Jaywing plc (AIM: JWNG), the UK agency specialising in data science, is pleased to announce that it has appointed Andrew Fryatt as Chief Executive Officer with immediate effect. Andrew will report directly to the Board of the Company and it is expected that he will join the Board as soon as practicable. Ian Robinson’s role as Chairman will remain in a non-executive capacity.
Andrew Fryatt is an experienced CEO and Managing Director with significant experience in strategic planning with Boards and leading management teams in technology-based businesses operating in competitive and client-centric markets. Most recently he managed Zen Internet’s largest division and previous roles include Managing Director of Daisy Retail, the largest sales channel of Daisy Group Plc and Chief Executive Officer of Ideal Shopping Direct Plc.
Ian Robinson, Chairman, commented:
“The Board is pleased to welcome someone of Andrew’s experience to the Company, and we look forward to working with him as he begins the leadership role for the organisation.”
The Company also announces that Rob Shaw has stepped down as a Director and Chief Executive Officer with immediate effect. Ian Robinson, Chairman commented: “On behalf of the Board, I would like to thank Rob for his contribution to the board and Company over the last six years. We wish him all the best for the future.”
Following the recent announcement that Mike Sprot has stepped down as Director and Chief Financial Officer, the search for a new Chief Financial Officer will begin under the direction of Andrew Fryatt.
This announcement is released by Jaywing and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Group's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Group by Philip Hanson, Non-Executive Director.
Christopher Hughes (Finance Director / Company Secretary) Tel: 0333 370 6500
Cenkos Securities plc
Nicholas Wells / Callum Davidson (Nominated Adviser) Tel: 0207 397 8920