1. PARKD reshuffles management, Troncone now CEO

    PARKD reshuffles management, Troncone now CEO

    Changes were spurred by significant interest in the company’s patented technology. PARKD has developed an innovative lightweight concrete car parking system PARKD Ltd ( ASX:PKD ) has appointed Len Troncone as CEO and Peter McUtchen will step down as managing director and assume the role of chief operating officer (COO). Troncone will retain his CFO duties and co-founder McUtchen will remain a board member.

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    1. Since joining PARKD two months ago, I have recognised that the opportunities brought to the company by Peter and the team at PARKD represent an exceptional platform on which to build a strong enterprise to deliver shareholder wealth.
    2. There has been a significant increase of interest to develop the PARKD patented technology from a broad base of commercial investment which has necessitated a restructure within the management team.
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