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Maestrano Group Plc

Maestrano Group PLC Appoint Andrew Pearson Chief Executive Officer and Managing Director

Maestrano Group PLC (LON: MNO), the open cloud business integration platform with cross-app data synchronization, today announced the appointment of Andrew Pearson as Chief Executive Officer and Managing Director.

Stephane Ibos is stepping down as CEO, as the Company is transitioning to an execution phase that will be focused on UK and North American markets, better served from a UK base. Andrew Pearson joined as Deputy CEO in September and the board agrees is the ideal candidate for the role, with direct experience in achieving rapid scale for a Software as a Service company in the US and other markets.

Stephane will continue to serve as a Non-executive member of the Board of Directors.

Stephane Ibos commented:

“We feel that is the right time to make this important change, as the Company evolves from a start-up to a fast-scaling commercial enterprise. I am proud of the success Maestrano has achieved to date and I am very confident that Andrew will deliver on our potential, for the benefit of all stakeholders.”

Andrew Pearson, CEO of Maestrano, commented:

“I am honoured to be appointed CEO and to lead the company through the next stage of its development and commercial success. I would like to thank Stephane for his support to date and going forward, as the team takes on new challenges and fulfils our promise.”

Ian Buddery, Chairman of the Board, said:

“Andrew joined the Company in September 2018 and has exceeded our expectations in bringing his global execution experience to bear, as we delivered complex and time-critical projects. The Board feels that as CEO, he can build on his proven record and ensure our long-term success in the cloud software market.

I would like to recognise Stephane for not only his enormous contribution as founding CEO, but also his commitment to the best interests of all stakeholders in the business. Andrew’s appointment was not only unanimously supported by the board, but also had the full and enthusiastic support of Stephane and Arnaud Lachaume, the Company’s founders.”