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LONDON - Crimson Tide plc (TIDE), known for its mpro5 process management app, has announced significant changes to its executive board. The company stated that its founder, Barrie Whipp, is set to become the Interim Executive Chair, pending the completion of standard due diligence in accordance with AIM Rules.
In a series of shifts at the top, Phil Meyers has resigned as Chief Executive Officer and Board Director, effective immediately. Additionally, Pieter Hurter will relinquish his roles as Company Secretary and Chief Finance Officer after the upcoming Annual General Meeting in June 2025. Luke Jeffrey, another board director, has also stepped down with immediate effect but will maintain an altered role within the company.
Crimson Tide will provide further details following the confirmation of Whipp’s appointment after the necessary due diligence procedures are finalized.
Senior Independent (LON:IOG) Director James Joyce expressed gratitude for the contributions of both Meyers and Hurter, thanking them on behalf of the board for their service to the company.
These board changes come at a time when the company continues to focus on the development and deployment of its mpro5 app, which is designed to streamline process management for businesses.
The information in this article is based on a press release statement from Crimson Tide plc.
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