GTK
30/07/2015 08:30
OFFICE
PRICE SENSITIVE
REL: 0830 HRS Gentrack Group Limited
OFFICE: GTK: CEO Succession
The Board of Gentrack Group Limited (NZX/ASX: GTK) announces that James
Docking has signalled his intention to step down as CEO in 2016 in order to
enable a new leader to take the company onto the next stage of growth. The
Board will commence an international search for a new CEO and James has
agreed to remain in the role until an effective handover is made, after which
it is envisaged that he will remain involved in the business in a capacity to
be agreed.
James said, "Having reassessed the medium term executive needs of the
expanding business, and my own personal circumstances, I have made the
difficult decision to step back from the CEO role next year and assist with
the transition of a new leader to take the business through its next stage of
growth."
Chairman, John Clifford said, "James has been with Gentrack for over 20 years
and as CEO since 2005, successfully taking the business into the Australian
and UK utility markets and through the IPO in 2014. He will remain as CEO
until we have secured a new leader with the skills required for the next
phase in the evolution of the company."
ENDS
Contact details regarding this announcement:
John Clifford - Chairman
James Docking - CEO
+64 9 966 6090
About Gentrack
Auckland-based Gentrack is a developer of specialist software for energy
utilities, water companies and airports around the world. It employs 200
people in offices in Auckland, Melbourne, Brisbane and London and services
utility and airport sites across four continents.
Gentrack is comprised of two leading software products - Gentrack Velocity
and Airport 20/20. Gentrack Velocity is a specialist billing and CRM product
designed for energy utilities and water companies in competitive and
regulated utilities markets. Airport 20/20 is a comprehensive Airport
Operational System engineered to optimise an airport's operations through
intelligent collaboration, streamlining airport information flows and
transforming the passenger experience.
End CA:00267659 For:GTK Type:OFFICE Time:2015-07-30 08:30:08
