Integrated Media Technology Limited: Key Management Changes in December 2024 Filing

$IMTE
Form 6-K
Filed on: 2024-12-18
Source
Integrated Media Technology Limited: Key Management Changes in December 2024 Filing

Here are the key insights and important information extracted from the financial report of Integrated Media Technology Limited:

  1. Document Type and Filing:
  • The document is a Form 6-K, which is used by Foreign Private Issuers to report certain events to the SEC.
  • The filing date is December 16, 2024, and it has a Commission File Number: 001-38018.
  1. Board Changes:
  • Appointment of Director: Mr. Peter J Whelan has been appointed as a non-executive member of the Board, effective December 16, 2024. He is 80 years old and has over 50 years of experience in professional accounting, having held senior positions in major accounting firms.
  • Resignation of Co-CEO: Mr. John Ki Park resigns as Co-CEO on December 16, 2024, but will continue as CEO of a subsidiary focused on 'smart glass' operations. His resignation was not due to any disagreements with the company.
  • Appointment of CEO: Mr. Con Unerkov has been appointed as CEO, effective immediately on December 16, 2024. His profile has been disclosed in the company’s latest Form 20-F filing with the SEC.
  • Resignation of Company Secretary: Mr. Zhiyun Tan resigns as Company Secretary, effective December 16, 2024, but will remain as a non-executive director.
  • Appointment of New Company Secretary: Ms. Julie Ann Edwards has been appointed as Company Secretary, effective December 16, 2024. She has significant experience in accounting and finance and is a member of CPA Australia.
  1. Management Experience:
  • Mr. Whelan has extensive experience in corporate advisory and audit, and he is currently involved with Oakridge International Limited and a major South Australian charity.
  • Ms. Edwards has a strong background in accounting management and provides company secretarial services for multiple ASX listed and unlisted companies.
  1. General Observations:
  • The report emphasizes a smooth transition in leadership roles, with no reported disagreements leading to resignations, which suggests stability in management.
  • The appointments reflect a focus on maintaining experienced oversight in both executive and secretarial roles.

This summary highlights the significant management changes and appointments within Integrated Media Technology Limited as reported in their 6-K filing, along with the qualifications and experience of the newly appointed individuals.