Blancco Technology Group PLC Appointment of Chief Executive Officer (1514J)
March 28 2018 - 1:01AM
UK Regulatory
TIDMBLTG
RNS Number : 1514J
Blancco Technology Group PLC
28 March 2018
Blancco Technology Group PLC
("Blancco", or the "Company")
APPOINTMENT OF CHIEF EXECUTIVE OFFICER
The Board of Blancco Technology Group plc is delighted to
announce that, following an extensive selection process, Matt Jones
is joining the Company today as Chief Executive Officer and Board
Director.
Specialising in the technology sector, Matt is a recognised
leader with a successful track record of developing and overseeing
the execution of growth strategies for companies in security,
storage and communications.
Matt was most recently CEO of E8 Security, a pioneer in
behavioural intelligence and cybersecurity based in the USA. Prior
to joining E8 Security, Matt held positions at InterAct, a leading
cloud-based software provider for public safety (where he was
Executive Chairman), CloudShield Technologies, a provider of
cybersecurity solutions (where he was CEO) and Allocity a software
company concentrating on storage management.
Matt led the transformation and growth at both E8 Security and
CloudShield into leading cybersecurity software companies focused
on the enterprise market, increasing revenue, building out teams to
scale and successfully leading global market expansion. He was
instrumental in the sale of CloudShield to SAIC and Allocity to
EMC. Matt has also held senior executive roles at Excite@Home,
Sprint and AT&T.
Rob Woodward, Chairman, commented: "The Board and I are
delighted to welcome Matt to the team. Matt's wealth of experience
and success in the international software sector made him the stand
out choice among an impressive field of candidates. I am sure he
will be instrumental in enabling Blancco to capitalise on the
rapidly developing international markets for its products and to
meet its full growth potential.
Matt Jones, Chief Executive Officer, said: "I am very much
looking forward to joining Blancco and leading the business through
the next stage of its growth and development. I have been extremely
impressed by the strength of Blancco's product portfolio and the
high quality of the people throughout the business and see a clear
market opportunity ahead of us. There are many exciting prospects
for us to pursue to create value for all of our stakeholders.
Simon Herrick will continue as Interim CFO and the Board wishes
to thank him for undertaking the role of Interim CEO since
September 2017.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014 ("MAR"). Upon the
publication of this announcement, this inside information is now
considered to be in the public domain.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of Blancco by Lorraine Young Company Secretaries Limited,
Company Secretary of Blancco.
Enquiries:
Blancco Technology Group Plc +44 (0) 20 3657 7000
Rob Woodward, Chairman
Simon Herrick, Interim Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and Broker) +44 (0) 20 7418 8900
Edward Knight
Nick Prowting
Panmure Gordon (UK) Limited (Joint Broker) +44 (0) 20 7886 2500
Dominic Morley, Corporate Finance
Charles Leigh Pemberton, Corporate Broking
Tulchan Communications +44 (0) 20 7353 4200
Tom Murray
Matt Low
About Blancco:
Blancco Technology Group is a leading global provider of mobile
device diagnostics and secure data erasure solutions. For more
information, please visit www.blancco.com
Appendix
The following information is disclosed under AIM Rule 17 and
Schedule Two (g):
Matthew Craig Jones (known as Matt) (aged 58) does not hold any
shares in the Company.
Current directorships or partnerships:
Splice Communications Inc
Previous directorships or partnerships held in the past five
years:
E8 Security Inc
InterAct911 Corporation
EOS Climate Inc
This information is provided by RNS
The company news service from the London Stock Exchange
END
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