FADEL Partners, Inc. has announced the appointment of Ian Flaherty as the new Chief Financial Officer, effective from 14th February 2024. Ian, a Certified Public Accountant, brings extensive experience from his previous roles in financial management and professional practice at Ernst and Young, LLP. The company expressed its gratitude to Vicary Gibbs, who stepped down from his role as CFO and resigned from the Board to pursue other opportunities, acknowledging his significant contribution, particularly in relation to the successful IPO of the company.
The company's revenue for the year ended 31 December 2023 was in line with market expectations, as stated in the trading update on 31 January 2024. The Board remains confident about the company's prospects. The announcement also highlighted FADEL's position as a developer of cloud-based brand compliance and rights and royalty management software, serving leading licensors and licensees across various industries. The company's main country of operation is the United States, with additional operations in the UK, France, Lebanon, and India.
FADEL's solutions include IPM Suite for rights and royalty management and Brand Vision, an integrated platform for Brand Compliance & Monitoring. The company combines rights management and content compliance with sophisticated content services, AI-powered visual search, and image and video recognition. The appointment of Ian Flaherty to the Board is subject to regulatory and due diligence checks, with further announcements to follow in this regard. For further information, the company provided contact details for Tarek Fadel, Chief Executive Officer, and the relevant corporate finance and communications teams.