PRESS RELEASE – John Diddams to take Non Executive Role on DIT Technologies’ Board
Author : Ally Gravolin
The Company is pleased to announce that John Diddams, has accepted a non-executive director position on the board, following the resignation of Craig Kimmorley , due to health and personal reasons.
John will sit on the Board along with Quentin Kennedy (Chairman) and Mark Peart (Managing Director).
John is a professional Non-executive Director with extensive experience and a proven track record in managing the due diligence and IPO process for companies looking to raise capital and list on the ASX.
John has over forty-five years’ business experience as a CFO, CEO and director of both private and publicly listed companies. He has extensive knowledge and experience in the practical application of ASX Listing Rules, Australian corporations’ law, international accounting standards and corporate governance principles.
Over the past 25 years John has managed the process to raise capital, perform due diligence and seek ASX listing for a number of diverse enterprises, including oil and gas interests, food distribution and retail, a fine wool processing plant, an innovative telephony product, a biotech company, an Internet advertising initiative, a dental device for snoring and sleep apnoea, an indoor skydiving company, a personal aircraft start-up, a breast care tech company, an adventure tourism company, a healthy fast food restaurant chain, and a medical device company.
John holds a Bachelor of Commerce from University of NSW, is Fellow of the Australian Society of CPAs and a Fellow of the Australian Institute of Company Directors.
John is currently a Non-executive Director of ASX listed companies, Volpara Health Technologies Limited (ASX:VHT) and Aroa Biosurgery Limited (ASX:ARX) and unlisted Surf Lakes Holdings Limited.
Mark Peart, CEO, said; “We approached John in light of his experience in helping direct and raise capital for high growth businesses, his extensive experience in preparing companies for listing on the ASX, and his knowledge of corporate governance, and are very pleased he agreed to join the Company.
John Diddams said; DIT ticks all the boxes for an innovative, high growth business including; good management, unique selling proposition, recurring revenue streams, a huge addressable market, environmentally responsible, as well as consideration of animal welfare, so I am delighted to be a part of its future success.”
John’s appointment begins on December 1st, 2020.