TechnologyOne addresses CFO's prior employment at CTM

TechnologyOne Limited announced on December 8 that it has addressed shareholder enquiries regarding its chief financial officer, Cale Bennett, and his prior employment at Corporate Travel Management (CTM), which is currently in the news. Cale Bennett has served as TechnologyOne's chief financial officer for over two years, contributing to the company's financial and corporate services growth and its progression towards becoming an ASX50 company.

Both TechnologyOne's chair and chief executive have engaged with Cale Bennett concerning the issues at CTM. Bennett has assured the company that he is comfortable with his position and capable of continuing to lead the finance and corporate services teams. Given his positive performance and reassurances, TechnologyOne is confident in his ongoing leadership.

The company will closely monitor the evolving situation at CTM and consider any new information that may arise. The announcement was authorized for release by the managing director and chair.