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ATTRAQT Group shares advance as it names Luke McKeever as chief executive officer

McKeever joins ATTRAQT from Neighbourly.com, the SaaS platform that connects high profile brands with local communities, which he joined as executive chairman in June 2014, becoming CEO in September 2015

New boss
McKeever will join the Group on 21 May 2018 and will take over the reins from Nick Habgood following a short handover period.

ATTRAQT Group PLC (LON:ATQT) shares gained over 6% on Tuesday morning following news of the appointment of Luke McKeever as its chief executive officer, with interim executive chairman Nick Habgood to revert back to his former non-executive role.

The AIM-listed online merchandising, onsite search and eCommerce personalisation provider said McKeever will join the Group on 21 May 2018 and will take over the reins from Habgood following a short handover period.

READ:  ATTRAQT hails "milestone" 2017 and remains focused on securing more client wins

The group said in a statement that McKeever has a strong track record in growing successful international technology businesses, both listed and private.

It added that McKeever joins ATTRAQT from Neighbourly.com, the SaaS platform that connects high profile brands with local communities, which he joined as executive chairman in June 2014, becoming CEO in September 2015, and of which he will remain a non-executive director.

ATTRAQT also noted that its new boss served as CEO for three years at OB10, the SaaS global trading network acquired by Tungsten Corporation PLC for £101mln in 2013, and was CEO of Portrait Software, an AIM-listed customer interaction optimisation specialist.

Nick Habgood, commented: “After a very thorough process it was clear that Luke was the standout candidate to lead the enlarged Group and having worked with members of the Board previously, his skills both from a PLC and industry perspective are proven.”

He added: “With Luke's knowledge of the sector, transaction experience, relationships with retailers and proven expertise in growing software businesses, we are confident that he will drive forward the underlying operational effectiveness and performance of the business."

McKeever commented: "Strong foundations have been laid and I am committed to building on the momentum ATTRAQT saw towards the end of 2017, with continued innovation, new client wins and further upsell to current customers."

In late morning trading, ATTRAQT shares were up 6.4% at 33.5p.

 -- Adds share price --

Quick facts: Attraqt Group PLC

Price: 34 GBX

LSE:ATQT
Market: LSE
Market Cap: £61.22 m
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