Catapult Group International Ltd

ASX:CAT

Catapult Group International Ltd

ASX:CAT
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$1.490 (+1.4%)
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#8
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51
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Forum Topics CAT CAT ASX Announcements

Pinned straw:
jcmleng
Added 7 months ago

Big tick for Will Lopes. Good for ongoing continuity, certainty and skin in the game.

Catapult Group International Ltd (ASX:CAT, ‘Catapult’ or the ‘Company’), the global leader in sports technology solutions for professional teams,is pleased to announce the appointment of Catapult Chief Executive Officer, Mr Will Lopes, as a member of the Board in addition to his role as CEO, effective today. 

"Since 2019, he has worked tirelessly to enhance Catapult's innovation pipeline, has executed the valuable SBG acquisition, and has accelerated the Company's transition to free cashflow without sacrificing growth. All shareholders should be very pleased with this appointment, and the signal it sends to the market about Will's ongoing commitment and belief in Catapult. We look forward to the continued success of the business under the strong leadership of Will and his executive team."
Strawman
7 months ago

And well deserved in my opinion @jcmleng. Will has been consistent in his strategy and approach since the get go. And, barring the distraction of covid, has pretty much delivered on what he said he would. Wouldn't have been easy given the mess he inherited, and with the founders on the board and watching over his shoulder.

Good to see no additional pay/shares with this appointment too.

19
GazD
7 months ago

And the market reaction was to drop the SP (by 10% at one point) …?

13
l1l1l1
7 months ago

It was up 10c on Friday due to one share being sold at 4.00,so I don’t think it really dropped 10% on Monday

8