Urbanise.com Limited announced the resignation of Almero Strauss as Non-Executive Chairman, effective 18 April 2023. Mr. Strauss will remain a Non-Executive Director. He will be succeeded by Sam Cuccurullo who has been a Non-Executive Director of Urbanise since April 2021.

The Company also announced the appointment of Darc Rasmussen as Non-Executive Director, effective 18 April 2023 and resignation of Daniel Bignold from the Board effective 13 June 2023. Following five years in the role, Almero Strauss has decided to step down as Chairman but will remain on the Board. Sam Cuccurullo has been appointed Independent Non-Executive Chairman.

Mr. Strauss will continue as a member of the Audit and Risk Committee and Remuneration and Nomination Committee. Mr. Cuccurullo joined the Urbanise Board in April 2021 and is Chair of the Remuneration and Nomination Committee and a member of the Audit and Risk Committee. He has broad experience in property services and a deep understanding of the facilities management industry in the Asia-Pacific region.

Until March 2020, Mr. Cuccurullo was Head of Property & Asset Management, APAC for Cushman & Wakefield and from 1995 to 2014, Executive Managing Director of Asset Services, APAC for CBRE. Tod McGrouther, who has served on the Urbanise Board since October 2018, will replace Mr. Cuccurullo as Chair of the Remuneration and Nomination Committee. Urbanise advises that Darc Rasmussen will join the Board as a Non-Executive Director, effective 18 April 2023.

Daniel Bignold, who joined the Urbanise Board in October 2022, has resigned as a Non-Executive Director but will continue with the Company in an advisory capacity. Mr. Rasmussen is a seasoned enterprise software professional with over 25 years' experience building successful Software-as-a-Service (SaaS) and cloud-based businesses across global markets. In a wide-ranging career, Mr. Rasmussen has contributed to the growth of private and public companies in Europe, the USA and APAC including Infor, SAP, IntraPower (Trusted Cloud) and Integrated Research.