LONDON - Tribe Technology PLC (AIM: TRYB), known for its autonomous mining equipment, today announced a significant change in its leadership. Charlie King has resigned from his position as Chief Executive Officer and will also leave the company's Board with immediate effect. Preeti Mardia, currently serving as the Chair of Tribe Tech, will expand her role to become the Executive Chair.
The company expressed gratitude to King for his contributions and wished him well in his future endeavors. The announcement did not specify the reason for King's departure or who would succeed him as CEO.
Tribe Technology, established in 2019, specializes in the development and manufacturing of autonomous reverse circulation drill rigs for the mining industry. These rigs are designed to enhance safety and efficiency in mining operations by incorporating the company's proprietary Tribe Technology Drilling System (TTDS).
The news of the directorate change follows the company's adherence to the UK Market Abuse Regulation, with the information previously considered inside information now available in the public domain.
Investors and interested parties can find further information about Tribe Technology on their website or through their financial public relations team at Tavistock. The company's stock is traded on the AIM market of the London Stock Exchange (LON:LSEG) under the ticker symbol TRYB.
This leadership transition is based on a press release statement from Tribe Technology PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.