– UK, Sutton Coldfield – Castleton Technology plc (AIM:CTP), the software and managed services provider to the public and not-for-profit sectors, announces that Ian Smith, Deputy Chairman, has stepped down from the board of directors and that Paul Gibson has been appointed as Non-Executive Director of the Company.
Paul is a partner at MXC Capital Limited and has had a highly successful career in the TMT sector, most recently as Chief Operating Officer of Advanced Computer Software Plc prior to its acquisition by Vista Equity Partners for £725 million. In his five years at ACS Paul oversaw a period of exceptional value creation and transformation, with responsibility for driving both organic and acquisitive growth. Prior to ACS, Paul held a number of senior roles in both financial and operational capacities, latterly as Finance Director of Redac Limited, the Alchemy backed turnaround that was subsequently sold to ACS for £100 million. The foundations of Paul’s career were built at Unigate, GrandMet (now Diageo) and Oracle. Paul is a qualified accountant and currently sits on the board of Tax Systems plc as Non-Executive Director.
David Payne, Non-Executive Chairman of Castleton, said: “I would like to thank Ian for his instrumental role in establishing and delivering Castleton’s organic and acquisitive growth strategy, formerly as CEO and latterly as Deputy Chairman. During his tenure on the board we have built a leading supplier of software and IT managed services within the public and not for profit sectors and he leaves us well placed to maximise the opportunities we see in our chosen markets.
I would also like to welcome Paul to the board and look forward to the experience and insight he brings as we embark on the next stage of Castleton’s growth and development.”
About Castleton Technology plc
Castleton Technology plc is a leading supplier of complementary software and managed services to the public and not-for-profit sectors. The acquisitions of Montal, Documotive, Opus, Keylogic, Brixx, Impact Applications and Kypera bring together an exceptional suite of solutions, providing the foundation for this platform. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service.
For more information : http://castletonplc.com
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
