18th Mar 2019 12:02
LONDON (Alliance News) - Educational software firm Tribal Group PLC said Monday acting Chief Executive Officer Mark Pickett has been appointed boss of the firm on a permanent basis.
Pickett - who has served as chief financial officer since 2016 - became acting chief from September 2018 following the death of former boss Ian Bowles in August. On assuming the acting CEO role, he also retained his position as finance chief.
Having been appointed CEO on a permanent basis, Pickett will relinquish his role as CFO.
"Since taking on the role as Acting CEO, Mark has shown excellent leadership, strategic thinking and operational capability that gives me great confidence that he is the best person to take Tribal forward," Tribal Executive Chair Richard Last said.
"These skills combined with his energy, focus and enthusiasm have enabled significant operational and strategic progress to have been made over the last six months," Last added.
Last said he was "pleased" that Pickett will be replaced in the numbers chief role by Financial Controller Paul Simpson. Simpson - a chartered accountant - has been at Tribal since 2016.
Shares in Tribal were 2.0% higher at 72.65 pence on Monday.
Related Shares:
Tribal Grp.