DRUM Drumz Plc

 
TIDMACRM 
 
23 June 2023 
 
Acuity RM Group plc 
 
('Company') 
 
Board changes 
 
The Board of Acuity RM Group plc (AIM: ACRM) announces that Simon Marvell will 
retire as CEO of Acuity Risk Management Ltd ("Acuity"), the Company's wholly 
owned operating subsidiary, on 30 June and will not stand for election as 
director of the Company at the Annual General Meeting to be held on 27 June 
2023.   Kerry Chambers, the current COO of Acuity, has been selected as Simon's 
successor and will be appointed as a director of the Company and the CEO of 
Acuity on 3 July 2023. 
 
Simon Marvell will retire from full time employment.  However, Simon will 
continue as a non-executive director of Acuity and be engaged as a consultant to 
continue to provide advice and other inputs into accelerating the success of 
Acuity. 
 
Kerry Chambers will become CEO of Acuity and a director of the Company on 3 July 
2023.  Kerry joined Acuity in April 2021 as Commercial Director before being 
promoted as the Acuity's COO in April 2023.  She has been responsible for all 
sales, marketing and related activities.  In her time marketing has been brought 
in house, a new sales team recruited, a new strategic plan with a partnership 
programme to expand in North America, which represents 45% of the world market. 
In the two years since Kerry joined all the key performance indicators have 
shown continuing improvement. 
 
Angus Forrest said "I would like to thank Simon for his past work and look 
forward to his continuing involvement and contribution.  Over the past two years 
working together we have achieved a great deal of change strengthening the 
management of the business and improving every metric.  Simon is an expert on 
risk management having built his skill over more than 35 years.  He has founded 
two risk management businesses and is well known in the industry.  We look 
forward to working together and retaining his knowledge and expertise in his new 
role." 
 
"Kerry has demonstrated her skills and proved an excellent leader of sales, 
marketing and commercial activities over the past two years, we are delighted to 
announce her promotion to CEO and look forward to working with her as she leads 
the business in the next exciting phase of its growth." 
 
The following information is disclosed in accordance with Rule 17 and paragraph 
(g) of Schedule 2 of the AIM Rules for Companies in connection with the 
appointment of Kerry Louise Chambers (nee Williams and Mudditt) aged 50, to the 
Board of the Company. Details of Kerry's directorships are set out below.  She 
holds  674,555  ordinary shares in the Company and no options in the Company. 
 
Current directorships     Past directorships held within the last five years 
Acuity Risk Management    Resera Consulting Limited 
Limited 
 
For further 
information please 
contact: 
Acuity RM Group plc     www.acuityrmgroup.com 
Angus Forrest           +44 (0) 20 3582 0566 
 
WH Ireland (NOMAD &     www.whirelandplc.com/capital-markets 
Broker) 
Mike Coe / Sarah        020 7220 1666 
Mather 
Peterhouse Capital 
Limited Joint broker 
Lucy Williams / Duncan  020 7469 0936 
Vasey 
Clear Capital Markets    020 3869 6080 
Limited (Joint Broker) 
Andrew Blaylock 
 
Note to Editors 
 
Acuity RM Group plc 
 
Acuity RM Group plc (AIM: ACRM), previously known as Drumz plc, is an 
established provider of risk management services. Its award-winning STREAM® 
software platform, which collects data about organisations to improve business 
decisions and management. It is used by around 70 organisations in markets 
including government, utilities, defence, broadcasting, manufacturing and 
healthcare. 
 
The Company is focused on delivering long term, sustainable growth in 
shareholder value. In the short to medium term this is expected to come from 
organic growth and thereafter may also come from complementary acquisitions. 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

June 23, 2023 02:00 ET (06:00 GMT)

Drumz (LSE:DRUM)
Historical Stock Chart
From Mar 2024 to Apr 2024

Drumz (LSE:DRUM)
Historical Stock Chart
From Apr 2023 to Apr 2024