Investor Relations

These pages contain key shareholder information for investors. Learn more about Invu’s financial performance and stay up-to-date with the latest company news.

Directors

¹ Member of Audit Committee
² Member of Compensation Committee
³ Member of the Corporate Governance and Nominating Committee

Executive Directors

David Morgan, CEO

David Morgan graduated from Warwick University in 1982 with a Bachelor of Law degree and began his career with Rolls Royce, where he quickly progressed to Assistant Director of the industrial and marine division. In 1990 he was appointed Managing Director of Hunsbury Computer Services Ltd, and went on to become MD of Network Imaging UK Holdings Ltd, an international software and systems house, and later of Orchid Ltd, a computer software reseller.

David founded Invu in 1997, and is now Chief Executive Officer. He is responsible for strategic direction and the day to day running of the business.

John Charles Agostini FCA, Chief Finance Officer

John Agostini trained as a chartered accountant with Grant Thornton, qualifying in 1984. In 1993, he became Director of Finance and Operations at Bizeq Ltd, a security alarm distributor. Three years later he was appointed interim European Financial Controller for Sunbeam Europe Ltd, and in 1997 joined the performance textiles division of Porvair plc as Finance and Operations Director.

John joined Invu in 1999 as Chief Finance Officer and Company Secretary, and is now also a member of the Audit Committee.

Jonathan Victor Halestrap, Director of Sales and Marketing

With a Bachelor of Science degree in engineering from Coventry Polytechnic, Jonathan Halestrap joined Hunsbury Computer Services Limited (later Network Imaging Solutions Limited) in 1994 as Divisional Managing Director. Following this, Jonathan spent time as Group Sales Director at Orchid Limited, Channel Director at international software company Bentley Systems Limited and Northern European Business Development Manager for Motiva Limited, a global information management company.

In July of 2000 Jonathan joined Invu as Director of Sales and Marketing. He is responsible for the sales and development activities of the company.

Non-Executive Directors

Daniel Goldman, Non-Executive Chairman

Daniel Goldman joined the board in May 1999 and replaced David Morgan as Chairman in 2002. He has significant experience raising private equity finance and providing emerging technology companies with bespoke corporate finance advice. Daniel is currently Managing Director of DG Goldman Investments Limited, a provider of strategic advice and investment banking services; a director of several technology companies; and a director of the Shore Capital Group-managed Puma II Fund which has a bias towards technology. Daniel holds a degree in Engineering and Business Administration and studied corporate finance at the London Business School. He is a member of both the Audit and Remuneration Committees.

Thomas Patrick Maxfield, Non-Executive Director

Thomas Maxfield joined the board in May 1999, having spent eight years until 1997 as the main board director of The Sage Group plc, a supplier of accounting software. His responsibilities at Sage included the development of a national reseller network, creating and maintaining telesales and field sales operations, and the creation of the group’s retail sales channel. On leaving Sage, Thomas founded Seaham Hall Limited, an independent private company, of which he is now a director, which acquires and develops hotel and restaurant properties. Thomas holds a Bachelor of Honours degree in Modern Languages. He is a member of both the Audit and Remuneration Committees.

Bernard Fisher, Non-Executive Director

Bernard Fisher joined the board in June 2000. He has over 30 years’ experience in the IT sector, both as an external advisor and in specific industry roles. Since March 2004 Bernard has been Executive International General Manager of Popkin Software and Services, which was recently sold to the Swedish firm Telelogic for $45 million. Prior to this, he provided business development advice to a range of high technology enterprises, and gained extensive experience in the management and growth of businesses throughout Europe and the US, both organically and through acquisition. Highlights of his illustrious career include being appointed as an independent non-executive director to the board of The Sage Group plc between 1989 and 1996, and representing 3i on the board of Adaytum, sold to Cognos for $160m in 2002. Bernard has also held a range of technical roles, starting with the BBC and culminating as European Technical Director for the ICL Group of companies. He is a member of both the Audit and Remuneration Committees.

Audit Committee

The Audit Committee comprises all of the non-executive directors – Daniel Goldman, Tom Maxfield and Bernard Fisher – and the Chief Finance Officer John Agostini. Executive directors are invited to attend meetings when it’s considered appropriate. The Committee is responsible for reviewing the half year and financial statements prior to submission to the board and monitoring the group’s systems of internal control. The Committee also ensures the independence and objectivity of the external auditors and reviews their provision of non-audit services. Taxation and legal advice are provided to the Company by independent advisors with experience in relevant jurisdictions.

Remuneration Committee

The Remuneration Committee is chaired by Daniel Goldman and comprises all three of the non-executive directors. When appropriate the Committee also invites the views of the Chief Executive. The Committee makes recommendations to the board – within agreed terms of reference – on the group’s framework of executive remuneration and cost. It also determines the remuneration and benefits packages for the executive directors and any changes to their service contracts.