The Board of zamano Plc today announced that Ross Conlon has tendered his resignation as Chief Executive Officer and director of the Company with effect from 9 May 2016 to pursue other interests. Ross has agreed to facilitate a smooth handover
Colin Tucker, acting Chairman of the Company, commented: “Ross joined zamano in 2007 as part of the Red Circle acquisition and has been a key member of the executive team since then having held a number of senior roles prior to his appointment as CEO in January 2014. During his period as CEO, the Company has seen a period of strong revenue, profit and cash generation and has begun searching for growth investment opportunities. On behalf of the board of directors of the Company, I would like to thank Ross for his strong contribution and wish him the best for his future career”.
The board will immediately commence a process for the appointment of a new CEO of the Company.
Trading Update
Since announcing its preliminary results for 2015 on 10 March 2016, zamano has continued the positive performance in revenue and profit achieved in year ended 31 December 2015. As previously announced to the market, the Company will continue to focus on its core activities whilst exploring acquisition or partnership opportunities with a view to diversifying and improving its product footprint.