Seeing Machines Limited (LON:SEE) said Ken Kroeger, currently its chairman and interim CEO, will become CEO on a permanent basis following the appointment of Jack Boyer as its chairman designate.
The AIM-listed advanced computer vision technology company said Boyer, who becomes a non-executive director of the company with immediate effect, will take over from Kroeger as chairman on 1 January 2019.
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The group said Boyer, who is based in the UK and holds US and UK citizenship, is a highly experienced non-executive director with significant expertise in the advanced materials and technology sectors.
It added that Boyer is currently a non-executive director at LSE main market-listed Mitie PLC (LON:MTO), and TT Electronics PLC (LON:TTG), a board member of the Sir Henry Royce Institute for Advanced Materials and Chairman of Academies Enterprise Trust.
Seeing Machines said he also previously founded and was CEO of several companies in the engineering, telecommunications and biotechnology sectors and prior to that, was an investment banker at Goldman Sachs and a strategy consultant at Bain & Co.
Ken Kroeger, commented: “I greatly look forward to working closely with Jack as we navigate the vast and exciting opportunities which lie ahead for the business."