WANdisco Plc Appointment of Interim Chair (7900T)
March 22 2023 - 2:00AM
UK Regulatory
TIDMWAND
RNS Number : 7900T
WANdisco Plc
22 March 2023
22 March 2023
WANdisco plc
("WANdisco" or the "Company")
Appointment of Interim Chair
WANdisco (LSE: WAND), the data activation platform, announces
its intention to appoint Kenneth ("Ken") Lever as Interim
Non-Executive Chair of the Board of Directors (the "Board") and to
Chair the Investigation Committee supporting the investigation
currently being undertaken by FRP Advisory, announced on 10 March
2023. As Chair, Ken will provide leadership and direction to the
Board and oversee the strategic direction and corporate governance
of the Company. The Investigation Committee comprises the Chair and
two Non-Executive Directors: Peter Lees, Senior Independent
Non-Executive Director and Karl Monaghan, Chairman of the Audit
Committee.
Ken is an experienced business leader, having held a number of
senior executive and non-executive positions within UK-listed
firms. He is currently Non-Executive Director at Vertu Motors plc
and Rockwood Strategic plc, as well as Deputy Chairman of Rainier
Developments Limited. Ken has recently stepped down as
Non-Executive Chairman of Biffa plc and RPS Group plc. Ken was also
a Non-Executive director at Blue Prism plc, an intelligent
automation software business, where he was Chair of the Audit
Committee. In his executive career, Ken was latterly Chief
Executive Officer of technology, business services and insurance
software business Xchanging plc. Ken is a member of the Advisory
Board of the Alliance Manchester Business School and has served on
the UK Accounting Standards Committee of the Financial Reporting
Council.
The appointment is subject to completion of customary due
diligence and the Company will make further announcements, as
appropriate.
For further information, please contact:
WANdisco plc via FTI Consulting
David Richards, Chief Executive
Officer
Erik Miller, Chief Financial Officer +44 (0)20 7039
Kam Bansil, Investor Relations 1901
+44 (0)20 3727
FTI Consulting 1137
Matt Dixon / Rob Mindell / Kwaku
Aning
+44 (0)20 7710
Stifel (Nomad and Joint Broker) 7600
Fred Walsh / Richard Short / Tom
Marsh
Liberum (Joint Broker)
+44 (0)20 3100
Max Jones / Kate Bannatyne 2000
About WANdisco
WANdisco is the data activation platform for accelerating
digital transformation at scale. WANdisco makes infinite data
actionable across clouds and enterprises in real time. WANdisco
customers unleash the business value of the cloud with zero
downtime, data loss, or disruption to fuel AI and machine learning,
create new
services, and transform businesses. For more information about WANdisco, visit www.wandisco.com
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END
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