IXUP Limited announced that current CEO of IXUP, Marcus Gracey, has transitioned to the newly created role of Director, Corporate Development & Strategy, to focus exclusively on the execution of several key commercialisation initiatives. A new "Advisory Committee" (AC) has been formed to provide strategic, commercial and operational guidance and oversight to the Management Team during the transitional period through to appointment of a new CEO and to assist with the recruitment of a new CEO and making a recommendation of the successful candidate(s) to the Remuneration and Nomination Committee for the Remuneration and Nomination Committee's consideration and final recommendation to the Board. The AC is comprised of the following members (noting no individual member of the Committee will act in an executive capacity for the Company): Julian Babarczy (currently the Non-Executive Chairman of IXUP); Ian Penrose (currently a Non-Executive Director of IXUP); Jonathan Rosham (Founding Director of Cygent Capital, IXUP's Corporate advisor).