Xeros Technology Group plc advised that further to the announcement on 18 March 2022, the Board has concluded its search process and Neil Austin will be appointed as Chief Executive Officer, effective 1 August 2022. Neil has extensive commercial sales and management experience in the global domestic appliance manufacturing industry, having recently served as Managing Director of Strix (U.K.) Limited, where his focus was on the consumer goods division including water filtration. Prior to this position, Neil was Chief Commercial Officer of Neurovalens Limited, and he previously held roles as Sales Director at Glen Dimplex, Consumer Goods division, and as Sales Manager at Whirlpool Corporation.

Outgoing Chief Executive Officer, Mark Nichols, will step down from the Board on 1 August 2022 and leave the Company on 30 September 2022.