Seeing Machines Ltd - Canberra, Australia-based advanced computer vision technology company - Hires Martin Ive as chief financial officer, who will join from the Australian multinational software company Altium Ltd on Monday where he has held a few roles including senior vice president at finance division and where he is chief financial officer.

Additionally, Seeing Machines confirms CFO Naomi Rule will step down to "pursue other opportunities".

Chief Executive Officer Paul McGlone says: "Martin is a highly experienced finance professional and chartered accountant, who was responsible for leading the development of Altium's business intelligence capabilities to provide insights and information, guiding operational and strategic decisions."

Current stock price: 6.69 pence each, down 3.7% on Friday afternoon in London

12-month change: down 41%

By Xindi Wei; xindiwei@alliancenews.com

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