Rosslyn Data Technologies Appoints New Non-Executive Director

Why we think this is neutral

This appears to be a routine regulatory announcement regarding a board change, with no material financial impact on the company. The appointment of an experienced Non-Executive Director with relevant expertise is a positive, but there are no other significant developments reported.

Key Points

Appointment of Dr John Chessher as Independent Non-Executive Director
Ginny Warr stepping down as Non-Executive Director
John Chessher to chair Audit and Remuneration Committees

Summary

The software company has appointed a new Non-Executive Director to its board, replacing an outgoing director.

Rosslyn Data Technologies plc (RDT) has announced the appointment of Dr John Chessher as an Independent Non-Executive Director, effective immediately. He will replace Ginny Warr, who is stepping down from the board due to increased commitments in her executive role. John Chessher has 30 years' investment industry experience and has held CEO and director-level positions at leading asset management and investment banking firms. The company states that John will act as Chair of the Audit and Remuneration Committees.

GENERAL UPDATE