Kainos re-appoints Brendan Mooney as CEO

(Sharecast News) - IT provider Kainos said on Wednesday that it has re-appointed Brendan Mooney to the board as chief executive officer. Mooney will succeed outgoing CEO Russell Sloan, who will step down from the role with immediate effect. Sloan previously took over from Mooney in September 2023.

Kainos chair Rosaleen Blair said: "We are delighted to welcome Brendan back to the role of CEO. Having overseen a hugely successful period of growth for Kainos, he needs very little introduction to anyone connected with the group. Brendan's knowledge of the group, its challenges and opportunities is unsurpassed and we look forward to a clear focus on a return to growth."

Kainos also stated expectations for the year ending 31 March 2025 were unchanged from the time of its H1 on 11 November.

As of 0925 GMT, Kainos shares were up 7.35% at 862.0p.





Reporting by Iain Gilbert at Sharecast.com