1414 Degrees Limited informed the market that its Executive Chair, Dr. Kevin Moriarty, has provided the Company with 3 months' notice of his intended resignation from executive duties, in accordance with the terms of his employment contract. Dr. Moriarty will step down from his role as Chair but will remain a non-executive Director of the Company. The Board advised that it has resolved to appoint Mr. Tony Sacre as an independent, non-executive Director and as interim Chair of the Board of Directors. Sacre brings to 1414 Degrees a wealth of experience in corporate management and governance. He is currently Chief Executive Officer of the Bentleys Network.