- Qantm (QIP) has appointed Craig Dower as CEO effective immediately
- Craig is replacing Leon Allen who was in the position for four years
- Leon will remain with the company, as a non-executive director, beginning mid 2020
- Qantm shares remain unchanged at market close, selling at $1.35 a piece
Qantm’s (QIP) new Chief Executive Officer Craig Dower commenced his first day in the role today.
Qantm is the owner of a group of leading intellectual property services businesses, spanning across Australia, New Zealand, Singapore and Malaysia.
The commencement follows Leon Allen stepping down from the role of CEO after four years.
However Mr Allen is set to join the board as a non-executive director in the middle of this year.
Qantm Chairman Richard England commented on the transition, saying,
“We are delighted to welcome Craig to Qantm today, to lead Qantm’s continued focus on the growth of its business, including expansion of its position in Asia, as well as a major renewal of business systems and processes across the business,” he said.
He also stressed the value, former CEO Leon Allen provided for the company.
“The Qantm Board would also like to reiterate its thanks to Leon for his outstanding contribution as Qantm’s inaugural Chief Executive Officer and Managing Director, leading the Qantm Group since listing in 2016,” Richard added.
“We look forward to welcoming Leon to the Board as a non-executive director later in 2020,” he told the market.
Craig Dower also commented on his new appointment, saying,
“I am very excited to have now joined the Qantm team and to be starting to work with the very talented people in Qantm’s three high-quality businesses – Davies Collison Cave, FPA Patent Attorneys and Advanz Fidelis,” he said.
“I see great opportunities ahead for Qantm in the dynamic intellectual property industry, leveraging the progress made to date and the company’s commitment to growth, transformation and investing in its people,” he told the market.
Qantm shares remain unchanged at market close, selling at $1.35 a piece.