30 May 2019 07:00
For immediate release | 30 May 2019 |
Frontier Smart Technologies Group Ltd
('Frontier' or the 'Group')
Formal Chairman Appointment
Frontier (AIM: FST), a pioneer in technologies for Digital Radio and Smart IoT devices, announces that existing Senior Independent Non-Executive Director, Sir Hossein Yassaie, has transitioned to and been formally appointed as Chairman of the Group's Board.
Sir Hossein Yassaie is a recognised figure on the world technology stage with directorships and strategic advisory roles in several innovative technology companies. As CEO of Imagination Technologies Group plc until 2016, Sir Hossein has a long association with Frontier, having been a co-founder and a Director of the Group when Imagination Technologies was a shareholder in the business. After an absence of several years, he re-joined the Board in March 2018 as an independent Non-Executive Director.
In the 14 months since his return to the Board Sir Hossein has increasingly been performing the role of acting Chairman and his technology expertise, market knowledge and industry relationships, coupled with his extensive PLC experience and stewardship, have provided significant benefit to the Group.
Anthony Sethill, CEO of Frontier Smart Technologies, said:
"I am very pleased that Sir Hossein has accepted the Board's invitation to formally take on the role of Chairman. Since his return to the Board last year, it has been evident that his understanding of our business, our markets and the broader shifts in technology as well as his extensive PLC experience mean that he is uniquely qualified to take on this responsibility. I look forward to working closely with him as we navigate the path forward for the Company."
- Ends -
For Further Enquiries:
Frontier Smart Technologies Group Limited | +44 (0) 20 7391 0630 |
Anthony Sethill, Chief Executive Officer | |
Jonathan Apps, Chief Financial Officer | |
Patrick Hannon, Vice President, Corporate Development | |
N+1 Singer (Nominated Adviser and Broker) | +44 (0) 20 7496 3000 |
Lauren Kettle / Ben Farrow |
About Frontier Smart Technologies Group Limited
Frontier Smart Technologies is a pioneer in technologies for Digital Radio and Smart IoT devices. The Group's customers include many leading consumer audio brands: Bose, Denon, harman/kardon, JBL, Onkyo, Panasonic, Sony, Yamaha, Altec Lansing, Blaupunkt, Grundig, Hama, Klipsch, Marshall, Pioneer, Pure, Roberts, TechniSat, Teufel and many more. Established in 2001, the Group is headquartered in London, with engineering, sales and operations teams in Cambridge, Timisoara (Romania), Hong Kong and Shenzhen. For more information, see frontiersmart.com.