Thred's founder, Mr. David Whitaker, has informed the board of his desire to step down from his fulltime executive responsibilities, and has given notice pursuant to his executive employment agreement. David will continue to serve the company and shareholders as a non-executive director. Thred was conceived by David in Hong Kong over 3 years ago and his vision will continue to underline plans. Further to recent announcements, Thred is rapidly engaging new and exceptional Product and Technology talent. David's decision to step aside was motivated by the desire to see this new team own the Product and leadership agenda, while enabling him to support and contribute where required. Mez Gallifuoco, Thred's head of Product & Growth, is formally leading company's Product & Innovation manifesto and program, working very closely with Michael Cerbara, Thred's Chief Technology Officer.