Adrian Marshall is appointed as Chairman of the Board, replacing Stephen Grant who steps down from this position after twelve years’ service and assumes a non-executive position on the Board.
In taking on his new role as Chairman, Adrian steps down from his current position as joint Chief Executive Officer, but is also appointed Chief Operating Officer, taking over from outgoing COO, Robert Grant who also moves to a non-executive position. Jeremy Ward assumes the role of sole Chief Executive Officer.
Adrian commented: “These appointments allow us to move to a more commercial management structure both in terms of Board make-up, which now includes executives and non-executives, and at Chief Executive level. It provides clarity and represents a natural evolution of roles as well as offering an opportunity for us to extend the Executive suite.”
Jeremy added: “The Board is confident that this new set up ensures that the right people are in the right roles as we continue to grow the business. Excelian has both the leadership and the staff to build on its existing strengths and to develop in the new sectors, geographies and service areas that will ensure future sustainability and growth.”
In addition to the above developments, Mike Feely will join the Excelian Board from January 2013. Mike’s appointment as Chief Financial Officer earlier this year completed the insourcing of the Operations and Finance areas, allowing the provision of a service to the business that is more appropriate for the size and international nature of Excelian’s business today.
Mike comments: “With current revenues approaching £30 million and as we look to double in size again, the key for the future and my priority as CFO is that Excelian’s continued growth is achieved in a profitable and cash generative way.”