Quixant Plc announced executive changes. Nick Jarmany, currently CEO, has been appointed Vice Chairman with executive responsibility for technology leadership and innovation. Nick is a founding director of the Group and is beneficially interested in 18.4% of the Group's issued share capital.

Jon Jayal, currently COO, has been appointed CEO. Jon was a key member of the design group which developed Quixant's first product in 2005. After a period in the financial sector Jon returned to Quixant in 2012 as General Manager.

He was promoted to the Board as COO in June 2016. Cresten Preddy, currently CFO, has indicated her wish to have a plan in place for her to retire from a full-time role, and over the last few months the Board has conducted a process to identify a suitable replacement. Guy Millward will join the Group as CFO on 1 October 2018.

Guy qualified as a Chartered Accountant at Ernst and Young in 1989. He has extensive experience as Finance Director of several public companies in the electronics, software and IT sectors. He joins Quixant from Imagination Technologies Group plc, which he joined as CFO in 2015.