Norwood Systems Ltd (AU:NOR) has released an update.
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Norwood Systems has announced strategic governance changes to drive its growth in 2025, including the appointment of Dr. John Tarrant as Chair of the Board, while CEO Paul Ostergaard focuses on sealing crucial contracts. The formation of a Commercial Subcommittee aims to accelerate sales, shape product innovation, and scale partnerships, positioning the company to capitalize on AI-driven market opportunities. These moves are expected to bolster oversight and operational scalability, ultimately enhancing shareholder value.
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