- Release Date: 29/03/16 08:47
- Summary: OFFICE: IKE: Executive team changes at IKE
- Price Sensitive: No
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IKE 29/03/2016 08:47 OFFICE NOT PRICE SENSITIVE REL: 0847 HRS ikeGPS Group Limited (NS) OFFICE: IKE: Executive team changes at IKE For Immediate Release March 29, 2016 Executive team changes at IKE ikeGPS (IKE) today announced two executive team changes due to the continuing evolution of its business in key vertical and geographic markets. The company is moving to a business unit structure, with business unit leaders responsible for the revenue and growth of specific vertical markets, and as a result it has disestablished the cross-market role of SVP Sales. Consequently, Brian Soliday will be leaving ikeGPS. A second change is the departure of New Zealand-based chief financial officer, Gael Hargreaves, at the end of April. A New Zealand-based financial controller has been appointed and the company is in a process to appoint a US-based chief financial officer, reflecting the U.S.-centric nature of the company's operations including its stated focus on the U.S. capital markets through FY17. "We continue to shape our organisation structure and executive team to reflect the growth of our business. This has a sharp focus on delivering to customers in three distinct vertical markets - electric utilities, government, and new markets such as signage, insurance & construction," said Glenn Milnes, Chief Executive Officer, ikeGPS. "Brian has done a strong job as SVP Sales, where he was responsible for cross-market sales, contributing positively to our growth. However we have continued to build a high calibre leadership team, including leaders with deep industry experience relevant to our target markets, and believe we are well positioned to address these significant and unserved opportunities." Milnes added, "On the finance side this change reflects our increasing focus on strategic initiatives in the U.S. market. Gael has been an outstanding contributor to ikeGPS and is moving to a new role in another New Zealand growth company. We wish her all the best in her endeavours." ENDS Contact ikeGPS, Inc. Glenn Milnes, CEO +1 720-418-1936 [email protected] End CA:00279902 For:IKE Type:OFFICE Time:2016-03-29 08:47:53
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