UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
April 4, 2023
Commission File Number 001-38442
IBEX LIMITED
(Translation of registrant’s name into English)
Crawford House, 50 Cedar Avenue
Hamilton HM11, Bermuda
(441) 295-6500
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
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☒ Form 20-F
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☐ Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
IBEX LIMITED
FORM 6-K
Departure of Executive Officer
On March 31, 2023, Karl Gabel provided notice of his retirement and resignation as Chief Financial Officer of IBEX Limited (the “Company”). Mr. Gabel’s resignation will become effective June 30, 2023. He will continue to consult on an as needed
basis through a transition period ending on September 30, 2023. The Company has commenced a search for a new Chief Financial Officer.
Exhibits
IBEX Limited is furnishing under the cover of Form 6-K the following:
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Press Release issued April 4, 2023
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The information contained in this report on Form 6-K is hereby incorporated by reference into the Company’s registration statement on Form S-8 (File Nos. 333-242044 and 333-263228), to be a part thereof from the date on which this report is
submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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Date: April 4, 2023
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IBEX LIMITED
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By:
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/s/ Robert T. Dechant | |
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Name: Robert T Dechant
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Title: Chief Executive Officer
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Exhibit 99.1
ibex Announces Retirement of Chief Financial Officer Karl Gabel
Gabel to Remain in Role Until June 30, 2023
WASHINGTON – April 4, 2023 – ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement
technology solutions, today announced that Chief Financial Officer Karl Gabel has decided to retire, effective June 30, 2023, after a highly distinguished 19-year career with ibex. Gabel will continue to consult on an as-needed basis through a
transition period ending September 30, 2023. The Company has initiated a comprehensive search process for a new Chief Financial Officer.
“On behalf of the ibex family, I want to extend my deepest thanks to Karl for all he has done for ibex and for the tremendous impact he has made on our company, our clients, and our
shareholders,” said ibex CEO Bob Dechant. “During his tenure, Karl has driven a strategic vision for ibex’s financial success, which has helped transform the company. Today, ibex is a $500+ million global leader of customer experience outsourcing
solutions and is poised for continued growth and success. We wish Karl the very best in his retirement.”
Karl joined ibex in 2004. He became the Chief Financial Officer of Ibex Global Solutions, Inc. in 2007, and the Chief Financial Officer of IBEX Limited in 2017. During his tenure, Karl held multiple
finance leadership roles and his clear strategic vision helped ibex expand into new markets and geographies and drive substantial revenue growth and profitability.
“On behalf of the Board, I would like to thank Karl for his significant contributions at ibex,” said Mohammed Khaishgi, Chairman of ibex. “Over these last two decades, Karl has played a leading role
in reshaping ibex and helping to improve our operating and financial performance. We wish Karl well in his retirement.”
“It has been an honor and privilege to be part of the ibex family for nearly two decades,” said Gabel. “I am extremely proud of everything we have
accomplished and where the company is today. ibex has a world-class leadership team in place and is well positioned in the marketplace for future growth. I look forward to seeing ibex achieve new heights.”
About ibex
ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage, and retain valuable
customers. Today, ibex operates a global CX delivery center model consisting of 34 operations facilities around the world, while deploying next-generation technology to drive superior customer experiences for many of the world’s leading companies
across retail, e-commerce, healthtech, fintech, utilities and logistics.
ibex leverages its diverse global team of over 30,000 employees together with industry-leading technology, including its Wave X platform, to manage nearly 200 million critical customer
interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience. To learn more, visit our website at ibex.co and connect with us on LinkedIn.
Media Contact:
Dan Burris
ibex
Daniel.Burris@ibex.co
Investor Contact:
Michael Darwal
ibex
Michael.Darwal@ibex.co