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Catenae Innovation Chair Sanders Resigns For Personal Reasons

Thu, 18th Jul 2019 13:08

(Alliance News) - Catenae Innovation PLC said Thursday Chair & Chief Executive Officer Tony Sanders had resigned for personal reasons, with Business Development Director Guy Meyer stepping up to the interim boss role.

Sanders has been CEO since June 2018, during which time Catenae said he had "guided

the company through significant changes and developments, including the company's move into Blockchain technology."

Unfortunately, due to unspecified "personal circumstances" Sanders now felt "unable to commit" and chair and boss of Catenae. The firm emphasised he would "maintain some ongoing involvement with the day to day business going forward, assisting in the promotion of the OnSuite product set and Blockchain products."

In his place, Business Development Director Guy Meyer will become interim CEO and Non-Executive Director Kevin Everett will become interim chair.

In addition, Catenae hired Anthony Flynn as non-executive director of the software maker with immediate effect.

Shares in Catenae were untraded at 0.050 pence in London on Thursday.

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