– UK, London – Pinnacle Technology Group plc (AIM: PINN) the AIM listed provider of converged technology solutions today announces the appointment of a new Chief Executive
Further to the announcement made on 6 December 2013 when the Company’s existing Chief Executive, Alan Bonner, announced his intention to seek a successor, we are delighted to announce the appointment of Nicholas Scallan as the new Chief Executive with effect from 3rd March 2014. Alan Bonner shall remain in his position as Chief Executive until such date, overseeing the handover to Nicholas.
Nicholas has a distinguished career record with some of the best names in the industry and is well equipped to deliver the leadership needed to take the Company into the future. He was most recently Director of Customer Solutions at Virgin Media Business and before that he spent nine years at Virgin Media, holding a number of commercial and operational roles including P&L management of the data products portfolio, customer engineering, and has overseen a number of organisational restructuring activities. Before Virgin Media, Nicholas was at Energis, responsible for broadband, data and internet related programmes. In The Netherlands he held the position of Networks Director for Enertel NV, and was involved in the sale of the business to a Dutch venture capital group. He studied Electrical Engineering at the University of Strathclyde, is a Chartered Engineer and a member of the Institute of Engineering and Technology.
Chairman of Pinnacle, Dr James Dodd, said: “I am delighted to welcome Nicholas to Pinnacle as we embark on the next phase of the Company’s development. With a refreshed Board and senior management together with a supportive shareholder base, we are very optimistic that we now have all the elements in place to grow the Company into one of the UK’s leading players.
The Board would like to express its gratitude to the outgoing Chief Executive, Alan Bonner, for his entrepreneurship in having built the Company from its start-up phase, to the extensive portfolio of products and skills it offers today. We look forward to Alan’s continuing counsel and support as a major shareholder of the company.”
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