Nektan chief executive Lucy Buckley has resigned from the AIM-listed gaming technology provider with immediate effect.
Buckley is leaving the business after less than one year in the role, but will remain available to the board for a period of time to enable a smooth transition to new leadership.
The company has instigated a review of its leadership structure as a result of Buckley’s departure, with Nektan founder and executive director Gary Shaw assuming the role of interim CEO, in addition to his responsibilities for international expansion.
“As part of the recent restructuring of the business, now is the right moment for me to step away from the role of CEO,” Buckely said. “The business has a solid foundation of proprietary technology and a fast-growing B2B business that will help it capitalise on the many global opportunities ahead.”
Commenting on Buckley’s departure, Shaw said: “On behalf of the board, I would like to thank Lucy for her stewardship during a period of industry change and challenges in the UK market. The company remains confident that its sales pipeline has the scope to drive significant revenue growth in both the B2C and B2B divisions.”
Shares in Nektan plc. (AIM:NKTN) were unchanged in London early Wednesday morning at 9.25 pence per share, less than 9 per cent off their 52-week low of 8.50 pence per share set on August 9th.