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Seeing Machines Limited

Seeing Machines expects to announce new CFO soon as James Palmer moves on

Palmer has been fundamental in supporting Seeing Machines' growth through new system implementation, business process improvement, office expansion to the UK, Germany and Japan

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Palmer has been instrumental in a number of successful capital raisings

James Palmer, the chief financial officer (CFO) of Seeing Machines Limited (LON:SEE), is to step down from his position for personal reasons.

The driver fatigue monitoring technology group is in the final stages of appointing a new CFO and expects to make an announcement shortly. Palmer will remain with Seeing Machines until mid-January in order to provide an orderly and comprehensive handover to his successor.

READ: Seeing Machines lifted as chairman hails “exciting and pivotal” 12 months

"The last few years at Seeing Machines have been times of constant change and growth. This growth has been driven by a number of factors, including James' hard work and dedication to the business,” said Ken Kroeger, the chief executive officer of Seeing Machines.

Quick facts: Seeing Machines Limited

Price: £0.04

Market: AIM
Market Cap: £136.8 m
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