Source - RNS
RNS Number : 8540L
WANdisco Plc
06 October 2016
 

6 October 2016

 

WANdisco plc

("WANdisco" or the "Company")

 

Directorate Changes

 

Paul Walker, Ian Duncan

 

The Board of WANdisco (LSE: WAND) today announces that Paul Walker, Chairman, and Ian Duncan, non-executive director, have stepped down from the Board with immediate effect. 

 

Paul Walker and Ian Duncan commented:

 

"As independent non-executive directors, we had not considered David the right person to lead the Company going forwards. Since the announcement of 29 September 2016 regarding David Richards stepping down from the Board, we have been informed that approximately 58% of the Company's shareholders support David's reinstatement as CEO. Accordingly, we have decided to resign from the Board with immediate effect. 

 

We remain confident that the Company has a unique product portfolio that will be of great value to the leading companies in the big data and cloud market. We wish WANdisco all the best for the future."

 

 

Erik E. Miller

 

Separately, the Board also announces that Erik E. Miller, CFO, has resigned from the Board with immediate effect.

 

 

 

 

For further information please contact:





FTI Consulting

+44 (0)203 727 1000

Matt Dixon / Dwight Burden / Rob Mindell




Investec (Joint Broker and NOMAD)

+44 (0)207 597 4000

Christopher Baird / Dominic Emery




UBS (Joint Broker)

Rahul Luthra / Sandip Dhillon

+44 (0)207 567 8000

 

 

About WANdisco plc

 

WANdisco (LSE: WAND) is a provider of enterprise-ready, non-stop software solutions that enable globally distributed organizations to meet today's data challenges of secure storage, scalability and continuous availability. WANdisco's products are differentiated by the company's patented, active data replication technology, serving crucial continuous availability requirements, including Hadoop Big Data and Application Lifecycle Management (ALM), including Apache Subversion and Git. Fortune Global 1000 companies, including Juniper Networks, Motorola, Intel and Halliburton, rely on WANdisco for performance, reliability, security and availability. For additional information, please visit www.wandisco.com.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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