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Robert.Jervis_43227 Jun 01

Xpediator rings the changes

Has announced the following Board updates
Non-Executive Interim Chairman
Xpediator announce the appointment of Gillian Wilmot as independent Non-Executive Interim Chairman commencing today.
Gillian is an experienced chairman and non-executive director following an executive career as a Marketing Director then CEO. Gillian brings a wealth of experience across B2B, digital technology and digital transformation in traditional industries.  Gillian's skillset brings particular strength in value creation, operational insight and corporate governance. She was recognised for governance excellence in the 2014 Sunday Times Non-Executive Director Awards. Current directorships include Chairman of ZOO Digital Group plc and Jisp, a B2B and B2C solutions business.
Rob Riddleston will step down as Non-Executive Interim Chairman but will remain as an independent Non-Executive Director providing continuity for the Board.

Interim Chief Executive Officer
Xpediator announce the appointment of Michael ("Mike") Stone as Interim Chief Executive Officer commencing today, for an initial six-month term, capable of further extension by agreement.
The Company also announces that Wim Pauwels has stepped down from the Board of Xpediator, having joined in November 2019 as a Non-Executive Director and serving as Interim CEO since November 2021.
Mike is a highly experienced executive within the international logistics industry with over 35 years' experience working with logistics companies both domestically and internationally. Currently serving as Non-Executive Director of Bpost SA (Belgium Post Group), the publicly listed postal service for Belgium, Mike has also served as Managing Director for Quadient's (formerly called Neopost) UK operations, Chief Operating Officer of DX Group, and prior to that, in senior European and global management positions with DHL including Managing Director of Operations for DHL Express Europe.
The Board of Xpediator currently consists of the following members:
-     Gillian Wilmot, independent Non-Executive Interim Chairman
-     Mike Stone, Interim Chief Executive Officer
-     Richard Myson, Chief Financial Officer
-     Rob Riddleston, independent Non-Executive Director
-     Charles McGurin, independent Non-Executive Director
Gillian Wilmot, Non-Executive Interim Chairman of Xpediator, commented:
"I am looking forward to working with the Board and the whole team at Xpediator to restore value for shareholders. There is significant change already underway with a highly experienced CEO and CFO. All aspects of the business will be reviewed, a plan agreed and then executed. The results of the review will be shared with shareholders in due course."

Mike Stone, Interim CEO of Xpediator, commented:
"Joining Xpediator at this time is an exciting opportunity and I very much look forward to contributing to the leadership of the Company."

Rob Riddleston, Non-Executive Director, commented:
"I am delighted to welcome Gillian to the Board and I see this as a major step forward as she brings significant experience and energy to the Board. I am equally as happy to welcome Mike as our new CEO and I am confident he will add value to our business. In addition, the arrival today of Richard Myson as CFO will help to strengthen our Board and the Xpediator management team. I would like to add my personal gratitude and thanks to Wim Pauwels who has served on the Board as a NED since 2019 and for last six months as Interim CEO."