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EQTEC plc Strategizes COO Transition for Growth

EQTEC plc Strategizes COO Transition for Growth

EQTEC plc (GB:EQT) has released an update.

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EQTEC plc announces the upcoming resignation of their Group COO, Jeffrey Vander Linden, as part of a strategic move to align operations with their business strategy, focusing on becoming a technology innovator and licensor. The company is in advanced discussions with a Spain-based professional to take over the COO role, streamlining decision-making with its Barcelona-based Engineering team. This transition follows EQTEC’s strategic shift completed in 2023 from a capital-heavy development company to a capital-light technology licensor.

For further insights into GB:EQT stock, check out TipRanks’ Stock Analysis page.

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