Appointment of CFOSource: RNS
05 May 2022
i-nexus Global plc
("i-nexus", the "Company" or the "Group")
Appointment of CFO
i-nexus Global plc (AIM: INX), a leading provider of cloud-based Strategy Execution software solutions designed for the Global 5000, is pleased to announce the appointment of Drew Whibley to the Board as CFO, with effect from 1 August 2022. Following over 10 years at i-nexus, and with the business continuing to deliver positive progress, current CFO, Alyson Levett, will step down from the Board at that time to pursue a portfolio career. In the near term, Ms. Levett will remain available to i-nexus in an advisory role to ensure an orderly hand over. The Board thanks Alyson for her committed stewardship of the business, alongside CEO Simon Crowther, from pre-IPO until now.
Drew joins i-nexus from his role as Group Finance Manager at LSE listed software business Aptitude Software Group plc, where he has overseen both the internal and external reporting and budgetary requirements whilst playing a key role in delivering on the Group's strategy. Previous roles include Group Accountant at Frontline Limited, a listed shipping business with annual turnover of ~$750m and Audit Supervisor at Baker Tilly, where he qualified as a chartered accountant.
Notice of Results
The Company expects to release results for the 6 months ended 31 March 2022 towards the end of May 2022.
Richard Cunningham, Non-Executive Chairman of i-nexus, commented, "The Board are extremely sad to see Alyson leave her current role and we are incredibly grateful for the tireless work and huge personal commitment that she has put into ensuring the financial stability of i-nexus. She leaves the business on a sound financial footing, and we wish her all the very best in her future endeavours.
"We believe that in Drew we have found an exceptional CFO, with a strong grounding in the requirements of a listed business combined with a thorough understanding of SaaS business models. We look forward to working with him, as we look to continue the positive progress we have been making in recent months."
Simon Crowther, CEO of i-nexus, added, "I would like to echo the views of the Chairman above. I am very sad to see Alyson leave, having played such a vital role in the safe stewardship of the business through the challenges of the last few years, but I wish her every success in the next stage of her professional career."
Director Appointment Information
Full name: Drew David Whibley
Current and past Directorships: none
There are no further disclosures required in accordance with AIM Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.
For further information please contact:
i-nexus Global plc
Simon Crowther, CEO
Via: Alma PR
Singer Capital Markets (Nominated Adviser and Broker)
Sandy Fraser / Alaina Wong (Corporate Finance)
Tom Salvesen (Corporate Broking)
Tel: +44 (0)207 496 3000
Tel: +44 (0)203 405 0205
About i-nexus Global plc
i-nexus Global plc ("i-nexus") helps organisations achieve their goals. Whether executing a strategy, driving operational excellence and continuous performance improvement, or coordinating portfolios and programs to transform results, i-nexus strategy execution software underpins success.
Today, we support organisations in managing over 200,000 strategic programmes around the world.
i-nexus transforms how organisations plan, execute, and track goals. We inspire the confidence to leave behind the spreadsheets, presentations and reports those organisations rely on, replacing it with a cloud-based, collaborative solution.