AdEPT Tech.Group PLC - Directorate Change
("AdEPT" or the "Company", together with its subsidiaries the "Group")
AdEPT (AIM: ADT), one of the
The Board is pleased to announce that
Ian will continue to head the Group's acquisition initiatives, with Phil taking over the day to day management roles from Ian, while supporting him with M&A activities.
There are no changes to the composition of the
Over a 20-year career Phil has headed businesses within Xchanging, SSP, Sirius and Logica (formerly CMG). He has extensive and highly relevant experience of IT Outsourcing and enterprise software, having led companies that deployed global, complex, mission critical solutions. Born in
"Ian has successfully led the growth of AdEPT over the past 15 years from a start-up in his home in 2003 to a group of nearly 250 employees, generating an impressive
AdEPT is one of only three companies on AIM to have increased EPS in each of the last nine successive years and we now have a platform that is suitable for building into a much bigger group, able to execute larger and more sophisticated client requirements. The Board is very pleased to have secured the services of
On a personal note I'd like to thank Ian for helping make my work as Chairman a great pleasure. I've enjoyed working with him immensely throughout the last 15 years. We've enjoyed success together, and I'd like to wish him all the very best in his new role as Chairman and I look forward to supporting him as Deputy Chairman."
"I am pleased to welcome Phil as part of the Board at such an exciting time in the Company's history. We have built a diversified platform of complementary services that can expand both in terms of size and complexity of projects, but also further grow the geography within the
It is clear that Phil has the necessary skills and experience to run and grow a diversified technology business with a strong focus on sales and marketing. We share the key values that make AdEPT so special - particularly in how we treat employees and customers. I am grateful to be able to continue to serve as Chairman and watch the Group to continue grow and prosper."
"I am delighted to be appointed as Chief Executive of AdEPT. It has become clear that AdEPT has huge strengths and great potential with a superb culture. I very much appreciate the expertise Ian has imparted since I joined and we have a shared vision for the business. These are exciting times in the ever changing and converging world of technology and communications. I look forward to building upon the strong foundations created by Ian and his leadership team, and developing close relationships with our partners and customers."
There are no other matters which are required to be disclosed in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies.
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Quick facts: AdEPT Technology Group PLC
Market Cap: £60.07 m
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