LONDON: Synectics plc (AIM: SNX), a leader in advanced security and surveillance systems, announce the appointment of Amanda Larnder, currently interim Chief Executive Officer and Chief Financial Officer, as its Chief Executive Officer with immediate effect.
Following the sudden passing of Paul Webb, the Company’s former Chief Executive Officer, in late August 2024, Amanda has been instrumental in ensuring that the Company continues its positive growth trajectory in what has been a difficult period for the Company and its employees.
After a period of evaluation, led by Bob Holt, Synectics’ Non-Executive Chair, the Board unanimously agreed to Amanda’s appointment as Chief Executive Officer. Amanda has been Synectics’ Chief Financial Officer since July 2022 when she rejoined the Company and has over 16 years’ experience in leadership roles, including within Synectics.
Amanda will continue to oversee the Company’s finance and administrative functions until her replacement as Chief Financial Officer is appointed, the search for which is underway. The Company will release further announcements on this process as appropriate.
Upon her appointment, Amanda has been granted options over, in aggregate, 1,000,000 ordinary shares of 20 pence each in the company under a new long term incentive plan.
Bob Holt, Non-Executive Chair of Synectics, commented: “On behalf of the Board, I am delighted that Amanda has been appointed as the Company’s permanent Chief Executive Officer, after what has been a challenging period for everyone at Synectics. Not only has Amanda provided both stability and strength, but her knowledge of, enthusiasm and strategic vision for Synectics have been central in this decision.
The Board and I look forward to continuing to work closely with Amanda as we focus on implementing our strategy, ultimately delivering growth to all stakeholders.”