type":"text","content":"\n\n25 July 2024 \n \nActiveOps plc \n(\"ActiveOps\", the \"Company\" or the \"Group\") \n \nBoard Changes\n \nActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence software for service operations, today announces changes to the composition of its Board of Directors (\"Board\").\n \nAs announced on 5 December 2023, after 10 years on the Board, Sean Finnan will not be standing for re-election as Chair at the Company's forthcoming AGM, expected to be held on 26 September 2024. At that time, it is intended that Richard Jeffery, CEO and co-founder of ActiveOps, will transition to the role of Executive Chairman, leading the Board and maintaining leadership responsibility for the Finance and Risk functions of the Group. Also at that time, Hilary Wright, independent Non-Executive Director and Chair of the Remuneration Committee will assume the role of Senior Independent Director, while Mike McLaren will remain as an Independent Non-Executive Director and Chair of the Audit Committee.\n \nTo ensure an appropriate balance of independent directors and increase the Company's depth of US expertise, ActiveOps is pleased to announce the appointment of Bruce R Lee to the Board as an Independent Non-Executive Director with effect from 1 September 2024. Bruce brings strong technical leadership expertise from his career as a corporate CIO and deep familiarity with ActiveOps' target customers in US financial services and healthcare. His previous roles included senior leadership positions at the New York Stock Exchange, BNP Paribas, HSBC, Fannie Mae and Centene Healthcare. Bruce will chair the Nominations Committee and, reflecting this expertise and experience, will also chair a new Board committee responsible for the Group proposition and technologies.\n \nActiveOps Chair, Sean Finnan commented: \"It has been both a privilege and a pleasure to serve as ActiveOps' Chairman. I have great pride in how the Group has successfully established itself as a public company, consistently delivering on its commitments made at IPO. I feel extremely positive that this new Board structure has the expertise and responsibilities to guide the firm through its next stage of growth. I wish to thank my Board and company colleagues and the shareholders past and present for their ongoing suppo...