CyanConnode Announces Directorate Change
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It is a general update on a directorate change, which does not have a significant impact on the company's financial performance or operations.
Key Points
- Björn Lindblom appointed as Non-Executive Chairman
- John Cronin to transition from Executive Chairman to Group CEO
Summary
The technology company has announced changes to its board, with the separation of the Chairman and CEO roles.
CyanConnode Holdings plc (AIM: CYAN), a global provider of IoT communication and smart metering solutions, has announced that Björn Lindblom, current independent Non-Executive Director, is to take up the role of Non-Executive Chairman, and that John Cronin will transition from Executive Chairman to Group Chief Executive Officer (CEO). These changes are effective immediately.
GENERAL UPDATE