- Future First Technologies (FFT) appoints Adrian Rudman as CEO following the resignation of Keith Falconer, effective May 2
- Mr Falconer’s resignation follows the Board’s strategic decision to accelerate the growth of the Asset Vision business
- He says that the focus on accelerating growth of the Asset Vision business means the business “needs specific industry experience and skills and the timing is right for me to step down”
- Mr Rudman will be paid $300,000 excluding superannuation as part of his remuneration package plus short term incentives
- FFT shares are up 7.5 per cent, trading at 4.3 cents
Future First Technologies (FFT) has appointed Adrian Rudman as CEO following the resignation of Keith Falconer, effective May 2.
Mr Falconer’s resignation followed the Board’s strategic decision to accelerate the growth of the Asset Vision business, however, he will be retained by FFT for a short period of time to assist in the divestment of Farmbuy.com.
The outgoing CEO said that the focus on accelerating growth of the Asset Vision business means the business “needs specific industry experience and skills and the timing is right for me to step down” which he believes Mr Rudman has.
Chairperson Renata Sguario echoes Mr Falconer, saying that “[he] is a growth-focused, go-to-market specialist with more than 30 years experience in the software industry”.
“Adrian’s disciplined approach to sustainable growth is based on delivering excellent customer outcomes.”
“His experience at ASX success story Objective Corporation (OCL), where he held a
variety of executive roles including Vice President of a business line responsible for revenue growth, will help us accelerate the growth of Asset Vision.”
Mr Rudman will be paid $300,000 excluding superannuation as part of his remuneration package plus short term incentives.
He will also be getting five million shares in FFT, 25 million unlisted options at five cents with a two-year expiry date and 25 million unlisted options at 10 cents with a three-year expiry date.
FFT shares were up 7.5 per cent, trading at 4.3 cents at market close.