Board change

Concurrent Technologies PLC

13 April 2026

 

13 April 2026

Concurrent Technologies Plc

(the "Company" or the "Group")

Board change

Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world's major OEMs, announces that Kim Garrod, Chief Financial Officer (CFO), has informed the Board of her intention to retire and step down from her position. Kim will remain in her role until the end of 2026 to ensure there is a smooth transition process, and she and the rest of the executive team remain fully focused on the delivery of Concurrent's strategy.

The Board has begun an external recruitment process to identify Kim's successor, and a further announcement will be made when appropriate.

Miles Adcock, Chief Executive Officer, commented: "Over the past four years, Kim has made a significant contribution to Concurrent, providing disciplined financial leadership and supporting the execution of our strategic priorities, including the successful completion and integration of the Phillips acquisition. She has been instrumental in the Group's growth, establishing a strong financial foundation for continued progress. While we will be sorry to see Kim leave, we fully respect her decision to retire. On behalf of the Board, I thank Kim for her commitment and professionalism and wish her every success in the future."

Kim Garrod, CFO, said: "I have decided to retire from corporate life to spend more time with my family and pursue personal interests, confident that Concurrent has a strong financial foundation and a clear strategy for future growth. It has been a privilege to contribute to the Company's development over the past four years, and I look forward to continuing to support the business through 2026, ensuring a smooth transition to my successor."

Enquiries:

Concurrent Technologies Plc Miles Adcock - CEO Kim Garrod - CFO	[phone]
Alma Strategic Communications Hannah Campbell / Josh Royston / Will Merison	[phone]
Investec Bank plc (Financial Adviser, Nominated Adviser and Corporate Broker) Nick Prowting / Virginia Bull / Arnav Kapoor / Tommy Jackson	[phone]

About Concurrent Technologies Plc

Concurrent Technologies Plc develops and manufactures high-end embedded plug-in cards and systems for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments. The processor products feature Intel® processors, including the latest generation embedded Intel® Core™ processors, Intel® Xeon® and Intel Atom™ processors. The products are designed to be compliant with industry specifications and support many of today's leading embedded operating systems. The products are sold world-wide.

For more information on Concurrent Technologies Plc and its products please visit www.concurrent.tech.

 

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