Data#3 Limited announced that Laurence Baynham will step down from his role as Chief Executive Officer, on March 1, 2024. Mr. Baynham has been with the company for 29 years. As part of the company's longstanding succession plan the Board has subsequently resolved to appoint Brad Colledge to take over as Chief Executive Officer after a 4- month transition period, with effect on 1 March 2024.

Mr. Colledge has been with Data#3 for 28 years, having joined the Company in 1995. Commencing as an Account Executive, he went on to create and lead the Licensing Solutions business in 1997. He managed the Licensing business for 17 years before taking on responsibility for the broader Software Solutions business in 2013.

In 2014 he expanded his remit to the Infrastructure Solutions business and more recently Services. His current role is Executive General Manager of Software Solutions, Infrastructure Solutions and Services. He is a business graduate of the Queensland University of Technology and a Graduate of the Australian Institute of Company Directors.