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LONDON - Crimson Tide plc (TIDE), known for its mpro5 process management application, disclosed today that Jacqueline Daniell will be stepping down from her role as Chair and Board director. Daniell has committed to continue her duties until the Annual General Meeting (AGM) scheduled for June 2025 or until a successor is appointed, whichever comes first.
Daniell’s departure marks the start of a transitional phase for the company as it seeks new leadership to helm its operations moving forward. The Board has initiated the process to identify a suitable replacement who will steer Crimson Tide through its forthcoming phase of development.
Senior Independent (LON:IOG) Director James Joyce acknowledged Daniell’s significant contributions, stating, "She has served as a non-executive director and stepped into the role of CEO, and following that, Chair when called upon." Joyce expressed gratitude on behalf of the company’s directors for her service and wished her well for the future.
Crimson Tide’s mpro5 app is a cornerstone of the company’s offerings, facilitating process management across various sectors. The forthcoming change in leadership is poised to be a pivotal moment for the company as it continues to innovate and serve its customer base.
The company’s announcement today is based on a press release statement and is now public information following regulatory guidelines. Crimson Tide has yet to announce any potential candidates or a definitive timeline for the appointment of a new Chair, beyond the reference to the upcoming AGM. As the search for Daniell’s replacement commences, stakeholders and investors will be watching closely to see how this transition will influence the company’s strategic direction and market position.
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