- Computer vision technology company Seeing Machines said that both chief executive Ken Kroeger and chairman Jack Boyer had resigned with immediate effect.

Kroeger had been replaced in an interim capacity by current fleet business head Paul McGlone, who joined the company last year.

Seeing Machines said that Kroeger, who had been at the helm since 2011, had acknowledged that the company now required a CEO who could 'commit, long-term, to the successful delivery of the unique strategic opportunity that Seeing Machines has established'.

Boyer, meanwhile, had been replaced as chairman in an interim capacity by current director Kate Hill.

Boyer had advised that his current and future directorships and other professional commitments meant he was no longer able to dedicate the requisite time.

At 1:20pm: [LON:SEE] Seeing Machines Ltd share price was -0.25p at 2.92p

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