Decidr AI Industries Ltd (ASX:DAI) has disclosed planned changes to its Board of Directors, including the appointment of two new non-executive directors, a role change for its Executive Chairman, and the retirement of an existing director, as the company begins the commercial release of BusinessOS and LifeOS and expands its leadership presence in North America.

Key Points

  • Adrian Bunter to become Non-Executive Chair, having served on the DAI Board since March 2024, leading the Board from Australia.
  • David Brudenell to move from Executive Chairman to Executive Director, relocating to North America from 1 January 2027 to lead US operations.
  • David McCredie AM OBE and Patrick J. McGinnis to join the Board as Non-Executive Directors following the conclusion of the company's AGM.
  • Jenny Fielding to retire as Non-Executive Director after more than two years on the Board.
  • Following appointments expected after 20 November 2026, the Board will comprise four directors, three of whom are non-executive, with an independent Non-Executive Chair.

Board Leadership Transition and Chair Appointment

Adrian Bunter will assume the role of Non-Executive Chair of DAI. Mr Bunter joined the Board in March 2024 and brings more than a decade of ASX and high-growth company board experience, including as Non-Executive Director of 8common Ltd (ASX: 8CO) and Non-Executive Chairman of Professional Superannuation Management Pty Ltd. He is a Partner of a specialist technology, media and commerce financial advisory firm, a member of the Executive Committee of Sydney Angels, and a Chartered Accountant. The change separates the roles of Chair and executive leadership, consistent with Recommendation 2.5 of the ASX Corporate Governance Council's Corporate Governance Principles and Recommendations.

David McCredie AM OBE Joining as Non-Executive Director

David McCredie will join the Board as a Non-Executive Director following the company's annual general meeting. Mr McCredie spent 13 years as Chief Executive Officer of the Australian British Chamber of Commerce and was a key adviser to both governments during the negotiation of the Australia–United Kingdom Free Trade Agreement. He was appointed an Officer of the Order of the British Empire in 2020 and a Member of the Order of Australia in 2022. Mr McCredie is currently a Non-Executive Director of Identitii Ltd (ASX: ID8), holds a Bachelor of Arts and an MBA, and is a Graduate of the Australian Institute of Company Directors.

Patrick J. McGinnis Appointed Non-Executive Director

Patrick J. McGinnis will join the Board as a Non-Executive Director following the AGM. Mr McGinnis is a New York-based venture capitalist with more than 25 years of experience in private equity, venture capital and emerging markets. He is Managing Partner of Dirigo Advisors since 2010, an Independent Director of IBEX Limited (Nasdaq: IBEX), and a venture partner and Investment Committee member of Salkantay Ventures. He holds a B.S. in Foreign Service from Georgetown University and an MBA from Harvard Business School. Mr McGinnis coined the terms "FOMO" and "FOBO" in a 2004 Harvard Business School article and is the author of Fear of Missing Out and The 10% Entrepreneur.