Tracsis Regulatory News (TRCS)

27 July 2023

Tracsis plc

("Tracsis" or "the Group")

Directorate Change

Tracsis, a leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, this morning announces that Jill Easterbrook will be appointed Non-Executive Chair of the Board from 1 September 2023.

Jill will succeed Chris Cole, Non-Executive Chair of the Group since 2014, as part of the Board succession planning given Chris has now completed his third three-year term. During his nine-year tenure, Chris has made a significant contribution to the business, overseeing a period of substantial growth.

Incoming Chair, Jill Easterbrook, who joined Tracsis as a Non-Executive Director in October 2022 and is currently Chair of the Remuneration Committee, is an experienced Chair, Board member and Executive. Jill is Non-Executive Chair of Headland Consultancy and is a Non-Executive Director on the boards of FTSE 100 companies Auto Trader Group plc and Ashtead Group plc, as well as international household brands company UP Global Sourcing Holdings plc.

Tracsis is in the process of recruiting a new Non-Executive Director who will replace Jill as Chair of the Remuneration Committee.

Chris Cole, outgoing Non-Executive Chair of Tracsis, commented: "I am proud to have played a role in steering the Group through a period of substantial positive change and sustained growth. I have full confidence in the Board under Jill's stewardship and, look forward to watching its continued progress."

Chris Barnes, Chief Executive of Tracsis, commented: "On behalf of the Board and everyone at Tracsis, I would like to thank Chris for his huge contribution to Tracsis' success and growth over so many years. I look forward to working with Jill who brings a wealth of experience and is a great fit with the organisation."

Jill Easterbrook, incoming Non-Executive Chair of Tracsis, commented: "Tracsis has an excellent reputation in the industry and a clear and proven strategy for expansion. I look forward to working with the Board and the rest of the leadership team to deliver ongoing growth."

Notes to editors: 

- Rail Technology & Services:  A software, technology and product led business. It develops and supplies software that solves complex resource, asset optimisation and control problems for Train Operators, and Smart Ticketing, Delay Repay and other retail software to improve the customer experience for rail users. It also develops remote condition monitoring hardware, data acquisition software, and safety and risk management software for rail infrastructure providers.

- Data, Analytics, Consultancy & Events: A largely services led business that focuses on data capture, data analytics, GIS, earth observation, data insights, consultancy and event traffic management within a range of transport and pedestrian rich environments. The business provides technology and bespoke products and data that underpin large scale intelligent transport systems, smart city planning and positive environmental decision making.