Veem Ltd (AU:VEE) has released an update.
VEEM Limited, an innovative Australian marine technology firm, announces strategic executive changes, promoting Trevor Raman to CEO and Tino Kapfumo to CFO and Company Secretary, effective July 1, 2024. These appointments aim to sustain VEEM’s growth following a period of increased revenue and profit, led by Raman’s successful management and Kapfumo’s exceptional performance as Finance Manager. The company, known for its advanced marine propulsion and stabilization systems, continues to invest in R&D while maintaining its market leadership and strong financial health.
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