Travel technology firm Datalex has appointed Sean Corkery as a non-executive director and deputy chairman of the company's board with immediate effect.
Sean Corkery is a technology industry veteran with over 35 years of experience in the sector.
He has worked at a number of information technology and telecoms companies including Actavo, Dell, ESAT Telecom, AST Computers/Samsung and Apple.
He is currently chairman of the Actavo Group, CTI Global and Hibernia College and is a non-executive director at Digicel and Nualtra.
Datalex also said today that the process to appoint a new Chief Financial Officer is progressing well and it expects to make an announcement in the coming weeks.
Its chief financial officer Dónal Rooney announced in February that he was stepping down from the board after joining the company in December.
Datalex last month confirmed that a review of its accounts found its revenue, adjusted EBITDA and profit for the six months to the end of June were misstated.
The review, carried out by PwC, also found that Datalex's recognition of services revenue for the six month period was not in line with its accounting policy and was "materially overstated".
The review also found that Datalex had incorrectly recognised about $3.5m of services revenue in its half yearly results as a result of a contract which took far longer to complete than originally expected.
It also identified about $2.9m of other services and platform revenue that was incorrectly recognised in the first half of 2018.
$0.7m of this has been determined not to be recoverable, with the balance being revenue that will be recognised in the second half of 2018 or in the 2019 financial year.
Datalex last month raised €3.86m through a placing of new ordinary shares and has also entered into a conditional €6.14m secured loan facility agreement with its biggest shareholder – Dermot Desmond's investment company IIU.
In a statement today, the company's chairman Paschal Taggart said that board renewal remains a core focus for Datalex. He said it will make further announcements in due course.