TIDMACSO
RNS Number : 0707F
Accesso Technology Group PLC
16 February 2018
16 February 2018
accesso(R) Technology Group plc
("accesso" or the "Group")
CEO Transition
- Paul Noland to succeed Steve Brown as accesso CEO -
- Steve Brown to remain an advisor throughout 2018 -
accesso Technology Group plc (AIM: ACSO), the premier technology
solutions provider to leisure, entertainment, hospitality,
attractions and cultural markets, is pleased to announce today that
Royce Paul Noland Jr. (Paul Noland), President and CEO of the
International Association of Amusement Parks and Attractions
("IAAPA"), will succeed Steve Brown as accesso's Chief Executive
Officer, and is expected to join the Board of accesso on 9 April
2018. Steve Brown will step down from the accesso Board
concurrently with Mr Noland's arrival, but will continue to serve
as an advisor to both Mr Noland and the accesso Board of Directors
throughout 2018.
Mr Noland is a leader in the leisure industry, who in his
current role at IAAPA heads the largest international trade
association for amusement facilities and attractions worldwide.
Prior to starting this role in 2013, Mr Noland acted in a number of
senior executive roles with Walt Disney Parks and Resorts during a
16 year tenure, where he championed major growth initiatives across
the company's domestic theme parks and resorts. During this time
Paul gained extensive operational leadership experience while
serving as Walt Disney World's Senior Vice President, Finance,
Planning, and Business Development. In other executive roles at
Disney, he also oversaw the resort's revenue management, ticketing,
and pricing functions. Prior to his time at Walt Disney Parks and
Resorts, he spent more than a dozen years in leadership roles with
Marriott International, where he focused on optimizing revenue
across the company's then 900 hotels. Mr Noland will step down from
his existing role at IAAPA to focus on his new role at accesso.
Steve Brown has led accesso since May 2016 after serving for
three years as the Group's Chief Operating Officer. He steps down
from the CEO position having established an industry-leading
culture of operational excellence and overseen a considerable
expansion in the Group's global activities and service
offering.
Tom Burnet, Executive Chairman of accesso, commented:
"We thank Steve for the outstanding contribution he has made to
Accesso's prosperity during his tenure. His leadership, vision and
drive have been fundamental to the creation of today's global and
integrated Accesso and I have enjoyed working with him enormously.
His decision to stay on as an advisor to Paul and the Board will
ensure a smooth transition and we wish him all the best in his next
endeavours.
We believe that Paul's unmatched track-record, industry
knowledge, relationships and passion for excellence make him
exactly the right person to lead the next phase of our growth. I
look forward to working closely with him as we continue to execute
on our ambitious plans.
Steve Brown, CEO of accesso commented:
"I am excited to see the company that I have helped to build
continue forward under the leadership of a person I have known,
trusted and worked with for more than 20 years. I can think of no
one better suited to lead Accesso to a position of international
prominence than Paul Noland."
Paul Noland commented:
"I'm thrilled to be joining Accesso at such an exciting time in
its development. The Accesso team has built a fantastic business
and I look forward to bringing my experience to bear in driving it
forward.
My background across the industry gives me a full sense of the
opportunity Accesso has before it, and with the combination of
outstanding technology and fantastic people already in place, I'm
full of excitement about the future."
Pursuant to Rule 17 and Schedule 2(g) of the AIM Rules for
Companies, the following information is disclosed in respect of
Paul Noland (aged 58). Mr Noland does not currently have any
shareholdings in accesso.
Current directorships: Past directorships (last 5 years):
International Association of Amusement Parks and Attractions (IAAPA) RPN Associates, LLC
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
For further information, please
contact:
accesso Technology Group plc +44 (0)118 934 7400
Tom Burnet, Executive Chairman
Steve Brown, Chief Executive Officer
John Alder, Chief Financial Officer
FTI Consulting, LLP +44 (0)20 3727 1000
Matt Dixon, Adam Davidson
Canaccord Genuity Limited +4 (0)20 7523 8000
Simon Bridges, Martin Davison, Richard Andrews
Numis Securities Limited +44 (0)20 7260 1000
Simon Willis, Mark Lander
About accesso(R) Technology Group
At accesso, we believe technology has the power to redefine the
guest experience. Our patented and award winning solutions drive
increased revenue for attraction operators while improving the
guest experience. Currently serving over 1,000 clients in 27
countries around the globe, accesso's solutions help our clients
streamline operations, generate increased revenues, improve guest
satisfaction and harness the power of data to educate business and
marketing decisions.
accesso stands as the leading technology provider of choice for
tomorrow's attractions, venues and institutions. We invest heavily
in research and development because our industries demand it, our
clients benefit from it and it makes a positive impact on the guest
experience. Our innovative technology solutions allow venues to
increase the volume and range of on-site spending and to drive
increased transaction-based revenue through cutting-edge ticketing,
point-of-sale, virtual queuing, distribution and experience
management software.
Many of our team members come from backgrounds working within
the attractions and cultural industry. In this way, we are
experienced operators who run a technology company serving
attractions operators, versus a technology company that happens to
serve the market. Our staff understands the day-to-day operations
of managing complex venues and the challenges this creates, and
together we strive to provide our clients and their guests with
technology that empowers them to do more and enjoy more. From our
agile development team to our dedicated client service specialists,
every team member knows that their passion, integrity, commitment,
teamwork and innovation are what drive our success.
accesso is a public company, listed on AIM: a market operated by
the London Stock Exchange. For more information, visit
www.accesso.com. Follow accesso on Twitter, LinkedIn and
Facebook.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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