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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intechnology | LSE:ITO | London | Ordinary Share | GB0001388932 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0443X InTechnology PLC 11 June 2002 11 June 2002 InTechnology strengthens its Board InTechnology plc is pleased to announce the appointment of Charles Cameron to its Board as Chief Executive Officer. Peter Wilkinson, InTechnology's founder and current Chief Executive, will assume the role of Executive Chairman in order to concentrate on strategy. Mr Wilkinson will pass responsibility for implementing strategy and for the day-to-day running of InTechnology to Mr Cameron. This will allow Mr Wilkinson time to concentrate on the overall strategic direction of InTechnology and the technical opportunities available to it. Mr Cameron joins InTechnology from Goldman Sachs where he was an executive director in the investment banking division and where he has been the advisor many of Europe's largest companies. Prior to Goldman Sachs, Mr Cameron was a corporate finance director at Kleinwort Benson where he founded its technology advisory team. Mr Cameron has extensive experience in advising quoted technology companies and assisting with their growth both organically and via acquisition. This, combined with his thorough understanding of how service orientated companies should be managed, as well as how they are judged by investors, will be invaluable to the growth and development of InTechnology going forward. Lord Parkinson, InTechnology's current Chairman, will assume the title President and remain Chair of the Board and the Audit Committee. All appointments become effective on 1 July 2002. Commenting on the appointment, Peter Wilkinson, said: "Having reached a position where our Online Data Services division is now rapidly heading towards breakeven, complementing our already profitable Storage Solutions Services division, I need to spend more time developing and exploiting strategic opportunities for InTechnology. "I am pleased to welcome Charles, who has a wealth of experience in the technology sector and the City to drive the business on a day-to-day basis and to maximise the implementation of future strategies. We have known each other for some two years and both feel we have very strong complementary skills which will hugely benefit InTechnology and its shareholders." Charles Cameron added: "The pressure on corporate customers to be able to save data, store it securely and recover it continues to grow rapidly. In my time spent advising IT services companies throughout Europe, I have not seen one to match the depth of InTechnology's storage skills or come close to what it has achieved in providing online storage solutions to corporate customers. I believe that InTechnology has huge potential and I look forward to helping it grow in the future." Full name: Charles Robert MacMartin Cameron Age: 40 Current directorships: None Directorships held within the last 5 years: Kleinwort Benson Ltd British Morehead Scholarships Fund There are no further disclosures required to be made pursuant to paragraph 15 of the AIM Rules for companies. For further information: Richard Sunderland, Beattie Financial: 020 7398 3304 This information is provided by RNS The company news service from the London Stock Exchange
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