LONDON: The Board of Directors of Thruvision Group plc (AIM: THRU), the leading international provider of walk-through security technology, announced the appointment of Victoria Balchin, currently Chief Financial Officer, as Chief Executive Officer with effect from 2 January 2025.

Following the departure of Colin Evans in October 2024, working closely with Executive Chairman Tom Black, Victoria has been instrumental in ensuring that the business continues to be managed highly effectively with a view to returning Thruvision to growth in the second half of the financial year.

The Board has carefully considered whether a broader search should be undertaken and has unanimously decided that this internal appointment is in the best interests of the Company and all its stakeholders.

Victoria joined the Group as Chief Financial Officer on 1 October 2022 and will retain this role for the foreseeable future, supported by Hannah Platt who is the full time Company Secretary and a qualified accountant. Tom Black will remain as Executive Chairman and will retain a strong involvement in day-to-day matters, particularly the sales function which is currently the subject of an internal review.

Tom Black, Executive Chairman, commented: “I am delighted that Victoria is stepping up to Chief Executive. Having worked with her for two years now and particularly closely over the past three months, I am certain that she is the right person to lead the Thruvision team as we enter a crucial phase on our journey to profitability.”

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