2nd Jul 2019 14:16
(Alliance News) - Bidstack Group PLC said Tuesday it has appointed Derek Wise, former chief technology officer of advertising technology startup Grapeshot Inc, as a non-executive director.
The company also announced the immediate departure of two non-executive directors, John Taylor and Lindsay Mair, who have been on the board since November 2017. Taylor and Mair have stepped down "to pursue their other business interests", Bidstack said.
Wise was part of Grapeshot before it was acquired by US business software maker Oracle Corp, and is now vice president of Contextual Intelligence at Oracle Data Cloud. He joins Bidstack with immediate effect.
Bidstack Chief Executive James Draper said: "Given the attractiveness of our technical offering we have been looking to add a board member who has had experience of building and scaling borderless enterprise technology which has then been acquired by a major Silicon Valley player.
"Derek's technical background at the highest level of gaming, coupled with his intimate knowledge of the contextual understanding of data, is a perfect blend for us and his work as chief technology officer of Grapeshot eventually led to its acquisition by Oracle."
Shares in the company were down 1.7% at 31.21 pence in London on Tuesday afternoon.
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