Nexteq PLC Appoints Carol Thompson as Non-Executive Chair

Quixant ( (GB:NXQ) ) has provided an update.

Nexteq PLC has appointed Carol Thompson as the new Non-Executive Chair, following an extensive selection process. Thompson, who has been on the board since September 2022, will take over from Interim Chair Nick Jarmany, who will remain as Non-Executive Deputy Chair. This leadership change is part of Nexteq’s strategic efforts to strengthen its board and enhance its market position, with plans to recruit an additional Independent Non-Executive Director.

More about Quixant

Nexteq PLC is a strategic technology solutions provider catering to selected industrial markets. The company specializes in enabling manufacturers of global electronic equipment to outsource non-core aspects of their product offerings, allowing them to focus on critical business drivers. With operations in six countries and serving over 500 customers across 47 countries, Nexteq operates under two distinct brands: Quixant, which provides specialized computer platforms, and Densitron, leaders in human-machine interface technology.

YTD Price Performance: 0.79%

Average Trading Volume: 85,151

Technical Sentiment Signal: Buy

Current Market Cap: £38.93M

Learn more about NXQ stock on TipRanks’ Stock Analysis page.