IODM Limited announced the resignation of Tony Smith from its Board of Directors, effective 7th July 2023. Tony joined the Board in June 2019 to assist CEO Mark Reilly to restructure the business. Helping transition IODM's strategy away from SME focussed, Tony has helped evolve the business towards a more enterprise-focussed organisation, further aiding IODM's ability to scale globally.

Seeking to improve IODM's corporate governance, while also enhancing Board independence, Tony will step down from the Board immediately. Tony will continue to work closely with IODM's executive team - under a consultancy agreement - as the Company progresses the next phase of its global rollout of the IOD Connect platform.