REG - ActiveOps PLC - Appointment of new Chief Financial Officer

ActiveopsAnnouncement

28/03/2023 07:15

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RNS Number : 3849U  ActiveOps PLC  28 March 2023

28 March 2023

ActiveOps plc

("ActiveOps" or the "Company")

Appointment of new Chief Financial Officer

 

ActiveOps plc (AIM: AOM), a leading provider of Management Process Automation
(MPA) software for running hybrid and global back-office operations, is
pleased to announce the appointment of Ken Smith as Chief Financial Officer
with effect from 1(st) May 2023.

Ken is a chartered accountant and accomplished CFO, with over 30 years of
executive level experience in both publicly listed and private companies, with
a specialism in the development and expansion of technology companies. Prior
roles include CFO and part-time Chair of Memset Limited, a privately-held,
cloud computing business, CFO and subsequently CEO of Clarity Commerce
Solutions plc, a UK based AIM-listed software group and Group CFO of
Alphameric plc.

Further to the announcement on 16 December 2022, current CFO, Paddy Deller,
will step down from the Board on the 1(st) of May 2023 and will remain with
the business until 31(st) May 2023, to ensure an orderly handover.

Sean Finnan, Chairman, commented: "We are delighted to welcome Ken to the
ActiveOps team. Ken's CFO skills and extensive experience with growing
technology businesses matched our criteria for a leadership team focussed on
our growth trajectory.

On behalf of the Board and the wider Company, I would like to thank Paddy for
his commitment to the Group. He was instrumental in implementing stable
finance systems and the work that led to our successful IPO. We wish him well
for the next stage of his career."

 

Schedule Two paragraph (g) disclosures:

 

Kenneth Ronald Smith (65 years old) has been a director or partner of the
following companies during the five years preceding the date of the
announcement:

 

 Current directorships and/or partnerships:                                                                                                                                                      Past directorships and/or partnerships:
 Lumino Business Insight Limited                                                                                                                                                                 Memset Ltd

                                                                                                                                                                                                 Lumi-Plugin Ltd

 

There is no further information required to be disclosed under Rule 17 or
paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

For more information, please contact:

 ActiveOps                                 Via Alma PR
 Richard Jeffery, Chief Executive Officer  www.activeops.com (http://www.activeops.com/)
 Patrick Deller, Chief Financial Officer

 Investec Bank plc                         +44 (0)20 7597 5970
 Corporate Broking & PLC Advisory
 Patrick Robb / David Anderson

 Alma PR                                   + 44(0) 203 405 0205
 Caroline Forde / Will Ellis Hancock

 

About ActiveOps

ActiveOps is a leader in Management Process Automation (MPA), providing a SaaS
platform to large enterprises with complex and often global back-offices. The
Group's software and embedded back-office operations management methodology
enables enterprises to adopt a data-driven, scientific approach to organising
work and managing capacity.

The Group's enterprise platform comprises its MPA software products
and AOM, the Group's operations methodology and framework for effective
back-office management. Together, this combination of software and embedded
methodology enables operations managers to balance the competing priorities of
meeting service and quality standards while improving productivity and
reducing cost.

As at 31 March 2022, the Group has 190 employees, serving its global customer
base of approximately 80 enterprise customers from offices in the UK, Ireland,
USA, Australia, India and South Africa. The Group's customers are
predominantly in the banking, insurance and business process outsourcing (BPO)
sectors, including Nationwide, TD Bank, Anthem Inc and DXC Technology.

 

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