Resignation of Managing Director
Sydney, Nov 5, 2015 AEST (ABN Newswire) - Invigor Group Limited (
ASX:IVO) (Company) wishes to advise that Mr. Gary Munitz has resigned as Managing Director and, consequently, as a Director of the Company.
Executive Chairman Gary Cohen, who has assumed the role of CEO, stated: "Gary has made a significant contribution to the Company over the past two years following the acquisition of his Global Group. In particular, he has been responsible for the development of the Insights solutions and Shopping Ninja. The Company has reached a stage where we need to focus on sales and marketing these products. Gary leaves with our goodwill and we thank him for his contributions and service to the Company."
Board Changes
1. Mr. Anthony Sherlock has been appointed to the Board of the Company as an additional non-executive director. Mr. Sherlock has extensive experience acting as a director for technology companies. Mr. Sherlock is considered to be an independent director; and
2. Mr. Paul Salter and Mr. Vic Lorusso have resigned as directors of the Company.
The Company welcomes Mr. Sherlock to the Board and would like to thank Messrs Salter and Lorusso for their service to the Company.
About Invigor Group Ltd
Invigor Group (ASX:IVO) uses its complementary suite of big data products to source, aggregate, analyse and publish content for the benefit of businesses and consumers.
Today its interconnected data sets enable enterprise clients including retailers, brands, shopping centres and government bodies to identify and better understand competitors, consumers, markets and demographics while providing the consumer with the best value-for-money.
Using its current products and a pipeline of additional offerings Invigor will have the ability to provide an end-to-end solution spanning sales, product management, business intelligence, marketing, advertising, content creation and distribution, while monetising each step of the process.
| ||
|
