REG - Seeing Machines Ltd - Appointment of Chief Financial Officer

Seeing MachinesAnnouncement

11/11/2022 07:16

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RNS Number : 0038G  Seeing Machines Limited  11 November 2022

 

Seeing Machines Limited

("Seeing Machines" or the "Company")

11 November 2022

Executive Change

Appointment of Chief Financial Officer

 

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the
advanced computer vision technology company that designs AI-powered operator
monitoring systems to improve transport safety, is pleased to announce the
appointment of Martin Ive as Chief Financial Officer. Martin will join the
team on Monday 14 November.

Martin joins Seeing Machines from Altium, the Australian multinational
software company, where he began in 2004. During his time at Altium he
performed a number of roles in Australia and the United States, including
Senior VP Finance and Chief Financial Officer, overseeing the global finance
organisation and the company's compliance and statutory requirements, while
providing valuable business support to Altium's global sales teams.

Prior to Altium, Martin trained as an auditor in the UK before moving to
Sydney and holding a management position in the Business Services Group at
Grant Thornton. He is a member of the Institute of Chartered Accountants in
Australia, holds a BA Hons (Accounting) from Portsmouth University, UK and an
MBA from Macquarie Graduate School of Management in Australia.

Martin will not be appointed to the Seeing Machines Board.

Furthermore, the Company confirms that Naomi Rule has announced she is to step
down as CFO to pursue other opportunities. Naomi will work closely with Martin
over the coming month to conduct a comprehensive handover.

Paul McGlone, CEO of Seeing Machines said, "On behalf of the entire team and
board of directors, I would like to thank Naomi for her commitment and
dedication to Seeing Machines over the past three years. She has made an
invaluable contribution in strengthening our financial reporting and
performance and I would personally like to thank Naomi for her support as an
executive team member over this time.

I am delighted to welcome Martin to the team. Martin is a highly experienced
finance professional and chartered accountant, who was responsible for leading
the development of Altium's business intelligence capabilities to provide
insights and information, guiding operational and strategic decisions. I very
much look forward to working closely with him to drive the next phase of
growth for Seeing Machines."

 

Enquiries:

 Seeing Machines Limited                     +61 2 6103 4700
 Paul McGlone - CEO

Sophie Nicoll - Corporate Communications
 Stifel Nicolaus Europe Limited (Nominated Adviser and Broker)                +44 20 7710 7600
 Alex Price

Nick Adams

Ben Burnett
 Lionsgate Communications (Media Enquiries)  +44 7791 892509

 Jonathan Charles

About Seeing Machines (AIM: SEE), a global company founded in 2000 and
headquartered in Australia, is an industry leader in vision-based monitoring
technology that enable machines to see, understand and assist people. Seeing
Machines' technology portfolio of AI algorithms, embedded processing and
optics, power products that need to deliver reliable real-time understanding
of vehicle operators. The technology spans the critical measurement of where a
driver is looking, through to classification of their cognitive state as it
applies to accident risk. Reliable "driver state" measurement is the end-goal
of Driver Monitoring Systems (DMS) technology. Seeing Machines develops DMS
technology to drive safety for Automotive, Commercial Fleet, Off-road and
Aviation. The company has offices in Australia, USA, Europe and Asia, and
supplies technology solutions and services to industry leaders in each market
vertical.

 

www.seeingmachines.com (http://www.seeingmachines.com)

 

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