SDV Price sensitive 1 Apr 2025, 9:02 AM

Corporate Update - Board Composition

Scidev Ltd

SciDev Announces Board Composition Changes

Key points

  • Appointment of Mike Utsler as new Chairman
  • CEO Sean Halpin appointed as Managing Director
  • Johannes Risseeuw joins as Non-Executive Director

Full summary

SciDev Ltd (ASX: SDV) has announced several changes to the composition of its Board of Directors. The company is pleased to welcome Mike Utsler as the new Chairman, effective April 1, 2025. Mike brings extensive board and executive leadership experience that will guide SciDev through its next phase of growth. He succeeds Vaughan Busby, who will step down as a Non-Executive Director after four years of dedicated service. Additionally, SciDev's Chief Executive Officer, Sean Halpin, will transition into the role of Managing Director, effective the same date. This appointment reflects Sean's strong leadership and strategic oversight in driving the company's business forward. The Board has also appointed Johannes Risseeuw as a new Non-Executive Director, replacing Jon Gourlay, who will retire at the Annual General Meeting in October 2025. Johannes is an experienced company director with expertise in corporate strategy, governance, commercial, and mergers and acquisitions, which will be invaluable in supporting SciDev's long-term growth objectives.

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