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Spenda Limited ( (AU:SPX) ) has provided an announcement.
Spenda Limited announced the resignation of its Managing Director and CEO, Mr. Adrian Floate, due to personal health reasons. The company has appointed COO Corrie Hassan as interim CEO and CCO Francis DeSouza as Executive Director to ensure continuity of leadership. The executive team remains committed to maintaining operations and strategic initiatives without disruption. The board expressed gratitude for Mr. Floate’s decade-long leadership and achievements, including steering the company through significant milestones such as the global pandemic and achieving record revenue. The transition aims to sustain the company’s growth trajectory and operational stability.
More about Spenda Limited
Spenda Limited is an innovative software company that provides embedded electronic payment solutions for supply chains and trading networks. The company focuses on delivering a SaaS product suite, including SwiftStatement, Carpet Court SOE, and credit-based supply chain lending via APG Pay, which are central to its growth strategy.
Technical Sentiment Signal: Sell
Current Market Cap: A$32.31M
See more insights into SPX stock on TipRanks’ Stock Analysis page.