Board Changes

eg solutions plc

Board changes

eg solutions plc (AIM: EGS), the back office optimisation software Company, is pleased to announce the appointment of Robert (Bob) Joseph Krakauer as a Non-Executive Director of the Group, with immediate effect. Mr Krakauer replaces Spence Mallder on the board as the representative of Aspect Software UK Ltd., a major shareholder in the Company; accordingly Mr Mallder has today stepped down from the board of eg.

Bob Krakauer, aged 49 years, has substantial experience in senior finance and operational roles, primarily within companies in the technology sector. Mr Krakauer is currently CFO of Aspect Software, which provides enterprise software for customer service. He served as interim CFO of Genesys, CFO of GlobalFoundries and LifeLock, as well as president and CFO of MagnaChip Semiconductor. He was previously executive vice president of corporate operations and CFO for ChipPAC, where he was part of the management team that successfully took the company public on NASDAQ. Mr Krakauer also held executive leadership positions in finance and business development for AlliedSignal (now Honeywell). He is a chartered accountant, and has a bachelor's degree in accounting and an MBA with a concentration in operations.

Commenting on the appointment, Duncan McIntyre, Chairman of eg solutions, said:

"We are delighted that Bob is joining the Board. Bob's skills in the field of technology will enhance the strength of our Board in an area which is very important to the delivery of our growth plans."

Current directorships held by Mr Krakauer and directorships held by him in the last five years are as follows:

Mr Krakauer is a director of Aspect Software UK Ltd which holds 2,148,337 ordinary shares (9.5 per cent.) in the Company. Therefore, Bob has an indirect interest in the Company by virtue of his oversight role at Aspect Software UK Ltd.

There is no further information disclosable in respect of Mr Krakauer's appointment, pursuant to Schedule 2(g) of the AIM Rules for Companies.

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About eg solutions plc

eg solutions is a back office workforce optimisation software Group. eg pioneered this new market space and developed the most complete, purpose built workforce optimisation software for back offices - the only solution that manages work, people and end-to-end processes wherever they are undertaken, anywhere in the world.

Our software is now used by leading UK, international and global companies in multiple industry sectors including financial services, healthcare and utilities. 

Using our forecasting, scheduling, real-time work management and operational analytics capabilities, we deliver measureable improvements in service, quality, productivity and regulatory compliance. When supported by our implementation and training services we guarantee return on investment in short timescales. 

Regardless of who is serving the customer - call centre, back offices, branches or the field - our solutions provide true insight into the full customer service process and promote world-class operational management capability. 

The Group is listed on AIM, the London Stock Exchange's international market for smaller growing companies (EGS).