The Market Online - At The Bell

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

  • Automotive solutions provider Connexion Telematics (CXZ) has finally confirmed Aaryn Nania as the company’s new Managing Director and CEO
  • Aaryn has been acting in the role since August last year following the departure of previous CEO and Managing Director Guy Perkins
  • Before taking on the role, Aaryn held directorships at numerous ASX-listed and unlisted companies and also co-founded one of Connexion’s key financiers
  • Alongside Aaryn’s appointment, Connexion has tapped Greg Ross and Simon Scalzo as Independent Non-Executive Directors of the company
  • Connexion Telematics (CXZ) is up 14.29 per cent and trading at 1.6 cents per share

Automotive solutions provider Connexion Telematics (CXZ) has finally confirmed Aaryn Nania as the company’s new Managing Director and CEO.

Aaryn has been acting in the role since August of last year, following the departure of previous CEO and Managing Director Guy Perkins. Perkins only held the role for a year, and his unexpected exit triggered what the company called “a period of detailed review”.

Before taking on the role, Aaryn held directorships at numerous ASX-listed and unlisted companies and also co-founded one of Connexion’s key financiers.

Alongside Aaryn’s appointment, Connexion has also tapped Greg Ross and Simon Scalzo as Independent Non-Executive Directors of the company.

Greg currently acts as an investor and advisor in the connected car sector and is Connected Car Practice Lead at industry mainstay motormindz.

Notably, Greg previously racked up 31 years at automotive multinational General Motors, spearheading a multi-million-dollar global portfolio of strategic alliances for GM’s Connected Car business.

Meanwhile, Simon holds a series of directorships and advisory roles both in Australia and overseas, including with U.S.-based digital automotive dealership Carsfast.com.

Chairman Robert Downey, who stepped into his role back in October, commented on the new appointments.

“The appointment of Greg, Simon and Aaryn as Managing Director provides the Company with the management and leadership the Company needs to execute on our exciting development plans. Together with our dedicated and hardworking employees, we look forward to delivering on our dynamic development strategy,” he said.

Connexion Telematics (CXZ) is up 14.29 per cent and trading at 1.6 cents per share at 12:31 pm AEDT.

CXZ by the numbers
More From The Market Online
Bye bye

One month after launching a restructure, Playside’s co-founder walks out the door

Playside Studios (ASX:PLY) has confirmed its co-founder Gerry Sakkas has quit the company as Creative Director,…
XL Axiata headquarters in Indonesia

Major Indonesian telco now promoting SportsHero’s ‘family game pass.’ Can it get out of illiquidity?

ASX-listed gaming player SportsHero has officially 'launched' its Family Game Pass (or "Family Room") product in…
Battering ram

WiseTech’s White creates new 10-year role for himself paying $1M a year

Scandal-haunted Wisetech has notched a +0.6% bump in shares with its news Richard White isn't going…
Robot hand reaching out to a person

Pro Medicus inks R&D agreement with UCSF for Visage AI Accelerator

Pro Medicus Ltd has entered a multiyear collaboration with UCSF for research and development for the…