– UK, Southampton – Universe (AIM: UNG.L), a leading developer and supplier of point of sale, payment and on-line loyalty systems, is pleased to announce the promotion of Baljit (“Billy”) Tank to the Board as an Executive Director, responsible for Group Sales and Marketing, with immediate effect.
Mr Tank, aged 47, joined the Group in June 2013 with the acquisition of Indigo Retail Holdings Limited (“Indigo”), which he founded and led for eight years. He has extensive senior level experience of the technology sector, in particular the retail software sector, both in product and business development. After joining Universe, he was responsible for the smooth integration of Indigo within the Group’s major operating subsidiary, HTEC Limited and has been responsible for sales and marketing activities.
Robert Goddard, Chairman of Universe, said: “I am delighted to welcome Billy to the Board of Universe. He provides further invaluable insight to our chosen markets and is an excellent addition to the top team as we continue to develop the business.”
Jeremy Lewis, Chief Executive Officer of Universe, commented: “Since joining the Group in 2013, Billy has become an important member of the team, leading the successful integration of Indigo, a business that he founded and led. He has also played a major part in the ongoing development of HTEC. I am very pleased that he is now joining the Board.”
About Universe Group plc
Universe provides some of the world’s leading retailers with point of sale, payment and loyalty solutions. The Group’s solutions are based on its own proprietary software and are offered out of the Cloud on a software as a service model with its data centres processing in excess of 3 billion transactions every year.
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