TIDMFDP
RNS Number : 9794H
First Derivatives PLC
09 December 2020
9 December 2020
First Derivatives plc
("FD" or the "Group")
Directorate Change
FD (AIM: FDP.L, Euronext Growth: FDP.I) announces that Graham
Ferguson has informed the Group of his intention to step down as
Chief Financial Officer and from the Board on 1 January 2021. Ryan
Preston, the Group's Deputy Chief Financial Officer, will be
appointed Chief Financial Officer and join the Board on that date.
Graham will continue as a full-time employee until 30 June 2021 to
ensure a successful transition and to assist with a number of
initiatives related to the Group's growth strategy.
Graham joined the Board in his current role in 2008 and has
played a central role in the development of the business since. He
is leaving to devote more time to his other interests including
providing consulting services to Northern Ireland-based SMEs to
assist their development.
Ryan was formerly Chief Financial Officer of Independent News
& Media plc and at OVO Energy Retail, having spent the early
part of his career in senior finance roles at Tesco, including
Group Finance Director, Europe. He was appointed Deputy Chief
Financial Officer at FD in January 2020.
Graham Ferguson commented: "I've seen FD grow from a business in
Newry with great ambition, to business-leading innovation in
streaming analytics at a global scale. This development is a
testimony to the quality of the people I have had the pleasure to
work with over with the years and it has been wonderful to be part
of this journey. In Ryan, I believe that the Group has a CFO who
will be a valuable addition to the FD team and assist in delivering
the next phase of growth."
Seamus Keating, CEO of FD, commented: "Graham has been a pivotal
part of FD's leadership team for more than a decade and has
contributed enormously to the Group's growth. He leaves with our
thanks and with FD in a strong position. We are pleased to appoint
Ryan Preston as CFO with effect from 1 January 2021, confident that
he can build on the strong start he has made since joining the
Group earlier this year."
Enquiries
For further information please contact:
First Derivatives plc +44(0)28 3025 2242
Seamus Keating, Chief Executive Officer www.firstderivatives.com
Graham Ferguson, Chief Financial Officer
Ian Mitchell, Head of Investor Relations
Investec Bank plc (Nominated Adviser and Broker)
Andrew Pinder
Carlton Nelson
Sebastian Lawrence +44 (0)20 7597 5970
Goodbody (Euronext Growth Adviser and Broker)
David Kearney
Don Harrington
Finbarr Griffin +353 1 667 0420
FTI Consulting
Matt Dixon
Dwight Burden
Darius Alexander +44 (0)20 3727 1000
Michael Ryan Preston (47) has held the following directorships
or partnerships in the past five years:
Abbey Communications (Netherlands) B.V. TBC
Adfront Limited
Argus Newspapers Limited
Champion Printing Limited
Champion Publications Unlimited Company
Digital Odyssey Limited
Drogheda Independent Company Limited
Grabone (Ireland) Limited
Independent Abbey (Ireland) Unlimited Company
Independent Communications (International) Limited
Independent Communications (Ireland) Limited
Independent News & Media (Finance) Limited
Independent News & Media (UK) Limited
Independent News & Media Belgium
Independent News & Media Holdings (Ireland) Limited
Independent News & Media Investments Limited
Independent News and Media Limited
Independent Newspapers (Ireland) Limited
Independent Newspapers Finance PLC
Independent Newspapers Management Services Unlimited Company
Independent Newspapers Marketing Limited
Independent Star Limited
INM Regionals Limited
INM Securities (Ireland) Limited
Internet Interaction Limited
Newspread Limited
Sunday Newspapers Limited
The Kerryman, Limited
The Board confirms that no further disclosures are required
pursuant to Schedule 2, paragraph (g) of the AIM Rules for
Companies and Schedule 2, paragraph (g) of Chapter 5: Additional
Rules for the Euronext Growth Market operated by Euronext Dublin in
respect of the appointment of Ryan Preston to the Board of FD.
About FD
FD is a global technology provider with more than 20 years of
experience working with some of the world's largest finance,
technology, automotive, manufacturing and energy institutions. The
Group's Kx technology, incorporating the kdb+ time-series database,
is a leader in high-performance, in-memory computing, streaming
analytics and operational intelligence. Kx delivers the best
possible performance and flexibility for high-volume,
data-intensive analytics and applications across multiple
industries. FD operates from 15 offices across Europe, North
America and Asia Pacific, including its headquarters in Newry, and
employs more than 2,400 people worldwide.
For further information, please visit www.firstderivatives.com
and www.kx.com
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