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EROAD Limited (ASX:ERD)

ALERT: Price-sensitive ASX Announcement for ERD
Current share price for ERD : $0.815 -0.07 (-7.91%)+
Announcement
Release
4 Aug 2026 7:30AM
Price at Release
$0.885
Full Release
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Summary
EROAD Limited announced the appointment of David Leach as the new Chief Executive Officer, effective October 12, 2026. David Leach, based in New Zealand, has vast experience in technology leadership and has successfully scaled software businesses globally. His previous role was CEO of JAVLN, and he also led Cin7 to significant revenue growth. EROAD's Executive Chair, John Scott, highlighted Leach's skills in scaling businesses and driving growth as crucial for EROAD's future execution phase. The appointment completes the reshaping of EROAD's leadership team, which aims to leverage its AI-native platform for smarter, connected transportation solutions. David Leach's remuneration package includes a base salary, short-term and long-term incentives, and executive benefits. The Board has extended John Scott's role as Executive Chair to ensure leadership continuity until Leach assumes his position.
Key Points
  • EROAD Limited appoints David Leach as CEO, effective October 12, 2026.
  • David Leach has a background in technology executive roles, including as CEO of JAVLN and Cin7.
  • The search for a new CEO was thorough and competitive.
  • John Scott, EROAD's Executive Chair, supports Leach's appointment for his ability to scale software businesses.
  • EROAD's leadership team reshaped for improved focus on its AI-native platform.
  • Remuneration package includes a base salary, short-term, and long-term incentives.
  • John Scott's role as Executive Chair extended for leadership continuity.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.