ITRS Shuffles Execs

Stephen Bates, ITRS

Stephen Bates, chief executive of systems and latency monitoring vendor ITRS, will step down on April 1 to become executive chairman and director of business strategy, responsible for overall strategy and exploring new opportunities.

Kevin Covington, currently deputy CEO and European managing director, will take over Bates’ role, with responsibility for day-to-day running of the company. At the same time, chief technology officer Misha Kipnis will become director of technical strategy and

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