Kainos Group plc announced that planned CEO transition that is intended to take place by the end of September 2023. After 22 years as CEO, and a total of 34 years of service with the Company, Brendan Mooney, with the agreement of the Board, has elected to complete his term as CEO of Kainos by the end of September 2023. At this time Russell Sloan, currently the Digital Services Director of Kainos, will assume the CEO role and join the Kainos Board of Directors.

Brendan joined Kainos as a trainee software engineer on 19 June 1989, undertaking several technical and consulting roles before being appointed to the role of CEO in June 2001. During his tenure as CEO, he has led Kainos through a successful IPO on the London Stock Exchange and turned Kainos into a truly international business and one of the UK's leading IT providers. Brendan will continue to serve as CEO until the conclusion of the Company's Annual General Meeting ("AGM") on 21 September 2023.

He will not stand for re-election to the Board but will remain actively engaged with the business until June 2024, to ensure an orderly transition. Russell joined Kainos on 21 June 1999, also as a trainee software engineer, before embarking on a series of leadership roles. Since 2013, Russell has been the Director of Kainos' Digital Services division, over that period growing the division from 35 people to the global team of 1,600 people it is now, delivering digital transformation for government, healthcare and commercial sector organisations.

In the most recent financial year, Digital Services generated over 60 per-cent of Kainos' total revenue.