Wednesday, 19 February 2014 – Sydney – International automotive software developer, Infomedia Ltd (ASX:IFM) today announced that Mr Richard Graham has stepped down as Chairman and the Board has unanimously appointed Ms Fran Hernon as its new Chairman.
Mr Graham founded Infomedia Ltd in 1987 has been its Chairman since the Company’s incorporation in that year. He will remain a non-executive director of the Company.
Ms Hernon has led and served on committees of the Board and currently serves on the Audit, Risk and Governance Committee. She has extensive experience in media, publishing, marketing and technology and has served 14 years with the organisation.
Mr Graham said: “I’ve enjoyed serving the shareholders as Chairman and step down in the knowledge that the Company has an experienced and strong replacement who will be well supported by a talented, stable executive team.”
Ms Hernon said: “On behalf of the directors, shareholders and employees, I would like to thank Richard for his leadership and unwavering commitment to the Company over many years, both as founder and Executive Chairman. The Board is grateful that Richard’s experience and expertise will continue to be available to the Company in his capacity as a non-executive director.”