7 May 2024
Corero Network Security
plc
("Corero"
or the "Company")
Directorate Change and
Appointment of Chief Financial Officer
Corero Network Security plc (AIM:
CNS) (OTCQB: DDOSF), the specialists in distributed denial of
service ("DDoS") protection solutions, announces that Phil
Richards, Corero's Chief Financial Officer and Board Director has
notified the Board of his intention to resign to pursue an
opportunity in the iGaming sector. Phil will remain with the
business until the publication of the trading update for the six
months ended 30 June 2024 to ensure an orderly handover.
The Company is pleased to announce
that Chris Goulden will join Corero as Chief Financial Officer with
immediate effect.
Chris has over 15 years' experience
in finance and operational roles across international B2B service
environments. Chris spent 13 years at CBRE Global Workplace
Solutions, a US-listed global Facilities Management and Property
Services provider, in a number of senior finance roles. Prior to
CBRE, Chris spent 3 years supporting a number of divisions at BNP
Paribas. Chris trained at EY and is a fellow of the Association of
Chartered Certified Accountants and completed his MBA in
2018.
On joining Corero, Chris will not be
a director of the Company. Other than that set out below, there is
no further information required to be disclosed under Rule 17 and
Schedule Two, paragraph (g) of the AIM Rules.
Carl Herberger, Chief Executive Officer,
commented:
"I
am delighted to welcome Chris to Corero and look forward to working
with him as we continue to deliver and grow as a Company. His
experience will further strengthen the Company's skillset and I am
confident he will significantly contribute to our future
success.
"I
would like to take this opportunity to thank Phil for his
significant contribution and dedication to Corero. We wish him all
the best for the future in his new role."
Chris Goulden added:
"I
am delighted to be joining Corero and very much look forward to
working with the team to deliver the next phase of
growth."
Additional Information
Details in respect of Chris Goulden,
as required pursuant to Rule 17 and Schedule 2(g) of the AIM Rules
for Companies, are as set out below.
Christopher James Goulden, age 39,
is currently, or has been, a Director of the following companies
within the past five years:
Current Directorships
|
Previous Directorships
|
Nil
|
CBRE GWS A/S (Norway)
|
Enquiries:
Corero Network Security plc
|
Tel: +44(0)20 7390 0230
|
Carl Herberger, Chief Executive
Officer
|
|
Phil Richards, Chief Financial Officer
|
|
|
|
Canaccord Genuity Limited (Nominated Adviser and
Broker)
|
Tel: +44(0)20 7523 8000
|
Simon Bridges
/ Andrew Potts / Harry Rees
|
|
|
|
Vigo
Consulting
|
Tel: +44(0)20 7390 0230
|
Jeremy Garcia / Kendall
Hill
|
|
corero@vigoconsulting.com
|
|
About Corero Network Security
Corero Network Security is a leading
provider of DDoS protection solutions, specializing in automatic
detection and protection solutions with network visibility,
analytics, and reporting tools. Corero's technology protects
against external and internal DDoS threats in complex edge and
subscriber environments, ensuring internet service availability.
With operational centres in Marlborough, Massachusetts, USA, and
Edinburgh, UK, Corero is headquartered in London and listed on the
London Stock Exchange's AIM market (ticker: CNS) and the US OTCQB
market (OTCQB: DDOSF).
For more information,
visit www.corero.com,
and follow us on LinkedIn and X
(Twitter).