InvestSMART

Nuix Limited (ASX:NXL)

ALERT: Price-sensitive ASX Announcement for NXL
Current share price for NXL : $1.270 -0.22 (-14.77%)+
Announcement
Release
4 May 2026 8:35AM
Price at Release
$1.490
Full Release
download
Summary
Nuix Limited announced the appointment of John Ruthven as its Chief Executive Officer and Managing Director, effective May 4, 2026. He previously served as the Interim CEO while the company conducted a global search for a permanent replacement. The board praised his leadership and chose him for his deep understanding of the company and strategic approach. Ruthven's employment terms include a fixed compensation of $900,000 per annum along with short-term and long-term incentives, and provisions for living and travel arrangements due to his residence in Brisbane. His professional background includes significant roles at Integrated Research Limited and other technology firms.
Key Points
  • John Ruthven appointed CEO and Managing Director of Nuix Limited effective 4 May 2026.
  • Ruthven previously served as Interim CEO from November 2025 during a global search for permanent CEO.
  • Robert Mactier, Chair of Nuix, praised Ruthven's strategic and diligent leadership during interim period.
  • Ruthven's compensation package includes $900,000 annual fixed compensation, with STIP and LTIP incentives.
  • Living arrangements include accommodation and travel reimbursement between Brisbane and Sydney.
  • Ruthven has held senior leadership roles in various technology firms including Integrated Research Limited.
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.