New Managing Director of Products Appointed

Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world's major OEMs, announces the appointment of Jon Jayal as Managing Director of Products, effective as of 16 March 2026.

Jon is former CEO of Nexteq plc, an AIM-listed multinational computer technology business. He joined the business at its inception as an electronics design engineer, later playing a key role in its flotation on the London Stock Exchange before becoming Group CEO, a role he held until August 2024. Under his leadership, the company grew revenues to over $100m, completed multiple acquisitions, expanded into new markets and successfully launched several new products.

Jon also combines an engineering background with strong financial acumen and a deep understanding of capital markets, having held senior leadership roles at Mercer Investment Consulting and BlackRock.

Dr Miles Adcock, CEO, commented: "Jon brings a wealth of experience specific to products similar to ours, with a strong track record of scaling, entering new markets and driving growth. We are pleased to welcome him to Concurrent at an exciting time for the business. This is the latest senior leadership appointment as we continue to scale the business. I look forward to working with Jon in the years to come."