– UK, Manchester / USA, OH – Kalibrate Technologies plc (AIM: KLBT), a provider of proprietary software-based products and services to the global petroleum retail industry, is pleased to announce that Neville Davis will be joining the Board as an Independent Non-Executive Director and Chairman of the Audit Committee with immediate effect.
Neville is an experienced Non-Executive Director with a strong track record in general management and finance in the technology sector. He is currently Chairman of three Private Equity backed companies.
He was CEO of Compel Group plc, a London Stock Exchange quoted IT Solutions business, for many years. During this period Compel achieved significant revenue and profit growth and made a number of successful acquisitions and disposals prior to its sale in 2007. Neville qualified as a Chartered Accountant with PwC (then Deloitte, Haskins and Sells) in London in 1979.
Commenting on the appointment, Bob Stein, Chief Executive Officer of Kalibrate, said: “When Kalibrate joined the AIM market in November 2013, we announced our intention to appoint a further Non-Executive Director and I am delighted to welcome Neville to the Board. His experience will be of great value to Kalibrate and we are confident that he will make a significant contribution to the Group’s future growth.”
About Kalibrate Technologies plc
Kalibrate is the only global provider of both pricing and retail planning solutions to petroleum retailers worldwide. Based on its proprietary software and underpinned by an extensive library of petroleum market data, Kalibrate’s products enable clients to devise new market entry strategies, plan and optimally invest in existing petroleum retail networks, and generate optimal petroleum product prices on a real-time and fully automated basis.
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