Big Technologies plc (AIM: BIG), a prominent provider of electronic monitoring solutions, revealed today that Alexander Brennan has stepped down as Independent Non-Executive Chair, effective immediately.
Sangita Shah will assume the role on an interim basis.
Brennan’s departure comes after leading the board through a tumultuous period, including internal investigations related to the removal of Sara Murray as CEO.
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He is said to have stated it was in the best interests of shareholders for a new, independent director to lead the company in resolving the ongoing litigation against Murray and associated parties.
Sangita Shah, the Interim Chair, expressed gratitude for Brennan’s service, praising his integrity and adherence to high governance standards during a challenging time. The board awaits confirmation from Sara Murray regarding their offer of mediation, aiming to facilitate constructive settlement discussions.
“This has been a difficult time for the Company, and we are grateful to Alexander for his consistent dedication and professionalism. We wish him all the best for his future endeavours,” stated Shah.
“The Board await confirmation that our offer of mediation will be accepted by Sara Murray to enable the Company to progress to constructive settlement discussions.”
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