10 Jun 2016 07:01
10 June 2016
WANdisco plc
("WANdisco" or "the Company")
Director Change
Sheffield, UK - WANdisco (LSE: WAND), announces that Paul Harrison has informed the Board of his intention to leave the Company. Paul has been approached to become Chief Financial Officer of a group that does not compete with WANdisco and, after careful consideration, he has agreed to accept this new role.
It is anticipated that Paul will leave WANdisco at the end of September.
The Company has commenced a search process to recruit a new CFO and a further announcement regarding this will be made as and when appropriate.
Paul Walker, Non-executive Chairman of WANdisco, said:
"The Board would like to thank Paul for his contribution to WANdisco over the last three years. Paul joined us in 2013 and, since that time, has worked hard to establish financial disciplines that can support WANdisco as we scale and grow. He leaves us with increased financial strength and we all wish him well for his future career."
Paul Harrison commented:
"I came to WANdisco three years ago, keen to play my part in helping David and the team scale to match the opportunity open to us. I am proud of the team we have built and the disciplines we have introduced during those three years. I am confident that I leave the Company well positioned for continued success."
Inquiries
WANdisco plc | via FTI Consulting LLP |
David Richards, Chief Executive Officer Phil Branston, VP Corporate Development & Investor Relations | |
FTI Consulting | +44 (0)203 727 1000 |
Matt Dixon / Dwight Burden / Rob Mindell | |
Investec (Joint Broker and NOMAD) | +44 (0)207 597 4000 |
Christopher Baird / Dominic Emery | |
UBS (Joint Broker) Rahul Luthra / Sandip Dhillon | +44 (0)207 567 8000 |
About WANdisco plc
WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability. WANdisco's products are differentiated by the company's patented, active data replication technology, serving crucial continuous availability requirements, including Hadoop Big Data and Application Lifecycle Management (ALM), including Apache Subversion and Git. Fortune Global 1000 companies, including Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.