7th Mar 2024 20:51
KRM22 PLC - London-based technology and software investment company - Promotes Chief Services Officer Dan Carter to chief executive officer, replacing Stephen Casner, who is leaving to pursue private equity opportunities in the US. Further, KRM22 promotes Non-Executive Director Garry Jones to non-executive chair, replacing Keith Todd, who was executive chair. Changes take effect immediately. Former executive chair Todd says: "After nearly six years since our initial public offering, it's time to make these board changes when the growth trajectory and outlook of the company is strong." Chair Jones says: "Over the last few years KRM22 has established itself as a market leader in risk management technology with a strong client list of major financial institutions. The management changes announced today lay the groundwork for significant future growth and renewed vigour, whilst creating economic and business value for our shareholders, customers and employees."
Current stock price: 27.00 pence
12-month change: down 41%
By Tom Budszus, Alliance News slot editor
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