SECOS Group Limited announced changes to its CEO Position. Current SECOS Executive Chairman, Mr. Richard Tegoni will take on the role of CEO. The changes will be effective from 1 February 2023.

After four years as SECOS CEO, Mr. Ian Stacey will step down to focus on sales and strategic partnership development including working with Industry participants and corporate development opportunities. Mr. Tegoni has served as Executive Chairman on the SECOS Board since October 2013 and brings over ten years' experience in the biopolymer industry together with experience in several senior executive roles across a range of industries. Mr. Tegoni was a very early-stage investor into the biopolymer industry and has guided the business from a small start up to become a global player in compostable products and technology making him an ideal person to take the helm as CEO and lead the Company on its next stage of growth.