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Crossword Cybersecurity: Change of CFO


16 April 2024 – London, UK – Crossword Cybersecurity Plc (AIM:CCS, ‘Crossword’, ‘we’ or ‘the Group’) is a cybersecurity options firm targeted on cyber technique and danger. Today, Chief Financial Officer Mary Dowd introduced: She has determined to resign from our board of administrators.

Mary has made vital contributions to Crossword within the six years since becoming a member of us in May 2018. Mary efficiently led her Crossword entry and subsequent progress into AIM in December 2018 and is now looking for to pursue government alternatives externally. The Board of Directors has agreed that Mary will resign as Chief Financial Officer and Managing Director of the Company on June 30, 2024, following the finalization of the 2023 Annual Report and Accounts.

The Board of Directors has appointed Rose Clark to succeed Mary as Chief Financial Officer. Initially, the place won’t be a director. Rose is an skilled CFO of firms with gross sales starting from £15m to £500m. She has acquired 20 companies in two years and grown revenues from £15 million to £75 million. Served as her CFO for the corporate. She additionally served as Interim Global CFO of Eleco plc, a know-how enterprise. Rose started her profession with KPMG, the place she certified as a Chartered Accountant. She will be part of Crossword in May to make sure a clean transition.

Rose Clark will be part of the Crossword Committee after a enough handover interval with Mary Dowd, at which level additional bulletins shall be made.

Tom Ilube, CEO of Crossword, mentioned: “I wish to thank Mary for her vital contribution to Crossword over the previous six years, throughout which she guided our entry into AIM and helped the corporate navigate the monetary challenges of the pandemic. Mary has raised a number of funding rounds and made three profitable acquisitions, placing Crossword on a path to profitability this yr and poised for speedy progress within the coming years. Masu.

“Rose is very considered a CFO and chief. Beyond her monetary {qualifications}, her expertise in a quickly increasing enterprise shall be particularly useful as Crossword enters an growth part in the direction of profitability.” We sit up for welcoming her to Crossword subsequent month.”

– that is all –

The data contained on this announcement is deemed to represent inside data throughout the which means of the present EU regulation model of the Market Abuse Regulation (EU) No. 596/2014 (“UK MAR”), which is a part of UK regulation . European Union (Withdrawal) Act 2018. The data shall be disclosed in accordance with our obligations below part 17 of the UK MAR. Upon publication of this announcement, this inside data shall be deemed to have entered the general public area.

contact deal with

Crossword Cybersecurity plc- Phone: +44 (0) 333 090 2587

Email: data@crosswordcybersecurity.com

Tom Irube, Chief Executive Officer

Mary Dowd, Chief Financial Officer

Grant Thornton (appointed advisor) – Tel: +44 (0) 20 7383 5100

Colin Aaronson / Jamie Barklem / Ciara Donnelly

Hybridan LLP (Broker) – Phone: +44 (0)203 764 2341

Claire Louise Noyce

For media inquiries, please contact:

Duncan Gurney, Ginger PR

duncan@gingerpr.co.uk- Phone: +44 (0)1932 485 300

About Crossword Cybersecurity plc

Crossword presents a wide range of cyber safety options to assist companies perceive and cut back their cyber safety dangers. We obtain this by combining individuals and know-how within the type of SaaS and software program merchandise, consulting and managed companies. Crossword’s areas of focus are Cyber ​​Security Strategy and Risk, Supply Chain Cyber, Threat Detection and Response, and Digital Identity, and the intention is to develop cyber safety services in these 4 areas with a recurring income mannequin. is to construct a portfolio. We work carefully with universities within the UK and our services are sometimes based mostly on insights from educational analysis. Consulting companies within the space of ​​cybersecurity technique and danger embrace cyber maturity assessments, business certifications, and digital chief data safety officer (vCISO) managed companies.

Crossword’s end-to-end Supply Chain Cyber ​​Standard Operating Model (SCC SOM) is obtainable on our best-selling SaaS platform, together with cost-effective cyber audits, safety testing companies, and full managed companies for provide chain cyber danger administration. Supported by Rizikon Assurance. Threat detection and response companies embrace Nightingale AI-based community monitoring, Trillion™ suite of risk intelligence merchandise, Trillion Breach, Harvista, Arc, and incident response. Crossword’s work in digital id is predicated on the World Wide Web Consortium W3C Verifiable Credentials normal, and our present resolution, Identiproof, permits safe digital verification of people to stop fraud.

Crossword serves medium and enormous clients together with FTSE 100, FTSE 250 and S&P listed firms in a wide range of sectors together with defence, insurance coverage, funding banking, retail banking, personal fairness, schooling, know-how and manufacturing. The firm has places of work within the UK, Poland and Oman. Crosswords is traded on the London Stock Exchange’s AIM market.

Access the crossword at https://www.crosswordcybersecurity.com/.



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