- Release Date: 30/07/15 08:30
- Summary: OFFICE: GTK: CEO Succession
- Price Sensitive: No
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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
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