GLASGOW-based DeepMatter has announced a boardroom shake-up as the chemistry technology specialist eyes growth in international markets.

The company has recruited technology sector veteran Karen Bach to be chair of its board.

DeepMatter has also recruited a new chief financial officer to replace Lauren Lees, who stood down from its board yesterday.

Fraser Benson has taken up the CFO’s role after working for firms in sectors ranging from software development to hospitality.

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DeepMatter’s chief executive Mark Warne said the new recruits would bring valuable skills and experience as the company looks to scale up and to enter new territories.

The Aim market-listed digital chemistry specialist thinks it has good growth prospects after developing products it reckons can help speed the drug development process.

These include DigitalGlassware, which chemists can use to record huge amounts of information about experiments for sharing online.

The company has said this could allow chemists to work in a socially distanced environment amid concern about the potential for the coronavirus to spread in workplaces.

DeepMatter said: “Karen Bach brings significant public and private technology expertise, particularly focused on helping young technology businesses deliver on their growth potential.”

Ms Bach serves on the boards of a range of technology business, including video streaming specialist Amino Communications and Datapharm, which publishes information about medicines.

She has worked in senior finance roles for others such as logistics software developer Kewill.

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DeepMatter noted Ms Bach is a member of the 30% Club, which supports boards to appoint more female directors and increase the pipeline of upcoming female talent at board and senior management levels.

She has agreed to subscribe for 500,000 new ordinary shares in the Company at a price of 2.5p per share.

Mr Benson spent eight years at the Tradeweb trading software business, latterly as finance director, Europe and Asia.

He previously worked for Whitbread and cxLoyalty.

DeepMatter said of Ms Lees: “Having seen the company through to commercialisation, the board thanks Lauren for her contribution to DeepMatter and wishes her all the very best for the future.”