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  • Threat Protect Australia (TPS) has made some board and management changes as it considers the next stage of its journey
  • The company has appointed Peter Kennan as Non-Executive Chairman and John Hallam as Chief Executive Officer
  • Additionally, Dennison Hambling has been appointed as Deputy Chairman and an Executive Director, and he will commence his role in October
  • On market close for the weekend, TPS is in the grey and trading at 2.8 cents per share

Threat Protect Australia (TPS) has made some board and management changes as it considers the next stage of its journey.

The company has appointed Peter Kennan as Non-Executive Chairman and John Hallam as Chief Executive Officer, who both commenced on July 1.

Additionally, TPS has appointed Dennison Hambling as Deputy Chairman and an Executive Director, who will commence his role in October.

Terms of Mr Hambling’s agreement are still being finalised and will be released on his commencement to the role.

Previous Managing Director Derek La Ferla will remain on the board as a Non-Executive Director until 31 August, in accordance with his resignation announced earlier this year.

Dimitri Bacopanos will remain as a Non-Executive Director.

Threat Protect provides monitoring solutions with security and wellness applications.

Earlier this year, Threat Protect purchased two security monitoring client bases in Australia for nearly $2 million.

The two client bases in Western Australia and Queensland have a long history of service under Threat Protect and are the main users of wireless technology.

On market close for the weekend, TPS is in the grey and trading at 2.8 cents per share.

TPS by the numbers
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