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Vista Group International (ASX:VGL) appoints Stuart Dickinson as CEO

ASX News, Technology
ASX:VGL      MCAP $672.6M
09 December 2022 11:42 (AEDT)

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Vista Group International (VGL) has appointed Stuart Dickinson as its new Chief Executive Officer, effective from April 11.

Mr Dickinson is a global technology executive with more than 25 years of technology leadership experience to his name.  He is currently the New Zealand Country Manager for NYSE-listed DXC Technology, where he leads a team of 600 staff members.

The new appointment comes with a base salary of $625,000, along with short and long term incentives worth up to 48 per cent of the annual remuneration.

 “As Vista Group continues to focus on accelerating our platform strategy, we’re delighted to appoint someone of Stuart’s calibre to lead Vista Group through this next phase,” Vista Group Chair Susan Peterson said.

“Stuart’s appointment follows a rigorous global recruitment process where we considered a number of exceptional candidates.”

Stuart Dickinson will take over the reins from Kimbal Riley who, after five years in the leadership role, will be stepping down from the position.

Mr Dickinson will work closely with Mr Riley to manage a smooth transition.

“We want to acknowledge Kimbal’s contribution to Vista Group particularly his response to the challenges that the pandemic presented the film industry, and in driving Vista Group’s strategically important platform future,” Susan Peterson said.

“Kimbal will be greatly missed by the whole team, and we wish him all the very best in his retirement.”

Kimbal Riley will retire from the Group CEO role from April 11, but will continue in an advisory capacity until December 2023.

Vista Group shares were up 1.45 per cent to trade at $1.40 at 11:41 am AEDT.

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