Brendan Mooney returns as CEO of Kainos after a 7% drop in shares and previous CEO's sudden exit.

Brendan Mooney, former CEO of Kainos, a leading UK IT provider, has been reappointed as the company’s chief executive following Russell Sloan's immediate departure. Mooney, who originally helmed Kainos for 22 years and led a successful IPO in 2015, is returning amid a drop in company revenue. His comeback was met with a 7% rise in Kainos' share price. The company’s financial outlook for the year ending March 2025 remains unchanged.

3 months ago
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