Tern PLC (LON:TERN) has told investors its Internet of Things (IoT) subsidiary Device Authority has brought industry heavyweight George Samenuk onto its board as non-executive director.
Samenuk is the former chairman and chief executive of McAfee (NYSE:MFE) one of the largest – and most recognisable – names in the software security business.
He has also served on the boards of several other companies, including that of Symbol Technologies which was sold to Motorola in a US$3.9bn deal.
“We are delighted to have George join our board,” said Albert Sisto, chief executive of Tern and executive chairman of Device Authority.
“He has achieved extraordinary success in his career as both an industry executive and as a pioneer in the security industry.
“George's experience of building global businesses across both developed and emerging markets will be a tremendous asset as we build and expand our business.”
Shares were up 3% to 9.05p in early deals on Tuesday.