Menu
Fronde appoints CEO, announces profit

Fronde appoints CEO, announces profit

Fronde has appointed its former acting chief executive, Ian Clarke, to the role permanently. In a media release, Fronde chairman Philip Shewell is quoted as saying “We considered a number of candidates and are pleased that we have such a fine candidate from within the management team”.

Shewell goes on to thank Clarke for his role in turning Fronde’s fortunes around: the company also announced a profit of $700,000 for the half-year to March 31.

“On behalf of shareholders, the board offers a huge vote of thanks to Ian and the management team for their success in correcting a number of the problems we experienced last year,” Shewell says.

In the previous half-year, to September 30, Fronde recorded a $2.9 million loss.

Shewell says the turnaround was achieved by restructuring and cost-cutting.

“The board and management team have been particularly focused on recovering our position after the poor first six months trading last year and the achieved profit is very commendable in the circumstances,” he says.

“The management team has restructured the organisation, reduced overheads, and focused on our strong and loyal client base.”

Fronde has offerings in software development, banking solutions and managed services. Its customers include the ASB Bank and KiwiBank.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags Fronde

Featured

Slideshows

Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Show Comments