- Flexiroam (FRX) has announced several changes to the company’s board and leadership
- Effective immediately, the mobile data provider has appointed Non-Executive Director Marc Barnett as its CEO and executive director
- The shift will see FRX Founder Jef Ong, who currently occupies these positions, appointed as chief information officer and executive director
- Thirdly, the shake-up will see current executive director Tat Seng Koh transition to be a non-executive director of the company
- Moving forward, Mr Koh will no longer be a Flexiroam employee and will instead receive a monthly $5000 director’s fee
- FRX Founder Jef Ong says the shuffle will support future growth
- Flexiroam shares have climbed 4.88 per cent to trade at 4.3 cents each
Mobile data provider Flexiroam (FRX) has announced several changes to the company’s board and leadership.
Headquartered in Malaysia, the company provides connectivity in more than 100 countries worldwide.
Effective immediately, FRX has appointed Non-Executive Director Marc Barnett as its CEO and executive director.
The shift will see Jef Ong, who currently occupies these positions, appointed to the newly created role of chief information officer and executive director.
Thirdly, the shake-up will see current executive director Tat Seng Koh become a non-executive director of the company.
Koh will relinquish his Flexiroam employee status to instead receive a monthly director’s fee of $5000 moving forward.
FRX Founder and Managing Director Jef Ong commented on the leadership shuffle.
“Since joining the Flexiroam Board in February, Marc has added substantial value through his insights into, and experience with, rapidly scaling businesses, ” Jef said.
“The board has appointed Marc to the role of chief executive officer to lead the company through its next phase of growth and I am confident that our team will deliver significant results,” he added.
Incoming CEO Marc Barnett said he is exited to drive Flexiroam into new markets, capitalising on what he calls an expanding need for global connectivity.
“The team has done an amazing job to stabilise the business following the impact of COVID-19 on travel-related businesses. The pivot into the broader “internet of things” space and a growing list of partnerships have Flexiroam set up to move into a period of substantial growth,” Marc commented.
Flexiroam announced several partnerships last month including a deal with Split and an expanded network agreement with Travala.com.
Off the back of the announcement, shares have climbed 4.88 per cent to trade at 4.3 cents at 1:03 pm AEST.