– UK, Leeds – Tracsis plc (LON: TRCS), a leading transport technology provider, today announced the appointment of Ross Paterson to its Board as a Non-Executive Director effective on 2nd April 2024.
“I look forward to welcoming Ross, who brings a wealth of experience and is a great fit with our business” said Board Chair, Jill Easterbrook.
The company also announced that Liz Richards will step down from the Board on 30th June 2024. Ross Paterson will succeed Liz as Chair of the Audit Committee at that date.
About Ross Paterson
Ross Paterson is a former CFO of Stagecoach Group and Non-Executive Director of Virgin Rail Group. He has extensive experience in managing finance & risk and delivering strategic growth in an international UK-listed business and has significant knowledge of the transport sector from his executive career with Stagecoach Group. He is currently a Non-Executive Director and Audit & Risk Committee Chair of the FTSE 100 company, The Unite Group plc. He is a member of the Institute of Chartered Accountants of Scotland.
About Tracsis
Tracsis plc is a technology company and a leading provider of software and hardware products, data capture, and data analytics/GIS services for the rail, traffic data, and wider transport industries.
Tracsis’ products and services are widely used to increase efficiency, reduce cost and risk, improve operational and asset performance, improve safety management and decision-making capabilities, and improve the overall end-user experience for clients and customers.
The Group is split into two principal operating areas built around detailed industry knowledge and expertise:
– Rail Technology & Services: A software, technology, and product-led business. It develops and supplies software that solves complex resource, asset optimization, and control problems for Train Operators, Smart Ticketing, Delay Repay, and other retail software to improve the customer experience for rail users. It also develops remote condition monitoring hardware, data acquisition software, and safety and risk management software for rail infrastructure providers.
– Data, Analytics, Consultancy & Events: A large services-led business that focuses on data capture, data analytics, GIS, earth observation, data insights, consultancy, and event traffic management within a range of transport and pedestrian-rich environments. The business provides technology and bespoke products and data that underpin large-scale intelligent transport systems, smart city planning, and positive environmental decision-making.
Tracsis has a blue-chip client base that includes all major UK transport-owning groups, Network Rail, Passenger, and Freight Train Operating Companies, the Department for Transport, TfL, multiple local authorities, major outdoor music and sporting event organisers, and a wide variety of large engineering and infrastructure companies. In North America, our clients include Class 1 rail freight companies, transit operators, shortline railroads, and several large rail-served ports and industrials.
The business drives growth both organically and through acquisition and has made seventeen acquisitions since 2008.
SOURCE: https://tracsis.com/
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