Directorate Change

RNS Number : 0432Z

First Derivatives PLC

16 September 2020

 

16 September 2020

First Derivatives plc

("FD" or the "Group")

Directorate Change

FD (AIM: FDP.L, Euronext Growth: FDP.I) announces the appointment of Steve Fisher as a Non-Executive Director of the Group with effect from 15 September 2020.

Steve brings an extensive array of product development experience in technology and software ranging from telecoms to enterprise software and online transaction platforms. Steve was formerly Chief Technology Officer of eBay Inc. (NASDAQ: EBAY), where he led the core product and technology team responsible for eBay marketplace, eBay's Global Payments Business and its multi-channel marketing platform and operations team. Prior to that he spent 10 years at salesforce.com in software engineering and product management leadership roles, culminating in leading the technology team responsible for the development, quality, service delivery and operations of its Customer Relationship Management (CRM) and collaborations software and the force.com cloud platform.

Steve has also held senior technology development positions within telecoms and networking, including at Apple and AT&T Labs. His combination of enterprise technology development and leadership expertise in software platforms, software as a service and cloud is highly relevant to FD's growth strategy. In particular, Steve's expertise in the development and scaling of market-leading enterprise software will assist the expansion of the Kx streaming analytics platform into other industries adjacent to and outside of its capital markets heritage. He is a named inventor on 21 patents and holds a Bachelor of Science degree in Mathematical and Computational Science and a Master of Science degree in Computer Science, both from Stanford University.

Commenting on his appointment, Steve Fisher said: "As the pace of digital transformation across industries continues to accelerate, the capture and analysis of real-time data at scale to drive decisions has become a top priority for businesses. I see significant opportunities for Kx to underpin the data management and analysis infrastructure businesses require to extract the full value of their data. I am delighted to join the FD Board as a Non-Executive Director and look forward to contributing to the Group's success."

Donna Troy, Chairman of FD, commented: "Our Board comprises outstanding industry leaders across the technology and software space with the experience and skills to support our vision and high growth potential. Steve's technology development experience, gained at innovative, world-class companies, will enable him to make a significant contribution to our development. I am delighted to welcome him to the Board."

Steve Fisher (56) currently holds or has held the following directorships or partnerships in the past five years:

Current directorships   Previous directorships

Vonage Holdings Corp.    Safeguard Scientifics, Inc. 

Copart, Inc.

Steve Fisher was the Founder and Chief Executive Officer of NotifyMe Networks Inc. which went into administration and was dissolved in July 2005.

The Board confirms that no further disclosures are required pursuant to Schedule 2, paragraph (g) of the AIM Rules for Companies in respect of the appointment of Steve Fisher to the Board of FD.

Enquiries

For further information please contact:

First Derivatives plc Seamus Keating, Chief Executive Officer Graham Ferguson, Chief Financial Officer Ian Mitchell, Head of Investor Relations	[phone] www.firstderivatives.com
Investec Bank plc (Nominated Adviser and Broker) Andrew Pinder Carlton Nelson Sebastian Lawrence	[phone]
Goodbody (Euronext Growth Adviser and Broker) David Kearney Don Harrington Finbarr Griffin	[phone]
FTI Consulting Matt Dixon Dwight Burden Darius Alexander	[phone]

About FD

FD is a global technology provider with more than 20 years of experience working with some of the world's largest finance, technology, automotive, manufacturing and energy institutions. The Group's Kx technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. Kx delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide.

For further information, please visit www.firstderivatives.com and www.kx.com

 

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