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EROAD Announces Board Renewal and Committee Transition

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EROAD Announces Board Renewal and Committee Transition

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EROAD ( (ERDLF) ) just unveiled an announcement.

EROAD Limited has appointed John Scott as a new independent Non-Executive Director effective 1 March 2025, bringing his extensive experience in technology, digital transformation, and business strategy. This move is expected to bolster the company’s innovation and growth initiatives. Additionally, Steven Newman will step down as a consultant to the Technology Committee, having contributed significantly during a period of strategic change. These shifts in the board and committee are poised to impact EROAD’s strategic direction positively.

More about EROAD

EROAD is a technology company based in Auckland, New Zealand, specializing in tolling and services. They are known for pioneering a GNSS/cellular-based road charging solution and offer various compliance and fleet management solutions. EROAD is a key player in road user charges compliance in New Zealand and is listed on the NZX and ASX.

YTD Price Performance: -6.13%

Average Trading Volume: 200

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $117.8M

Learn more about ERDLF stock on TipRanks’ Stock Analysis page.

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