Board of directors set to change with Fuse8 AIM listing
Should Fuse8’s proposed AIM listing on the London Stock Exchange go through on July 20, it has been revealed that Stella Panu, partner in Maven Capital Partners will become non-executive chairman, and that Leo Knifton will leave the board.
The Leeds-headquarted digital agency is set to float on the stock exchange from 20 July in a reverse takeover of Award International Holdings, set to raise it £5 million in shares, it is believed, to begin an acquisition drive.
Panu, partner in Maven Capital Partners UK, will take a seat on the board as non-executive chairman, while Leo Knifton has agreed to resign from the board.
Other changes once the company floats will be that managing director Nigel Hunter will become chief executive, while Mark Walton will take on the role of executive chairman.
Non-executive chairman Jeremy Middleton will become non-executive director, joined by former Media Square colleague Graeme Burns in a similar role. Andy Hutchison meanwhile will become client services director.