AVEVA Group plc announced that, after careful consideration, the Directors have requested that Philip Aiken remains as Chairman for a further year beyond AVEVA's 2022 AGM. Philip continues to provide exceptional leadership, which is particularly valuable as its complete the successful integration of OSIsoft and embed the foundations to support the next phase of subscription-led growth. In addition, from 1 March 2022, James Kidd, AVEVA's Deputy CEO and CFO, will become AVEVA's Chief Strategy and Transformation Officer.

James will remain on the Board as one of the two Executive Directors. This role will focus on driving both organic and inorganic growth initiatives. The role of Chief Financial Officer will be assumed by Brian DiBenedetto, also starting on 1 March.

Brian has made a valued contribution to AVEVA's finance function during James' recent period of compassionate leave, having transferred from Schneider Electric.