Zamano CEO Ross Conlon resigns

Zamano CEO Ross Conlon tendered his resignation with immediate effect this week, with the company saying he was leaving to pursue other interests.

Conlon joined the AIM-traded firm in 2007 as part of its acquisition of Red Circle, and had held a number of senior roles prior to his appointment as CEO in January 2014.

“During his period as CEO, the company has seen a period of strong revenue, profit and cash generation and has begun searching for growth investment opportunities,” Zamano acting chairman Colin Tucker said.

“On behalf of the board of directors of the company, I would like to thank Ross for his strong contribution and wish him the best for his future career.”

Zamano’s board said Conlon has agreed to facilitate a smooth handover, and it was commencing a process to appoint a new CEO.

The board also updated the market on its performance since it announced its preliminary results for the 2015 calendar year on 10 March.

It said it has continued the positive performance in revenue and profit achieved in 2015, and was continuing to focus on its core activities whilst exploring acquisition or partnership opportunities, with a view to diversifying and improving its product footprint.