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CPT Global (ASX:CGO) plans board reshuffle

Technology
ASX:CGO      MCAP $2.890M
06 April 2021 16:30 (AEDT)

CPT Global (CGO) has finished planning its corporate reshuffle, which will come into effect from November 2021.

CPT Global is a specialist IT consulting services company with operations around the globe.

The current president of the U.S. and European operations, Luke Tuddenham, will take over as CEO of CPT from founder and Managing Director Gerry Tuddenham. Luke will continue to be based in the U.S., while Gerry Tuddenham will oversee the handover.

Luke Tuddenham will focus on increasing the company’s overall presence in North America and Australia, while overseeing expansion across Europe, Asia and Latin America.

He comes with a background in business information systems, working with PricewaterhouseCoopers, before joining CPT in 2005.

Gerry Tuddenham will remain as a director of the company, heading up a strategic pivot for the company with a new five-year plan to fund and develop a new suite of tools and software.

The company says this corporate reshuffle will enhance CPT’s globally acclaimed independent consulting services and aligns with its core purpose of helping clients solve their challenges in IT.

The company says it is currently enjoying its strongest profit results in its 21-year history.

CPT Global is in the grey, last trading at 42 cents at 3:05 pm AEST.

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