WANdisco Plc Appointment of Interim Chair (7900T)

TIDMWAND

RNS Number : 7900T

WANdisco Plc

22 March 2023

22 March 2023

WANdisco plc

("WANdisco" or the "Company")

Appointment of Interim Chair

WANdisco (LSE: WAND), the data activation platform, announces its intention to appoint Kenneth ("Ken") Lever as Interim Non-Executive Chair of the Board of Directors (the "Board") and to Chair the Investigation Committee supporting the investigation currently being undertaken by FRP Advisory, announced on 10 March 2023. As Chair, Ken will provide leadership and direction to the Board and oversee the strategic direction and corporate governance of the Company. The Investigation Committee comprises the Chair and two Non-Executive Directors: Peter Lees, Senior Independent Non-Executive Director and Karl Monaghan, Chairman of the Audit Committee.

Ken is an experienced business leader, having held a number of senior executive and non-executive positions within UK-listed firms. He is currently Non-Executive Director at Vertu Motors plc and Rockwood Strategic plc, as well as Deputy Chairman of Rainier Developments Limited. Ken has recently stepped down as Non-Executive Chairman of Biffa plc and RPS Group plc. Ken was also a Non-Executive director at Blue Prism plc, an intelligent automation software business, where he was Chair of the Audit Committee. In his executive career, Ken was latterly Chief Executive Officer of technology, business services and insurance software business Xchanging plc. Ken is a member of the Advisory Board of the Alliance Manchester Business School and has served on the UK Accounting Standards Committee of the Financial Reporting Council.

The appointment is subject to completion of customary due diligence and the Company will make further announcements, as appropriate.

For further information, please contact:

 
 
   WANdisco plc                          via FTI Consulting 
 David Richards, Chief Executive 
  Officer 
 Erik Miller, Chief Financial Officer    [phone] 
  Kam Bansil, Investor Relations          1901 
 
                                           [phone] 
   FTI Consulting                          1137 
 Matt Dixon / Rob Mindell / Kwaku 
  Aning 
 
                                           [phone] 
   Stifel (Nomad and Joint Broker)         7600 
 Fred Walsh / Richard Short / Tom 
  Marsh 
 
   Liberum (Joint Broker) 
                                           [phone] 
   Max Jones / Kate Bannatyne              2000 
 

About WANdisco

WANdisco is the data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new

services, and transform businesses. For more information about WANdisco, visit    www.wandisco.com 

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March 22, 2023 03:00 ET (07:00 GMT)