Parity Group PLC

23rd March 2017     

Parity Group plc ("Parity" or the "Group")

Director Changes

 

 

Parity announces changes to its Board further to the announcement of 6th October 2016 that Lord Freeman would be retiring from his role as Chairman of the Board.

 

The Group is pleased to announce that John Conoley (56) will be joining the Board as Group non-executive Chairman on 27th April 2017 at which point Lord Freeman will retire, following nine years of exceptional commitment to the Group. John Conoley brings over 30 years IT industry knowledge and significant executive and non-executive Board level experience of AIM listed technology software and services businesses. John’s current roles include NetDimensions, the talent management technology platform, where he is Non-Executive Director, and eServGlobal, the innovative mobile financial services plc, where he has served as both Non-Executive Director and is currently Executive Chairman. He previously served as CEO of London listed Psion PLC.

 

Alan Rommel, Chief Executive Officer, commented: "The Board would like to thank Lord Freeman for his strong support and guidance over the years, providing stability and continuity over the recent transition as the business returned to profitability. The Board is delighted that John Conoley has agreed to succeed him. John’s deep experience in the IT services market and strong focus on sales, marketing and change management will be a great asset as the company continues to develop our higher value services. I look forward to his guidance as we seek to achieve our long-term strategic objectives and build our brand as a leader in technology services."

 

John Conoley said: "As can be seen in the most recent results, the management team have moved the Company forward over the past year. I’m delighted to be joining the Board at this time to help them accelerate their transformation."

 

Enquiries:

 

Parity Group PLC

Alan Rommel CEO 

Roger Antony GFD                                                                                           020 8543 5353


MHP Communications

John Olsen    

Kelsey Traynor                                                                                                 020 3128 8100


Investec Bank PLC

Andrew Pinder

Patrick Robb

Dominic Emery                                                                                                020 7597 5970

 

 

John Conoley’s current and previous directorships in the last five years are:

Company name

Position

Date of appointment

Nerha Limited

Director

April 2007 – Present

Pictor Developments LLP

Partner

March 2005 – Present

Net Dimensions

Non-Executive Director

October 2016 – Present

Homesend

Non-Executive Director

June 2015 – Present

eServglobal UK Limited

Executive Chairman

April 2015 – Present

eServglobal UK Limited

Non-Executive Director

April 2013 – April 2015

Autologic Diagnostics Holdings Limited

Chief Executive Officer

September 2013 – January 2015

Psion PLC

Chief Executive Officer

April 2008 – October 2012

Outstep Ltd*

Non-Executive Director

August 2003 – June 2012

*In June 2012 Outstep Ltd was placed into creditors’ voluntary liquidation.

There are no further matters that require to be disclosed under AIM Rule 17 Schedule 2 (g) for John Conoley.