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IN BRIEF: Maestrano Promotes Global Sales Head Nicholas Smith To CEO

12th Oct 2020 17:25

Maestrano Group PLC - London-based cloud platform for data management and business analytics - Appoints Nicholas Smith as chief executive officer, effective January 11. He was appointed as a director of the company and vice president global sales in November last year. Following an "extended handover" period, Andrew Pearson will step down as CEO and a director upon Smith taking up his new role.

"Andrew has done a superb job as CEO, with flawless execution of a complex merger and establishing processes and practices that will serve the Company for years to come. The Board recently completed a long term business plan and agreed that our product leadership warranted increasing focus on complex Machine Learning solutions in the transport sector, hence this decision," says Chair Ian Buddery.

Current stock price: 11.50 pence

Year-to-date change: up sharply from 1.60 pence at end of 2019

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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