US: Intermap Technologies announced that by mutual agreement with the Intermap board, Brian L. Bullock will be stepping down as the Company’s President and Chief Executive Officer (CEO). He will be succeeded by fellow director Howard J. Nellor, who will serve as an interim president and chief executive officer until the board completes a currently ongoing executive search.
Bullock will remain chairman of the board of directors and, in that capacity, will remain engaged with Intermap’s strategic initiatives and major sales as well as providing Nellor assistance with the transition. Larry G. Garberding, the Company’s lead independent director said, “The board is grateful for the enormous competence he demonstrated over the past six years at the difficult and complex task of managing the creation of the extraordinary NEXTMap database. Completed last month, on time and under budget, it will be a benefit to every citizen in the countries it covers.”
Nellor has over 40 years experience in sales, marketing and management in the technology field. In the past, he served as the president and CEO of Peerless Systems, a provider of imaging and networking technologies to the digital document market. In addition, he was proprietor of a consulting company where he specialised in product development, production and manufacturing process automation, crisis management and rebuilding and turn-around situations at various organizations in the US and Canada.
“Howard has experience with technology companies in transition,” stated Bullock. “He will be particularly well-qualified to oversee Intermap’s transition from a company primarily focused on data collection, to one driving products to its target markets. I look forward to working with him as the Company moves forward.”