April 16, 2024 – London, UK –Crossword Cyber Security PlcCCS (AIM:CCS, “Crossword'', “the Company'' or “the Group''), a cybersecurity solutions company focused on cyber strategy and risk, today announced that Mary Dowd, Chief Financial Officer, will be joining the Company's Board of Directors. announced that he had decided to resign. .
Mary has made significant contributions to Crossword in the six years since joining us in May 2018. Mary successfully led her Crossword entry and subsequent growth into AIM in December 2018 and is now seeking to pursue executive opportunities externally. The Board of Directors has agreed that Mary will resign as Chief Financial Officer and Managing Director of the Company on June 30, 2024, following the finalization of the 2023 Annual Report and Accounts.
The Board of Directors has appointed Rose Clark to succeed Mary as Chief Financial Officer. Initially, the position will not be a director. Rose is an experienced CFO of companies with sales ranging from £15m to £500m. She has acquired 20 businesses in two years and grown revenues from £15 million to £75 million. Served as her CFO for the company. She also served as Interim Global CFO of Eleco plc, a technology business. Rose began her career with KPMG, where she qualified as a Chartered Accountant. She will join Crossword in May to ensure a smooth transition.
Rose Clark will join the Crossword Committee after a sufficient handover period with Mary Dowd, at which point further announcements will be made.
Tom Ilube, CEO of Crossword, said:“I would like to thank Mary for her significant contribution to Crossword over the past six years. During that time, she led our entry into AIM, helped us navigate the financial challenges of the pandemic, and executed multiple funding rounds. , three successful acquisitions.'' Mary laid the foundation for Crossword's path to profitability this year, and Mary leaves Crossword with hopes of rapid growth in the years to come.
“Rose is highly regarded as a CFO and leader. Beyond her financial qualifications, her experience in a rapidly expanding business will be especially valuable as Crossword enters an expansion phase towards profitability.” We look forward to welcoming her to Crossword next month.”
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The information contained in this announcement is deemed to constitute inside information within the meaning of the current EU law version of the Market Abuse Regulation (EU) No. 596/2014 (“UK MAR”), which is part of UK law . European Union (Withdrawal) Act 2018. The information will be disclosed in accordance with our obligations under section 17 of the UK MAR. Upon publication of this announcement, this inside information will be deemed to have entered the public domain.
contact address
crossword cyber security plc– Phone: +44 (0) 333 090 2587
Email:info@crosswordcybersecurity.com
Tom Irube, Chief Executive Officer
Mary Dowd, Chief Financial Officer
Grant Thornton (appointed advisor)– Phone: +44 (0) 20 7383 5100
Colin Aaronson / Jamie Barklem / Ciara Donnelly
Hybridan LLP (Broker)– Phone: +44 (0)203 764 2341
Claire Louise Noyce
For media inquiries, please contact:
Duncan Gurney, Ginger PR
duncan@gingerpr.co.uk– Phone: +44 (0)1932 485 300
About Crossword Cybersecurity plc
Crossword offers a variety of cyber security solutions to help businesses Understand and mitigate cybersecurity risks.this is, combination of people and technology, in the form of SaaS and software products, consulting, and managed services. The crossword focus areas are: Cybersecurity Strategy and Risk, Supply Chain Cyber, Threat Detection and Response;and digital identityAnd the aim is to build a portfolio of cyber security products and services with a recurring revenue model in these four areas. We work closely with universities in the UK and our products and services are often based on insights from academic research.in the area of Cybersecurity strategy and risksOur consulting services include cyber maturity assessments, industry certifications, and virtual chief information security officer (vCISO) management services.
crossword end to end supply chain cyberThe Standard Operating Model (SCC SOM) is supported by our best-selling SaaS platform, Rizikon Assurance, along with cost-effective cyber audits, security testing services, and fully managed services for supply chain cyber risk management. Threat detection and responseServices include Nightingale AI-based network monitoring, Trillion™ suite of threat intelligence products, Trillion Breach, Harvista, Arc, and incident response.crossword pieces digital identityis based on the World Wide Web Consortium W3C Verifiable Credentials standard, and our current solution, Identiproof, enables secure digital verification of individuals to prevent fraud.
Crossword serves medium and large customers including FTSE 100, FTSE 250 and S&P listed companies in a variety of sectors including defence, insurance, investment banking, retail banking, private equity, education, technology and manufacturing. The company has offices in the UK, Poland and Oman. Crosswords is traded on the London Stock Exchange's AIM market.
Access the crosswordhttps://www.crosswordcybersecurity.com/
