Gresham Technologies PLC Directorate Change (1289C)
April 11 2017 - 2:01AM
UK Regulatory
TIDMGHT
RNS Number : 1289C
Gresham Technologies PLC
11 April 2017
11 April 2017
Gresham Technologies plc
Board changes
Gresham Technologies plc (LSE: "GHT", or "Company" or "Group"),
the leading software and services company that specialises in
providing real-time transaction control and enterprise data
integrity solutions, announces the following Board changes.
Andy Balchin will join the Board as an independent non-executive
director and chair of the audit committee with an effective date of
15 May 2017. Mr. Balchin will also join the remuneration and
nomination committees. Mr. Balchin is currently chief financial
officer at Clearswift, a provider of cyber security solutions, now
part of the RUAG Defence group. He brings significant financial
experience in high growth software companies, including
Smartstream, SeeBeyond and Documentum. Mr. Balchin is a chartered
accountant and has recent experience working in a private equity
environment, in M&A and IPO transactions, as well as in
external audit during his early career.
Chris Errington, non-executive director and current chair of the
audit committee, will step down from the Board on 31 May 2017. Mr.
Errington has been with the Company since 2004, and the Board
wishes to recognise Mr. Errington's enormous contribution to the
Group over that period, in particular his key role as chief
executive between 2010 and 2015 in initiating and delivering the
CTC-based strategy.
Ken Archer, Chairman, commented:
"I am delighted to welcome Andy to the Board. Andy has
significant experience in high growth companies from his current
and previous executive roles, and he will bring fresh skills and
constructive challenge to the Board as we pursue our Clareti-led
strategy to deliver significant profitable growth.
I would like to thank Chris for his many years of loyal service
to the Group. He has made a tremendous, transformative contribution
to the Group, and he leaves with our warmest wishes as he pursues
his other business commitments and interests."
Regulatory disclosures
Andrew Mark Balchin, aged 56, is not currently and has not at
any time in the previous five years been a director of any other
publicly quoted company. There is no further information required
to be disclosed pursuant to Listing Rule 9.6.13 R in relation to
Mr. Balchin.
Enquiries
+44 (0) 207 653
Gresham Technologies plc 0200
Ken Archer
Ian Manocha
Rob Grubb
+44 (0) 207 496
N+1 Singer (Broker) 3000
Shaun Dobson
Lauren Kettle
Note to editors
Gresham's award-winning Clareti software platform has been
designed to provide financial institutions with complete certainty
in their data processing. Clareti is a highly flexible and fully
scalable platform for assuring enterprise data integrity and is
designed to address today's most challenging financial control,
internal risk management, data governance and regulatory compliance
problems. Gresham's portfolio of applications based on the Clareti
platform, including Clareti Transaction Control (CTC), Clareti
Accounts Receivable Management (Clareti ARM), Clareti Loan Control
(CLC) and Clareti 24 Integration Objects (C24 IO), provide
innovative industry specific solutions for real-time data
management.
Gresham Technologies plc is a leading software and services
company that specialises in providing real-time transaction control
and enterprise data integrity solutions. Listed on the main market
of the London Stock Exchange (GHT.L) and headquartered in the City
of London, customers include some of the world's largest financial
institutions, all of whom are served locally from offices located
in Europe, North America and Asia Pacific.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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