PriceSensitive

MOQ (ASX:MOQ) appoints Peter Ward as CEO

Technology
ASX:MOQ
12 October 2021 18:50 (AEST)
MOQ (ASX:MOQ) - Incoming CEO, Peter Ward

Source: Peter Ward/LinkedIn

Software company MOQ (MOQ) has appointed Peter Ward as Chief Executive Officer, effective November 8.

Mr Ward will be replacing Joe D’Addio who will be resigning but will continue on the board during the transition period and for the remainder of the financial year.

Chairman David Shein was pleased to have Mr Ward take on the CEO role.

“The board is delighted to welcome Peter into the Chief Executive role at MOQ. Peter has a clear understanding about the direction of MOQ combined with his previous experience growing and scaling businesses, I am confident in the decision to appoint him to this position,” Mr Shein said.

“The board and I would like to thank Joe for his contribution as CEO and look forward to his continued involvement as a Director with MOQ in the future.”

Before being appointed CEO of MOQ, Mr Ward was Chief Solutions Officer, a position in which he was responsible for the growth of the digital services business.

Prior to being acquired by MOQ, Mr Ward was Managing Director for WARDY IT Solutions where he grew the company to be Australia’s leading provider of Data Platform and Data Analytics services and solutions.

He has a track record of productising IT services into high-value recurring revenue streams.

Mr Ward commented on his new position.

“I am looking forward to the opportunity to lead the next chapter for MOQ. Joe has built a high calibre team around him that I am privileged to have the opportunity to lead,” Mr Ward commented.

“I am proud of the progress that we have achieved over the last two years as we established a solid foundation to enable our growth and enable organisations to accelerate their digital transformation with MOQ’s services.”

MOQ has ended the day in the grey with shares trading at 20.5 cents in a $39.06 million market cap.

Related News