WANdisco Plc Directorate Changes (8540L)
October 06 2016 - 2:00AM
UK Regulatory
TIDMWAND
RNS Number : 8540L
WANdisco Plc
06 October 2016
6 October 2016
WANdisco plc
("WANdisco" or the "Company")
Directorate Changes
Paul Walker, Ian Duncan
The Board of WANdisco (LSE: WAND) today announces that Paul
Walker, Chairman, and Ian Duncan, non-executive director, have
stepped down from the Board with immediate effect.
Paul Walker and Ian Duncan commented:
"As independent non-executive directors, we had not considered
David the right person to lead the Company going forwards. Since
the announcement of 29 September 2016 regarding David Richards
stepping down from the Board, we have been informed that
approximately 58% of the Company's shareholders support David's
reinstatement as CEO. Accordingly, we have decided to resign from
the Board with immediate effect.
We remain confident that the Company has a unique product
portfolio that will be of great value to the leading companies in
the big data and cloud market. We wish WANdisco all the best for
the future."
Erik E. Miller
Separately, the Board also announces that Erik E. Miller, CFO,
has resigned from the Board with immediate effect.
For further information please contact:
+44 (0)203 727
FTI Consulting 1000
Matt Dixon / Dwight Burden / Rob
Mindell
+44 (0)207 597
Investec (Joint Broker and NOMAD) 4000
Christopher Baird / Dominic Emery
UBS (Joint Broker) +44 (0)207 567
Rahul Luthra / Sandip Dhillon 8000
About WANdisco plc
WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop
software solutions that enable globally distributed organizations
to meet today's data challenges of secure storage, scalability and
continuous availability. WANdisco's products are differentiated by
the company's patented, active data replication technology, serving
crucial continuous availability requirements, including Hadoop Big
Data and Application Lifecycle Management (ALM), including Apache
Subversion and Git. Fortune Global 1000 companies, including
Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco
for performance, reliability, security and availability. For
additional information, please visit www.wandisco.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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