archTIS announces changes to its Board of Directors and the establishment of an Advisory Group
archTIS Limited (ASX:AR9) is pleased to announce that, as part of ongoing business optimisation following the recent successful capital raising the company is streamlining its Board and management arrangements.
Specifically, and effective from 1 August, the company is:
* Reducing the number of directors from six to three, with the streamlined Board comprising Dr Miles Jakeman AM, Ms Leanne Graham and CEO Mr Daniel Lai;
*Freeing up Mr Bruce Talbot, a founder and former executive director, to focus solely on technology enhancements in support of new growth opportunities within the business;
* Establishing a strengthened strategic advisory capability through the formation of an Advisory Group to be led by former Board Chair and non-executive director, Mr Stephen Smith; and,
* Appointing former non-executive director Mr Wayne Zekulich, together with retired Brigadier Alison Creagh AM CSC and Mr Jeremy Waine, a corporate finance and M&A specialist, to join Mr Smith as members of the Advisory Group.