Source: Appen
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Appen (ASX:APX) appoints Ryan Kolln as its new CEO and Managing Director
  • Mr Kolln brings an extensive understanding of Appen’s business and the AI industry to the role
  • His journey within Appen saw him take on the role of COO in 2023, where he oversaw global operations and strategy
  • Mr Kolln will be based in North America
  • APX shares are down 1.79 per cent, trading at 27.5 cents at 1:51 pm AEDT

Appen (ASX:APX) has announced the immediate appointment of Ryan Kolln as its new CEO and Managing Director, succeeding Armughan Ahmad, who has stepped down.

Bringing 20 years of experience in global technology and telecommunications, Mr Kolln is well-versed in Appen’s business and the AI industry.

Appen Chair Richard Freudenstein expressed the Board’s enthusiasm for Mr Kolln’s appointment.

“He has a deep understanding of Appen’s history, a strong technical understanding of the AI market, and a proven strategy background,” he said.

“This unique combination is ideal to guide Appen through its next phase and navigate the evolving generative AI market.”

Mr Kolln joined Appen AI in 2018 as VP of Corporate Development, playing a pivotal role in strategic acquisitions and contributed to the establishment of the China and Federal divisions.

His journey within Appen saw him take on the role of Chief Operating Officer in 2023, where he oversaw global operations and strategy.

Mr Kolln will continue to be based in North America.

APX shares were down 1.79 per cent, trading at 27.5 cents at 1:51 pm AEDT.

APX by the numbers
More From The Market Online
A rubbish truck dumping landfill

‘Meaningful step towards our target’: Cleanaway JV opens door to monetising landfill gas

Cleanaway Waste Management has entered a joint venture with LMS Energy Pty Ltd to enable landfill…
Close up of gold nuggets

Leeuwin snaffles Marda Gold Project, aims to go after high-grade prospects

Leeuwin Metals has signed a binding share sale agreement to take on the Marda Gold Project…
The words "Market Open" appear stacked atop one another next to ASX company iconography.

ASX Market Open: Local bourse to stay red after Thursday’s brutal $50B wipe out | Dec 20, 2024

The ASX 200 is expected to follow up its bloody Thursday nosedive with another drop; futures are tipping the Aussie bourse to open
Nuclear energy concept

Regulator approves Paladin’s acquisition of TSX-listed Fission Uranium

Paladin Energy (ASX:PDN) has seen its shares defy a red Thursday and jump slightly on news…