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Cluey Ltd ( (AU:CLU) ) has issued an announcement.
Cluey Ltd has announced a series of board and executive changes, with long‑serving non‑executive director Ian Young AO retiring at the end of March 2026 after guiding the company through its IPO and subsequent growth. The board has expressed gratitude for his contribution and will lodge the required director interest notice following his departure in line with ASX requirements.
On the executive side, Joint CEO Trevor McDougall will step down and leave the company at the end of May 2026 after a transition period, leaving fellow Joint CEO Matteo Trinca to become sole CEO from June without any change to his contract terms. Deputy Chairman Mark Rohald will move into a full‑time operational role as Director of Education & Quality from March with increased base pay, and the board has indicated it does not expect these leadership changes to alter Cluey’s operations or strategic direction.
The most recent analyst rating on (AU:CLU) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Cluey Ltd stock, see the AU:CLU Stock Forecast page.
More about Cluey Ltd
Cluey Ltd is an ASX‑listed education technology company that blends education and technology to deliver curriculum‑aligned academic support to students in Australia and New Zealand. It also offers co‑curricular online programs, holiday camps and after‑school activities in Australia and the United Kingdom through its Code Camp subsidiary, and is headquartered in Sydney with an experienced education‑focused management team.
Average Trading Volume: 94,880
Technical Sentiment Signal: Sell
Current Market Cap: A$20.95M
For detailed information about CLU stock, go to TipRanks’ Stock Analysis page.