13
February 2024
Fadel Partners,
Inc.
('FADEL',
the 'Company' or, together with its subsidiaries, the
'Group')
Directorate
Change
Fadel Partners, Inc., the developer
of cloud-based brand compliance and rights and royalty management
software, announces the appointment of Ian Flaherty (CPA) as Chief
Financial Officer with effect from 14th February 2024.
Ian is a Certified Public Accountant in the United States and joins
the Company from LogicManager, Inc., a SaaS-based Enterprise Risk
Management business. Previously, Ian held various financial
management positions in public listed companies (New York Stock
Exchange and Toronto Stock Exchange) within the technology and
direct-to- consumer sectors. Ian also worked in professional
practice at Ernst and Young, LLP. Ian's appointment to the Board
remains subject to satisfying AIM regulatory and due diligence
checks and a further announcement will be made in this regard in
due course.
Vicary Gibbs has stepped down from
his role as Chief Financial Officer (CFO) and has resigned from the
Board and all group Directorship roles with immediate effect, in
order to pursue other opportunities. Vicary has been CFO of the
Company since 2022 and the Board wish to record their appreciation
for his significant contribution to the Company over this time, in
particular in relation to the successful IPO of the
Company.
As stated in the Company's trading
update on 31 January 2024, revenue for the year ended 31 December
2023 was in-line with market expectations and the Board remains
confident about the Company's prospects.
For
further information please contact:
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Tarek Fadel, Chief Executive
Officer
|
Via
Alma
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Cavendish Capital Markets Limited (Nomad &
Broker)
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020 7220
0500
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Jonny-Franklin Adams, Emily Watts,
Abigail Kelly (Corporate Finance)
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Tim Redfern, Sunila De Silva
(ECM)
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Alma Strategic Communications
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Tel:
+44(0)20 3405 0205
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Josh Royston
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fadel@almastrategic.com
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Andy Bryant
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Sam Modlin
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This announcement contains inside information for the purposes
of the retained UK version of the EU Market Abuse Regulation (EU)
596/2014 ("UK MAR").
About Fadel Partners Inc.
FADEL is a developer of cloud based
brand compliance and rights and royalty management software,
working with some of the world's leading licensors and licensees
across media, entertainment, publishing, consumer brands and
hi-tech/gaming companies. The Group combines the power of rights
management and content compliance with sophisticated content
services, AI-powered visual search and image and video
recognition.
FADEL has two solutions, being IPM
Suite (rights and royalty management for publishers and licensing)
and Brand Vision (an integrated platform for Brand Compliance &
Monitoring that includes Content Services, Digital Rights
Management, AI-Powered Content Tracking, a Brand Monitor, and 100
million Ready-to-License Images).
The Group's main country of
operation is the United States, where it is headquartered in New
York, with further operations in the UK, France, Lebanon and
India.
For more information please visit
the Group's website at:
www.fadel.com.