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Director and Senior Management Changes

Director and Senior Management Changes.

articleCyanconnode Holdings PlcMarch 19, 20195/company/cyanconnode-holdings-plc/news/director-and-senior-management-changes
Director and Senior Management Changes

About this update from Cyanconnode Holdings Plc

[{"type":"text","content":"\n \nRNS Number : 2235T CyanConnode Holdings PLC 19 March 2019  \n\n \n19 March 2019\n \nCyanConnode Holdings plc\n(\"CyanConnode\" or the \"Company\")\n \nDirector and Senior Management Changes \n \nCyanConnode Holdings plc, (AIM:CYAN), a world leader in Narrowband Radio Frequency (RF) Smart Mesh Networks, announces the following Board and senior management changes:\n \nBoard changes\n·       the appointment of Christopher Jones and Peter Tyler to the Board of the Company as Non-executive Directors with immediate effect; \n·       Harry Berry will be stepping down from the Board with effect from 31 March 2019 and from the role of Chief Operating Officer (COO) at the next Annual General Meeting in June 2019. He will provide ad hoc consultancy services to the Company for a 12-month period from July 2019; \n·       Paul Ratcliff will be stepping down as Non-executive Director with effect from the next Annual General Meeting; and\n·       the promotion of Heather Peacock to Chief Financial Officer of the Company (Heather remains on the board).\n \nSenior management changes\n·       the promotion of Anil Daulani to Chief Executive Officer & Managing Director of India while continuing on the Board of the Indian subsidiary; and\n·       the promotion of Allan Baig (currently Head of Engineering) to Vice President Engineering & Operations.\n \nThe following changes are to align the Board and senior management team with the Company's strategy as it continues to establish itself as a world leader in internet of things (IoT) technology for smart city solutions and grow its order book from its key markets (India, China, Nordics, SE Asia and UK), and in turn revenues. \n \nBoard changes\n \nChris Jones joins CyanConnode from global technology giant Arm Limited ('Arm', the multinational semiconductor and software design company) where his most recent role was Vice President of Commercial Operations for its IoT Service Group overseeing product Licencing and SaaS business models, at its Cambridge, UK headquarters.  Prior to this he held the position of Chief Operating Officer for mobile, device and IoT se...

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