CentralNic Group plc (LON: CNIC) the global internet platform that derives revenue from the subscription sales of domain names and web services, announced today the appointment of Iain McDonald, currently a Non-Executive Director of CentralNic, as its Non-Executive Chairman with immediate effect. At the same time Mike Turner will step down from his role as Non-Executive Chairman but will remain on the CentralNic board as a Non-Executive Director.
Iain, has been a board member of CentralNic since 2015. He is the founder of Belerion Capital, an investor and investment advisor in technology and e-commerce companies. Iain is also a non-executive director of The Hut Group and Boohoo.com.
Ben Crawford, CEO of CentralNic Group, commented:
“We are happy that Iain is stepping up from Non-Executive Director to Non-Executive Chairman of CentralNic. His in-depth understanding of the technology and e-commerce sectors, the businesses within them and their value will be instrumental to us as we seek further expansion, both organic and through acquisition. At the same time, we are delighted to retain the skills and experience of Mike Turner on our board “