First Derivatives PLC Directorate Change and Appointment (2535I)
March 24 2015 - 2:02AM
UK Regulatory
TIDMFDP
RNS Number : 2535I
First Derivatives PLC
24 March 2015
24 March 2015
First Derivatives PLC
("FD" or the "Company")
Directorate Change and Appointment
FD (AIM:FDP.L, ESM:FDP.I), a leading provider of software and
consulting services, announces the appointment of Pat Brazel as
Global Head of Software Sales, following the acquisition of
ActivateClients Limited detailed in a separate announcement earlier
today. As a result of this appointment, Mr Brazel has stepped down
as a Non-Executive Director of the Company with immediate
effect.
The appointment of Mr Brazel strengthens the Company's executive
leadership as it seeks to penetrate additional vertical sectors,
using the capabilities of its Delta platform and kdb+ to capture
and analyse big data, especially fast streaming information. He
will work alongside Gerry Buggy, who will take up a new role as
Chief Technology Officer.
Mr Brazel has more than 25 years' experience in the software
industry, including nearly a decade as President of Sungard Capital
Markets. He was also a founder of Sentry Financial Technology, now
part of IBM and of GoldTier Technologies, which was acquired by
Thomson Reuters in 2013.
Pat Brazel commented: "My time as a Non-Executive Director at FD
has convinced me of the Company's potential to become the leading
player in the emerging market for fast data and analytics. In my
new role as Global Head of Software Sales, I look forward to
helping FD realise this ambition."
Brian Conlon, Chief Executive Officer of FD, commented: "I am
delighted to announce the appointment of Pat Brazel. His track
record in driving sales at high-growth enterprise software
companies will be extremely valuable to the Company. We continue to
invest in our sales and marketing capability to meet a range of
market opportunities, particularly as we execute on our strategy to
enter new vertical markets."
Enquiries:
First Derivatives plc +44(0)28 3025 2242
Brian Conlon, Chief Executive www.firstderivatives.com
Officer
Graham Ferguson, Finance
Director
Ian Mitchell, Head of Investor
Relations
Charles Stanley Securities
(Nominated Adviser and Broker)
Russell Cook
Carl Holmes +44 (0)20 7149 6000
Goodbody Corporate Finance
(ESM Adviser and Broker)
Linda Hickey +353 1 667 0420
Walbrook PR
Paul Cornelius
Sam Allen
Nick Rome +44 (0)20 7933 8780
About First Derivatives
FD is a global technology provider with nearly 20 years of
experience of working with some of the world's largest finance,
technology and energy institutions. It holds a 65% stake in Palo
Alto-based Kx Systems, developer of the world-leading database
technology, kdb+. It employs over 1,200 people worldwide and has
operations in London, New York, Stockholm, Singapore, Hong Kong,
Tokyo, Sydney, Toronto, Philadelphia, Dublin, Belfast and its
headquarters in Newry. For further information, please visit
www.firstderivatives.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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