– UK, Nottingham – SysGroup plc (AIM: SYS), the managed IT services and cloud hosting provider, announces the following Board changes:
Chris Evans, Chief Executive Officer, has, due to longstanding health issues, notified the Board of his intention to step down from the Board with effect from 30 November 2017. Michael Edelson, Non-Executive Chairman, has become interim Executive Chairman supporting Adam Binks and Julian Llewellyn, COO and CFO respectively, whilst a process is undertaken to appoint a permanent successor.
Chris Evans has entered into a restriction on the sale of shares held by him.
In addition, the Board announces the appointment of Mark Quartermaine, as Non-Executive Director, to the Board with immediate effect.
Mark has over 30 years’ experience in the ICT industry in a variety of executive, sales and marketing roles. He started his career at IBM in 1984 where he held different executive positions both in the UK and abroad culminating in running the point of sale business in the US, as the Worldwide Marketing Director for the Retail Division.
Since leaving IBM in 2001 Mark served as COO on the board of NSB Retail and held various roles at BT Global Services. He then moved to be the CEO at Azzurri Communications and a Non-Executive Director at Prologic plc, which was successfully sold in 2012.
In January 2013 Mark joined the board of Alternative Networks as a Non-Executive Director, he subsequently moved to become COO in January 2014 and was then appointed CEO in September 2015. Alternative Networks was subsequently sold to Daisy Group for £165 million in December 2016. Mark left the company in May 2017 after concluding a successful transition.
Michael Edelson, Executive Chairman of SysGroup, said: “On behalf of the Board, I would like to thank Chris for his years of dedication to the Group where he has overseen the transformation of SysGroup into a business increasingly focused on servicing the high value managed services market. Chris leaves the Company with a focused business platform as we enter this next stage of our evolution and growth.
“We are delighted to welcome Mark to the Board, who brings with him a wealth of sector and quoted company experience. Mark joins at a pivotal time for the Group following our recent acquisition of Rockford IT Ltd. Mark will prove a valuable sounding board as we continue to execute our strategy of organic growth supplemented by strategic acquisitions.”
About SysGroup
SysGroup is a leading provider of Cloud Hosting, Managed Services and expert IT Consultancy. The Group delivers solutions that ensure clients understand and benefit from industry-leading technologies and advanced hosting capabilities. The SysGroup team focuses on a customer’s strategic and operational requirements – enabling them to free up resources, grow their core business and avoid the distractions and complexity of delivering IT services.
For more information : http://www.sysgroup.com
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