30 July 2021
FD Technologies plc
("FD Technologies" or the "Group")
Directorate Change
FD Technologies (AIM: FDP.L, Euronext Growth: FDP.I) announces that Steve Fisher, Non-Executive Director, has submitted his resignation and will step down from the Board at the end of January 2022. This follows his appointment in a full-time senior executive role at Salesforce.com, where Mr Fisher previously worked. Consequently he will be unable to devote the required time to his role at FD Technologies. A search for a replacement Non-Executive Director has been initiated and a further update will be provided in due course.
Steve Fisher commented: "I have been hugely impressed by the FD Technologies assets and delighted to play a part in developing the strategy to drive adoption of the Group's technology, particularly the KX Insights roadmap. I continue to see significant opportunities for KX to underpin the data management and analysis infrastructure that businesses require to extract full value from their data. While my new role at Salesforce requires me to step down from the FD Technologies Board, I believe the Group is on the right path to commercialising its technology advantage."
Donna Troy, Chairman, commented: "Steve has made an important contribution to our strategy and while we understand his reason for leaving, we will miss his insight. A search is under way for an additional Non-Executive Director with enterprise technology development expertise as we capitalise on the growing market opportunities for KX."
Enquiries
For further information please contact:
FD Technologies plc Seamus Keating, Chief Executive Officer Ryan Preston, Chief Financial Officer Ian Mitchell, Head of Investor Relations |
+44(0)28 3025 2242 |
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Investec Bank plc (Nominated Adviser and Broker) Andrew Pinder Carlton Nelson Virginia Bull |
+44 (0)20 7597 5970 |
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Goodbody (Euronext Growth Adviser and Broker) David Kearney Don Harrington Finbarr Griffin
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+353 1 667 0420 |
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FTI Consulting (PR Adviser) |
+44 (0) 20 3727 1000 |
Matt Dixon |
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Dwight Burden |
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About FD Technologies
FD Technologies is a group of data-driven businesses that unlock the value of insight, hindsight and foresight to drive organisations forward. The Group comprises KX, the leading technology for real-time continuous intelligence; First Derivative, a provider of technology-led services in capital markets; and MRP, the only enterprise-class, predictive Accounts Based Marketing solution. FD Technologies operates from 15 offices across Europe, North America and Asia Pacific, and employs more than 2,500 people worldwide.
For further information, please visit www.fdtechnologies.com and www.kx.com