Kainos Group plc Board Change (4599G)
24 July 2019 - 4:01PM
UK Regulatory
TIDMKNOS
RNS Number : 4599G
Kainos Group plc
24 July 2019
24 July 2019
Kainos Group plc
("Kainos" or the "Company")
Kainos Board Change
Dr John Lillywhite has informed the Board of his intention to
retire as Chairman and Director of Kainos Group plc at the
conclusion of this year's Annual General Meeting on 26 September
2019 and will therefore not be standing for re-election as a
Director.
John was instrumental in the creation of Kainos in 1986, a joint
venture between ICL (now Fujitsu) and Queen's University Belfast.
He was appointed Chairman in 1998, leading the company to IPO in
July 2015 and has continued to serve as Chairman of Kainos as a
public company since that time.
Commenting on today's announcement, Brendan Mooney, Kainos CEO
said:
"Having worked closely with John over the past 20 years, I have
seen first-hand the skills and experience that John has brought to
his role as Chairman - both as a private company, and over the last
four years as a public company. That skill is reflected in the
growth of Kainos and the strong performance across the financial
and people-based metrics of our business. As a company we are
incredibly grateful for the leadership that he has demonstrated and
the support that he has provided to Kainos and to the people that
have worked closely with him."
John Lillywhite commented:
"It has been a great pleasure for me to be involved with Kainos
since the very start, when it was just an idea, and to see it grow
into the significant business that it is today. Throughout that
period of time the company has been successful by delivering on our
commitments - to our people, to our customers and to our
shareholders. I continue to be excited by the future prospects for
Kainos and I look forward to seeing the company achieve that
potential in the years ahead."
The Board has initiated a search for John's successor.
Ends
For further information, please contact:
Kainos via FTI Consulting
LLP
Brendan Mooney, Chief Executive Officer
Richard McCann, Chief Financial Officer
Investec Bank plc
Patrick Robb / Sebastian Lawrence +44 20 7597 5970
Canaccord Genuity +44 20 7523 4606
Simon Bridges / Emma Gabriel
FTI Consulting LLP +44 20 3727 1000
Matt Dixon / Harry Staight
About Kainos
Kainos Group plc is a UK-headquartered provider of Digital
Services and Digital Platforms.
The Group's Digital Services include full lifecycle development
and support of customised Digital Services for government and
commercial customers. Kainos is also the leading boutique partner
for Workday, Inc. ('Workday') in Europe, responsible for
implementing Workday's innovative Software-as-a-Service (SaaS)
platform for enterprise customers.
The Group's Digital Platforms comprise specialised digital
products in the mobile healthcare and automated testing arenas.
Smart is an automated testing platform for Workday customers;
Evolve Electronic Medical Records (EMR) is the market-leading
product for the digitisation of patient notes in the Acute sector
of the NHS.
Kainos has over 1,470 people across 12 offices in Europe and the
USA, working interchangeably across its Services and Platforms
divisions.
Kainos is listed on the London Stock Exchange (LSE: KNOS). For
further information, please visit www.kainos.com
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END
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