itim Group plc (LON:ITIM), a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance, has announces the appointment of Colin Price as Non-Executive Chairman of the Board, with immediate effect. Mr. Price succeeds Michael Jackson, who is stepping down from his role as Non-Executive Chairman with immediate effect but will remain on the Board as a Non-Executive Director.
Colin Price brings a wealth of experience in consulting, operations, and academia to his new role. His extensive background includes:
| · | 15 years as a partner at McKinsey & Company, including seven years as the worldwide leader of McKinsey’s Organisation Practice |
| · | CEO of Heidrick Consulting |
| · | Chairman of Co-Company, a boutique consulting firm focused on organisation development |
| · | COO of Quintet Private Bank |
| · | Co-founder of Talos Capital, an investment vehicle focused on AI in financial services |
Mr. Price also holds academic positions as a Visiting Fellow at Said Business School, University of Oxford, and as a Visiting Professor at the Institute for Global Health Innovation, Imperial College. He is the author of several influential books on business performance and organisational development.
The Board would like to express its gratitude to Michael Jackson for his leadership as Non-Executive Chairman and looks forward to his continued contributions as a Non-Executive Director.
Ali Athar, itim Group CEO, said: “We are delighted to welcome Colin Price as our new Non-Executive Chairman. His exceptional track record in organisational transformation, coupled with his deep understanding of strategy and leadership, makes him an ideal fit for guiding itim through our next phase of growth. We look forward to benefiting from his insights and experience as we continue to strengthen our market position and drive innovation. We extend our sincere gratitude to Michael Jackson for his invaluable leadership as Chairman. We’re pleased that he will continue to contribute his expertise as a Non-Executive Director, ensuring a smooth transition and ongoing access to his wealth of knowledge.”
