7 November 2024
itim Group
plc
("itim"
or "the Company" and together with its subsidiaries "the
Group")
Board
Changes
itim Group plc, a SaaS based
technology company that enables store-based retailers to
optimise their businesses to improve financial performance,
announces the appointment of Dennis Layton as Non-Executive
Director of the Board, with immediate effect.
Dennis is a highly accomplished
senior advisor and executive, with extensive experience in
management consulting and organisational transformation. He
currently serves as a Senior Advisor at McKinsey & Company in
London working in a diverse range of sectors. Dennis
previously led the Organisation Practice in the UK & Ireland at
McKinsey and pioneered diversity and human capital
strategies.
Previously, Dennis was a Partner at
Oliver Wyman, where he led agile organisational transformations for
major financial, media, and telecommunications companies. His
earlier tenure at EY saw him as Deputy Global Leader of People
Advisory Services, driving significant growth and strategic
initiatives. Dennis also founded and served as CEO of Ikon
Exchange, a platform enabling fractional ownership of fine art held
by museums.
Ali
Athar, CEO, said: "We are
delighted to welcome Dennis, whose expertise in management
consulting and organisational transformation will be invaluable as
we continue to optimise retail performance and drive growth. His
impressive track record, spanning roles at top consulting firms
like McKinsey, Oliver Wyman, and EY, demonstrates his ability to
navigate complex challenges and deliver significant business
impact. His knowledge of agile transformation and human capital
strategies aligns perfectly with our mission to empower store-based
retailers to achieve financial success."
Additional information
The following information is being
disclosed pursuant to Rule 17 and paragraph (g) of Schedule 2 of
the AIM Rules for Companies.
Dennis Claude Layton, aged 57, does
not own any shares in the Company nor any rights to subscribe to
any shares in the Company.
A list of Dennis' current
directorships and partnerships together with those held within the
last five years is set out below:
|
Current appointments
|
Appointments within previous 5 years:
|
|
Jermyn Street Partners
|
Ikon Exchange Limited
|
|
Lokbowicz Collections
O.P.S.
|
|
Save as set out above there are no
further disclosures required pursuant to Rule 17 or Schedule Two,
paragraph (g) of the AIM Rules for Companies.
Enquiries:
|
Itim Group plc
|
Ali Athar, CEO
Ian Hayes CFO
|
0207 598
7700
|
|
Zeus (NOMAD & Broker)
|
Katy Mitchell
Harry Ansell
Darshan Patel
|
0203 829
5000
|
|
IFC
Advisory
|
Graham Herring
Florence Chandler
|
0207 3934
6630
|
This announcement contains
inside information for the purposes of Article 7 of the UK version
of Regulation (EU) No 596/2014 which is part of UK law by virtue of
the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon
the publication of this announcement via a Regulatory Information
Service, this inside information is now considered to be in the
public domain.
ABOUT ITIM
itim was established in 1993 by its
founder, and current Chief Executive Officer, Ali Athar. itim was
initially formed as a consulting business, helping retailers effect
operational improvement. From 1999 the Company began to expand into
the provision of proprietary software solutions and by 2004 the
Company was focused exclusively on digital technology. itim has
grown both organically and through a series of acquisitions of
small, legacy retail software systems and associated applications
which itim has redeveloped to create a fully integrated end to end
Omni-channel platform.