Apr 222021

– UK, London –  Parity Group plc (LON: PTY), the data and technology-focused professional services company, today announced the appointment of Mark Braund to its board of Directors as Non-Executive Chairman, effective immediately, succeeding John Conoley who has decided to step down from his role as Non-Executive Chairman.

“I would also like to welcome Mark to the Group. Mark has fantastic experience in the technology sector and is known for his strong track record in supporting Executive teams to deliver profitable and sustainable change whilst materially improving shareholder value. His expertise will be invaluable as we deliver Parity’s new strategy following our recent transformation.” said CEO, Matthew Bayfield.

He added: “On behalf of the Board I would like to thank John for his guidance and counsel through Parity’s period of transition. He leaves us well placed for growth and we wish him every success for the future.”

“Now is the right time for me to hand over the reins as Chairman and I wish Mark every success in his new position,” said John Conoley.

About Mark Braund

Mark Braund is currently Executive Chairman of the specialist cleaning, hygiene, and decontamination company React Group PAboutLC. Mark Braund previously held the position of CEO at RedstoneConnect Plc, a provider of technology and services for smart buildings and commercial spaces, and led the business through a well-documented turnaround, overseeing the sale of profitable legacy assets and the carve-out of the software technology business now known as Smartspace Software Plc.

Mark Braund, Non-Executive Chairman of Parity, said: “Parity is an excellent, progressive business that has spotted a clear opportunity for itself in the data-focused professional services space. I am very pleased to be joining the Group and I look forward to working with Matthew and the Executive team.”

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