2 April 2025
Nexteq plc
("Nexteq" or the "Company")
Appointment of new Non-Executive Chair
Nexteq PLC, a leading technology solutions provider to customers in selected industrial markets, today announces that, following an extensive selection process, Carol Thompson, currently independent Non-Executive Director, has been appointed as Non-Executive Chair with immediate effect.
Carol has been a member of the Board since September 2022, serving as Audit and Risk Committee Chair and as a member of the Remuneration Committee.
Interim Chair, Nick Jarmany, will remain on the Board of Nexteq PLC in the capacity of Non- Executive Deputy Chair, and will act as a mentor to the technology leadership in the business. The Board will immediately commence the process for recruiting an additional Independent Non-Executive Director.
| Nexteq PLC Duncan Faithfull, Chief Executive Officer Matt Staight, Chief Financial Officer |
Telephone: +44 (0)20 3597 6800 |
| Nominated Adviser and Broker: Cavendish Capital Markets Ltd Matt Goode / Edward Whiley (Corporate Finance) Tim Redfern / Harriet Ward (ECM)
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Telephone: +44 (0) 20 7220 0500
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| Financial PR: Alma Strategic Communications Hilary Buchanan / Emma Thompson |
Telephone: +44 (0)20 3405 0205 |
About Nexteq
Nexteq (AIM: NXQ) is a strategic technology solutions provider to customers in selected industrial markets. Its innovative technology enables the manufacturers of global electronic equipment to outsource the design, development and supply of non-core aspects of their product offering. By outsourcing elements of their technology stack to Nexteq, customers can focus their product development effort on the most critical drivers of their business' success.
Our solutions are delivered through a global sales team and leverage the Group's electronic hardware, software, display and mechanical engineering expertise. Our Taiwan operation is at the heart of Asian supply networks and facilitates cost effective manufacturing and strategic supply chain management.
The Group operates in six countries and services over 500 customers across 47 countries.
Nexteq operates two distinct brands: Quixant, a specialised computer platforms provider, and Densitron, leaders in human machine interface technology, each with dedicated sales, account management and product innovation teams. Founded in 2005, and later floating on the London Stock Exchange's AIM stock market as Quixant plc, the Group rebranded to Nexteq in 2023.
Further information on Nexteq and its divisions can be found at www.nexteqplc.com.
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