Board changes, appointment of Chief Financial Officer

05.02.18 Gresham

Gresham Technologies plc (LSE: “GHT”, “Gresham” or the “Group”), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, announces the appointment of Tom Mullan as Executive Director and Chief Financial Officer.

Tom Mullan will join the Group on 1 March 2018. His appointment to the Board will be effective from the date of release of Gresham’s final results, expected 13 March 2018. Rob Grubb will continue in his role as Executive Director and Chief Financial Officer until such time, whereupon he will step down from the Board and remain with the Group until 31 March 2018 to complete the CFO transition plan.

For the last two years, Tom Mullan has been CFO at Fadata Group, a private equity backed provider of software solutions to insurers around the world. Before Fadata, he spent nearly eight years leading the EMEA finance and internal operations functions at Guidewire Software. He supported the business during its growth from five to 350 EMEA employees across 20 countries and led the region during the NYSE IPO of the US parent. In his early career, he spent seven years at Ernst & Young where he was ACCA trained and qualified and progressed into management working in the UK, US and Australia, specialising in the provision of audit and assurance services to mid-market companies.

Ken Archer, Chairman, commented:

“We welcome Tom to the Board and look forward to working with him as we continue the successful development of the company. He brings with him strong commercial finance and operations experience, gained in high-growth financial technology enterprises, and joins our highly respected management team at an exciting time for the Group.

On behalf of all our shareholders, I’d like to thank Rob Grubb for his outstanding contribution to the Group over the last 9 years. We wish him the very best as he takes a well-deserved career break.”

Tom Mullan commented:

“I’m delighted to be joining the business to help build on the Clareti success story of recent years. Gresham has transformed into one of the UK’s most exciting financial technology growth companies and I’m looking forward to working with the team.”

Regulatory disclosures

Thomas Oliver Mullan, aged 34, is not currently and has not at any time in the previous five years been a director of any other publicly quoted company. There is no further information required to be disclosed pursuant to Listing Rule 9.6.13 R in relation to Mr. Mullan. 

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