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Blue Prism Rehires Jason Kingdon As Executive Chair Amid Growth

(Alliance News) - Blue Prism Group PLC said Tuesday former executive chair Jason Kingdon has ...

Alliance News 22 October, 2019 | 9:15AM
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(Alliance News) - Blue Prism Group PLC said Tuesday former executive chair Jason Kingdon has returned to that role as the firm looks to accelerate the adoption of its artificial intelligence data entry and processing platform for businesses.

Kingdon had served as executive chair up to the initial public offer of the firm in 2016, which initially valued the firm at GBP49 million.

Chief Executive Officer Alastair Bathgate will remain in post, with his focus turning more towards "customer relationships, promotion of the Blue Prism brand and various strategic programmes." With the rapid growth of the firm, Blue Prism said, these task are increasingly requiring "dedicated and expert attention."

Meanwhile, Kingdon will take charge of the "go-to-market and product functions" at Blue Prism.

"I am delighted that Jason is taking on this new exciting role; we have collaborated for over 11 years, he was one of the first to recognise the market opportunity and help Blue Prism enter its growth phase," Bathgate said.

"Jason supported us as we developed and launched one of the most important technologies to emerge from the UK in decades," Bathgate continued. "It is great to be working together full-time again and it completes another successful year for Blue Prism."

Shares in London-based Blue Prism were 4.4% higher at 849.41 pence in London on Tuesday.

By Ahren Lester; ahrenlester@alliancenews.com

Copyright 2019 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Blue Prism Group PLC 834.00 GBX -4.14 -

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Alliance News

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