Checkit taps Kit Kyte for CEO
Checkit
19.73p
13:59 15/11/24
Software firm Checkit appointed Kit Kyte to the role of chief executive officer on Monday, with immediate effect.
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Checkit noted on Monday that since joining Checkit as its chief commercial officer on 1 February, Kyte had overseen a "significant transformation" of its growth Function - including a tripling of the prospective pipeline in its Checkit Connect unit.
The AIM-listed group added that chairman Keith Daley decided to progressively step back from his executive role over a handover period of six months as a result of Kyte's appointment.
Daley said: "This was the result of a comprehensive selection process which included a total of 165 internal and external candidates being assessed and 60 interviews taking place.
"Having worked with Kit during the past five months I have been impressed with his drive, strategic insight, practical approach and early sales successes."
As of 0930 BST, Checkit shares were up 2.36% at 58.35p.