CloudCoCo Group appoints Mike Lacey to its Board of Directors as CFO alongside Jill Collighan stepping to Non-Executive Director

– UK, Leeds –  CloudCoCo Group Plc (LON: CLCO), the AIM-quoted provider of IT as a Service, today announced the appointment of Mike Lacey to the board of directors of the Company with immediate effect. Mike replaces Jill Collighan as the CFO, with Jill remaining on the board as a Non-executive Director.

“We are delighted that Mike is joining the board as CFO and will be working full-time in the business. He brings a wealth of relevant experience that will be invaluable as we continue with the CloudCoCo integration,” said Simon Duckworth, Non-Executive Chairman.

“We also would like to thank Jill for her contribution during a period of significant change for the business and look forward to continuing working with her as a Non-Executive Director” he added.

About Mike Lacey

Mike has over 30 years of experience working in senior finance roles across a variety of sectors. His career started at Ernst & Young followed by roles at AMEC plc, Kwik Save Group plc and the Co-operative Group then as Finance Director of Calyx UK Limited. Between 2013 and 2017, Mike was Finance Director at Character World Limited, a supplier of licensed bedding products to UK retailers working with companies such as Disney, Dreamworks and Universal Studios.

Mike has also run his own consultancy business and has worked with SMEs to £750m turnover companies on projects such as turnarounds, fundraisings or business sales. Mike is a Fellow of the Institute of Chartered Accountants in England and Wales and holds an MBA from the University of Warwick.

About CloudCoCo

CloudCoCo is a people-led business first and foremost, with a team of Microsoft, cloud, telephony, IT hardware, security, support and connectivity experts. We unlock business optimisation and transformation, providing cost savings, streamlined workflows and innovative IT solutions to business problems for clients of all sizes.

We use our knowledge and significant industry experience to provide IT solutions that support our customers’ business activities and help them create a competitive edge by providing the alternative to the archaic managed IT services models. Through collaborative partnerships with an ecosystem of solution and service providers and vendors, we also champion putting the power back into the hands of customers, offering easy-to-use self-service options.

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