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Wrkr (ASX:WRK) extends CEO services contract

ASX News, Technology
ASX:WRK      MCAP $110.1M
29 June 2022 15:40 (AEDT)
Wrkr (ASX:WRK) - CEO, Trent Lund

Source: Wrkr

IT service management company Wrkr (WRK) has extended the services contract of CEO Trent Lund for a further 12 months to June 30, 2023.

Mr Lund has been CEO of Wrkr since November 2021 and has been a director since February 2021.

As CEO he navigated the integration from the merger of equals between Comply Path and InPayTech, led the talent renewal of the business, and launched and aligned the business following its name change.

He also oversaw the transformation of systems and risk management processes as well as the development and launch of a new compliance product.

“After discussions with Mr Lund and other board members, it was clear that the business transformation has progressed ahead of expectations and that the Wrkr staff, clients and our shareholders would benefit from the continuity of his [Mr Lund’s] leadership,” Chair Emma Dobson said.

“Mr Lund and his executive team had worked tirelessly over the last eight months to negotiate and execute a Master Services Agreement with Link Group. This was our largest and most complex deal to date.”

Mr Lund said he is delighted to continue as CEO as the company continues growing.

“I am delighted to accept the extension as I believe there are critical growth steps to navigate over the next 12 months to position Wrkr for the next chapter of growth,” he said.

Wrkr shares were up 6.25 per cent to trade at 1.7 cents per share at 3:00 pm AEST.

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