Altitude Group PLC Board and Management changes (1039V)
January 25 2017 - 7:22AM
UK Regulatory
TIDMALT
RNS Number : 1039V
Altitude Group PLC
25 January 2017
Altitude Group plc
("Altitude" or "Group")
Board and Management Changes
Altitude Group plc (AIM: ALT), the provider of innovative
technology solutions for small to medium sized businesses, is
pleased to announce the following leadership and board changes:
-- Peter Hallett has become Executive Chairman from
Non-Executive Chairman with immediate effect
-- Martin Varley to become Group President with effect from 1 February 2017
-- Sanjay Lobo to join as Managing Director with effect from 1 February 2017
-- Gellan Watt to become an Independent Non-Executive Director with effect from 1 February 2017
-- Richard Sowerby to step down from the Board with effect from 30 April 2017
Commenting on the changes, Martin Varley said:
"It is a privilege to be able to welcome such outstanding
business people to the Board. Sanjay and Gellan each have
successful track records and bring a wide range of relevant skills,
knowledge and experience to the Group at this most exciting time of
our development.
"When I returned to the CEO role in 2015 I was tasked with
creating an environment where we could attract and retain the best
talent in the business and the appointments announced today show
just how far the business has come in a relatively short
period.
"I would like to thank Richard Sowerby for his incredible
contribution to the business and the Board wishes him every success
in his business ventures.
"Our team work tremendously hard. They are dedicated, passionate
and innovative and very smart people. With the strength of the new
Board, I am confident that they can be challenged to deliver even
more by benefitting from new ideas and concepts."
Commenting on his appointment to the role of Executive Chairman,
Peter Hallett said:
"I look forward to increasing my involvement at Altitude as we
look to maximise our return from our exciting suite of
applications, particularly helping to develop our finance function
and increasingly help Martin to accelerate the evolution of the
business."
Sanjay Lobo
Sanjay is a seasoned e-commerce leader with a background of
revenue growth through strategic partnerships with large
multinational companies and brands.
Sanjay will join Altitude following seven years at Vistaprint.
There he ran a variety of teams across the $300m revenue European
business before heading Vistaprint's partnership business where he
delivered strong growth, launching into new markets and products.
Success in that role led to the launch of Vistaprint Corporate
Solutions, which focused on the mid and enterprise market, and
where Sanjay ran sales and marketing for North America and
Europe.
Prior to Vistaprint, Sanjay spent several years on the executive
team at lastminute.com, overseeing all major deal activity and
enjoyed a successful early career in law.
Sanjay will join the Group with effect from 1 February 2017 and
will be appointed to the Board in due course following completion
of customary due diligence.
Gellan Watt
Gellan is a Global Brand Strategist and the founder of an
award-winning creative and marketing communications agency.
Gellan founded Thinking Juice, the integrated creative and
digital agency, in 2003. Thinking Juice was named Marketing
Industry UK Agency of the Year, UK's Most Effective Agency, UK's
Best in Strategy and was an RAR Recommended Agency for seven years
running, winning numerous awards for their work for domestic and
global brands.
In 2011 Thinking Juice merged with Emerge Group, which became
the twelfth largest independent agency group in the UK, with Gellan
taking the role of Managing Director and Chief Creative Officer. He
also held a EMEA board role for AMIN Worldwide (the global
independent agency network). He was placed in Elite Business' Top
15 Media Industry Power Faces in 2015 as well as The Drum's
Marketing Power 100 and has been named Marketing Industry Managing
Director of the Year.
Following the successful sale of Emerge Group in 2016, he now
consults with global agencies and brands and start-ups on growth
and brand strategy.
Peter Hallett
Peter becomes Executive Chairman having joined as a
Non-Executive Director in 2015 and becoming Non-Executive Chairman
in January 2016. Peter is an experienced public company director
and was until early 2014 Group Chief Financial Officer of both
Redcentric plc, the AIM-quoted UK network and cloud managed service
provider, and Castleton Technology plc, the AIM-quoted
infrastructure and network managed services provider.
Richard Sowerby
Richard joined the board in July 2013 and has helped to reshape
the Group into the business it is today. He will step down from the
Board on 30 April 2017.
Enquiries:
Altitude Group plc
Peter Hallett, Chairman 07887 987469
WH Ireland Limited (Nominated
Adviser and Broker)
Tim Feather/Ed Allsopp 0113 394 6600
Appendix
Gellan Watt, aged 40, is, or has been within the last five
years, a director or partner in the following companies and
partnerships:
Current directorships Past directorships and partnerships
and partnerships held within the last five
years
Gellan Watt & Associates
Limited Aylesworth Fleming East
Rotterdam Brands and Midlands Limited
More B.V. Emerge Limited
Marketing Matters Limited
Thinking Juice Limited
There are no other disclosures in accordance with Schedule 2(g)
of the AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBDGDBCBDBGRU
(END) Dow Jones Newswires
January 25, 2017 07:22 ET (12:22 GMT)
Altitude (LSE:ALT)
Historical Stock Chart
From Apr 2024 to May 2024
Altitude (LSE:ALT)
Historical Stock Chart
From May 2023 to May 2024