Board Changes and Director Appointment

10 August 2022

WANdisco plc

("WANdisco" or the "Company")

Board Changes and Director Appointment

WANdisco (WAND.L), the data activation platform, is pleased to announce the appointment of Peter Lees to its Board as an Independent Non-Executive Director.

Mr Lees has built a successful 35-year career in the UK financial markets, having served in senior leadership roles across multiple financial institutions, with a particular focus on Equity Capital Markets and the provision of investment and strategic advice to public and private companies. 

Mr Lees has built, grown and led a number of UK, European and Global Equity teams during his career, including most recently serving as a Managing Director at Stifel, where he was part of the leadership team in the Technology and Life Science sectors.  Prior to that, Mr Lees served as Head of UK and European teams at F&C, responsible for managing over £15 billion of assets under management.  Earlier in his career, Mr Lees rose to become Head of the UK Equity Team at Morgan Grenfell (latterly, Deutsche Bank), helping to drive the organisation towards its ultimate position as one of the top three Asset Management companies in London.

Pursuant to his appointment, which is effective today, Mr Lees will join the Audit, Nomination and Remuneration Committees of the Board.

Bob Corey, who served as the Company's Vice Chairman and Senior Non-Executive Director since November 2018, has notified the Company of his intention to retire from the Board with effect from today's date to pursue other interests. Bob was the chair of the Audit Committee, and a member of the Remuneration and Nomination committees.

David Richards, CEO and Chairman of WANdisco, commented:

"On behalf of the entire Board I am delighted to welcome Peter to our team.  He shares our growth vision for WANdisco, believing in the power of our patented technology to solve real-world problems in a market now opening before us.  His expertise in working with growth companies to deliver on their ambitions, alongside his unparalleled experience of the global capital markets, will be a significant benefit to WANdisco as we push forward with our strategy for growth.

I wish to thank Bob Corey for his service as a Board member over the past 4 years. I wish him well in his future endeavours."

Peter Lees, added:

"I am delighted to join WANdisco at this very exciting stage in the Company's development as a world class data activation company. The recent client wins the team has achieved in the 'Edge to Cloud' market points to a very attractive growth journey ahead, which I am keen to play my part in pursuing."

Additional Information 

Regulatory disclosures

 The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Peter Richard Lees, aged 58:

As of the date of this announcement, Peter Lees holds no ordinary shares in the capital of the Company. Save as disclosed above there are no additional disclosures to be made in accordance with Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information, please contact:

About WANdisco

WANdisco is the first and only data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit www.wandisco.com.