Defenx PLC Appoint Alessandro Poerio as new CEO

Defenx Plc
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Defenx plc (LON:DFX), the cyber-security software group, announced today the following changes to the board of directors of the Company with immediate effect.

The Company is pleased to announce the appointment of Alessandro Poerio as Chief Executive Officer, with Andrea Stecconi, the current Chief Executive Officer, remaining on the Board as an Executive Director in a customer relationship role. In addition, the Company announces the resignation of Non-Executive Director, Franco Francione, in order to focus on his responsibilities as Chief Financial Officer of BV-Tech SpA.

Alessandro Poerio is an experienced finance and management executive in the technology sector. From 2005 to 2017, he was the Chief Executive Officer of Oberthur Technologies Italia (“OTI”), the Italian subsidiary of Oberthur Technologies Group S.A.S, the global embedded digital security company. Prior to taking up the position of Chief Executive Officer at OTI, Alessandro was the Chief Financial Officer having been appointed in 2002. Before joining OTI, he held various finance roles including at L’Oréal Italia.

Alessandro has a degree in Business Administration from Università Cattolica del Sacro Cuore in Milan.

Tony Reeves, Non-Executive Chairman of Defenx Plc, commented: “I am pleased that we have secured the services of Alessandro Poerio as the Company’s new CEO. Alessandro brings with him considerable experience of building a successful digital security business and we believe he has the right skills to lead the executive team in the next phase of the Company’s development. Andrea Stecconi will continue in an executive role, focussed on ensuring we maximise the opportunity with our existing customers and partners.

Although Franco Francione has only been on the Board for a short period, I would like to thank him for his contribution and we will continue to work closely with him as we further develop our relationship with BV-Tech.

Despite the challenges that the Company has faced in recent times, we believe that we have the right strategy and leadership team to ensure the Group delivers profitable revenue growth in the medium and long term.”

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