IVE Group Limited announced that following the recent passing of companies Executive Chairman, Geoff Selig, the Company announced that non-executive director, James Todd, has been appointed as Chair of the IVE Board. James is an experienced company director, corporate adviser and investor and has worked with IVE Group since prior to the Company's initial public offering in December 2015. He brings extensive knowledge of the Group to the role. James commenced his career in investment banking and has taken active roles in a range of private and public companies. He was until recently Managing Director of Wolseley Private
Equity, an independent private equity firm he co-founded in 1999. James is also a Non-Executive Director of two other ASX listed companies, Coventry Group Limited and Bapcor Limited. At the same time, the Group's Chief Executive Officer, Matt Aitken, will join the Board as Managing Director. Founding family member, Paul Selig, has reaffirmed his ongoing commitment to the Group and
will remain an Executive Director for the foreseeable future. Changes to the Board are effective 1 June 2024.