Vection Technologies (ASX:VR1) has announced significant changes to its Board of Directors, strengthening its leadership, strategic and governance capabilities while also positioning the company for continued growth and enhanced shareholder value.
Highlights
- Appointment of ex-Apple COO, Marco Landi, as Independent Non-Executive Chair, leveraging his global and world- class technology and operational leadership.
- Appointment of seasoned business growth, governance, and strategy advisor, Cameron Petricevic, as Independent Non-Executive Director, bringing deep capital markets and both organic and inorganic growth experience.
- Transition of long serving Gianmarco Orgnoni from the Board.
- These changes result in a strengthened Board with additional plans for further optimisation to drive continued sustainable growth.
“These appointments represent an exciting phase for Vection. Marco Landi’s global technology leadership and Cameron Petricevic’s growth and governance expertise reinforce our Board’s capabilities as we drive forward in AI and XR,” Managing Director, Gianmarco Biagi, said.
“We thank Mr Orgnoni for his dedication and look forward to his continued support. These changes underscore our commitment to delivering high shareholder value and long-term growth.”
Marco Landi - Independent Non-Executive Chair
Mr Landi, former worldwide President of Apple Computer, was responsible for operations, marketing, and sales at Apple’s Cupertino headquarters. He played a pivotal role in the Apple management team that brought Steve Jobs back after an 11-year absence. Before joining Apple, he spent 20 years at Texas Instruments, leading sales across EMEA and Asia.
He is currently the director of the Europia Institute, an association that promotes ethical AI and emerging technologies. Mr Landi’s proven track record of revitalising high-profile technology firms bolsters Vection’s strategic direction and global reputation in the AI and XR sectors.
Cameron Petricevic - Independent Non-Executive Director
Mr Petricevic has over 20 years’ experience in the financial industry, an experienced executive and Board member of both private and public companies. He has held previous roles at Acorn Capital and as a Partner at Kentgrove Capital and is a qualified Actuary (AIAA) and a graduate of the Australian Institute of Company Directors (GAICD). He is currently a Director/Founder at Lucrum Ventures Pty Ltd, a Non-Executive Director and Company Secretary of RocketBoots Ltd (ASX:ROC) and the Chair of Butn Ltd (ASX:BTN).
Mr Petricevic’s background in mergers and acquisitions, valuations, capital markets and in growing early-stage companies equips Vection with critical insight to maximise shareholder value and accelerate the Company’s growth.
Vection says it will continue to optimise its operations and corporate structure for growth. The Board also continues to review its function and skill capabilities, expecting further enhancements to ensure that Vection is adequately equipped for its next phase of growth in a range of geographies and sectors.