REG - Corero Network Sec. - Directorate Change

Corero Network SecurityAnnouncement

07/05/2024 07:15

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RNS Number : 2672N  Corero Network Security PLC  07 May 2024

7 May 2024

Corero Network Security plc

("Corero" or the "Company")

 

Directorate Change and Appointment of Chief Financial Officer

 

Corero Network Security plc (AIM: CNS) (OTCQB: DDOSF), the specialists in
distributed denial of service ("DDoS") protection solutions, announces that
Phil Richards, Corero's Chief Financial Officer and Board Director has
notified the Board of his intention to resign to pursue an opportunity in the
iGaming sector.  Phil will remain with the business until the publication of
the trading update for the six months ended 30 June 2024 to ensure an orderly
handover.

The Company is pleased to announce that Chris Goulden will join Corero as
Chief Financial Officer with immediate effect.

Chris has over 15 years' experience in finance and operational roles across
international B2B service environments. Chris spent 13 years at CBRE Global
Workplace Solutions, a US-listed global Facilities Management and Property
Services provider, in a number of senior finance roles. Prior to CBRE, Chris
spent 3 years supporting a number of divisions at BNP Paribas. Chris trained
at EY and is a fellow of the Association of Chartered Certified Accountants
and completed his MBA in 2018.

On joining Corero, Chris will not be a director of the Company. Other than
that set out below, there is no further information required to be disclosed
under Rule 17 and Schedule Two, paragraph (g) of the AIM Rules.

Carl Herberger, Chief Executive Officer, commented:

"I am delighted to welcome Chris to Corero and look forward to working with
him as we continue to deliver and grow as a Company. His experience will
further strengthen the Company's skillset and I am confident he will
significantly contribute to our future success.

"I would like to take this opportunity to thank Phil for his significant
contribution and dedication to Corero. We wish him all the best for the future
in his new role."

Chris Goulden added:

"I am delighted to be joining Corero and very much look forward to working
with the team to deliver the next phase of growth."

 

Additional Information

Details in respect of Chris Goulden, as required pursuant to Rule 17 and
Schedule 2(g) of the AIM Rules for Companies, are as set out below.

Christopher James Goulden, age 39, is currently, or has been, a Director of
the following companies within the past five years:

 

 Current Directorships  Previous Directorships
 Nil                    CBRE GWS A/S (Norway)

 

 

Enquiries:

                                                               Tel: +44(0)20 7390 0230

 Corero Network Security plc
 Carl Herberger, Chief Executive Officer
 Phil Richards, Chief Financial Officer

 Canaccord Genuity Limited (Nominated Adviser and Broker)      Tel: +44(0)20 7523 8000
 Simon Bridges / Andrew Potts / Harry Rees

 Vigo Consulting                                               Tel: +44(0)20 7390 0230
 Jeremy Garcia / Kendall Hill
 corero@vigoconsulting.com (mailto:corero@vigoconsulting.com)

 

About Corero Network Security

 

Corero Network Security is a leading provider of DDoS protection solutions,
specializing in automatic detection and protection solutions with network
visibility, analytics, and reporting tools. Corero's technology protects
against external and internal DDoS threats in complex edge and subscriber
environments, ensuring internet service availability. With operational centres
in Marlborough, Massachusetts, USA, and Edinburgh, UK, Corero is headquartered
in London and listed on the London Stock Exchange's AIM market (ticker: CNS)
and the US OTCQB market (OTCQB: DDOSF).

 

For more information, visit www.corero.com (http://www.corero.com/) , and
follow us on LinkedIn (https://www.linkedin.com/company/corero/)  and X
(Twitter (https://twitter.com/Corero) ).

 

 

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