Gamma Communications PLC Directorate Change (9128H)
March 16 2018 - 2:00AM
UK Regulatory
TIDMGAMA
RNS Number : 9128H
Gamma Communications PLC
16 March 2018
16 March 2018
Gamma Communications plc
Directorate changes
Gamma Communications plc ("Gamma"), a leading technology based
provider of communications services to the UK business market,
announces the following Board changes:
After 15 years at Gamma, Chief Executive Bob Falconer has
informed the Board of his decision to retire at this year's AGM.
The Board is pleased to announce the appointment of Andrew Taylor
as Chief Executive designate. Andrew will join the Board as an
executive Director on 4(th) April and will take over the role of
Chief Executive following the conclusion of the AGM on 23(rd) May
2018. Bob will remain involved in the business over the coming
months to ensure a smooth transition and handover.
Andrew has over 22 years' experience in the telecommunications
industry, and has a demonstrable track record of achievement in
previous roles, both in the UK and internationally. Until recently,
Andrew was Chief Executive Officer of Nomad Digital, a provider of
IP connectivity and digital solutions to the global transportation
sector. In this role (2013-2017), Andrew was responsible for
establishing Nomad as a leader in the sector, and when acquired by
Alstom in 2017, was serving over 50 global customers from 20
offices.
Before joining Nomad, Andrew was Digicel's Regional Chief
Executive Officer (2012-2013), with responsibility for all fixed
and mobile operations across the Northern Caribbean. In this role,
Andrew had responsibility for all fixed network services and
business / ICT solutions across 26 international markets, and was
responsible for driving significant growth in both revenues and
profitability.
From 2008 to 2010, Andrew was Chief Executive of Intec Telecom
PLC, a provider of software solutions, with over 400 customers
located in 120 countries, and served by over 1,700 employees. After
a period of significant growth and business improvement, Intec was
acquired by CSG in 2010.
In the period before 2008, Andrew held a number of management
and operational roles across the Telecommunications industry,
including senior positions at both Alcatel-Lucent and British
Telecom.
Richard Last, Chairman, commented:
"On behalf of the Board, everyone at Gamma and our shareholders,
I would like to place on record our thanks to Bob for his
leadership and dedication to the Company over the last 15 years.
During his time as Chief Executive, Gamma successfully transitioned
from a start-up provider of wholesale voice services to become a
serious force in the business communications market through the
development of market leading products and services. During this
period, Gamma also completed its successful IPO on the London Stock
Exchange. Bob leaves Gamma in a great position with a very capable
senior team and many exciting opportunities ahead.
On a personal level, I would like to thank him for everything he
has done while I have been Chairman at Gamma. I have enjoyed
working with him immensely and wish him the very best in his future
pursuits.
"At the same time, I would like to welcome Andrew to the
Company. Throughout his career in telecommunications, he has
demonstrated the necessary skills and experience to continue the
success Gamma has seen to date, and capitalise on the significant
market opportunities ahead. We are looking forward to working with
him."
Bob Falconer, Chief Executive Officer, said:
"It has been a tremendous privilege to have had the opportunity
to lead Gamma for fifteen years to the excellent position that the
business is in today. Having given it much consideration, I had
indicated to the board that 2018 was the right year for me to step
back from full-time executive responsibilities. I have been really
pleased with the support the board has given with this decision and
the planning of my succession. I have real confidence that Andrew
will both maintain the momentum of the business and bring fresh
skills and experience to bear. Gamma is in great shape, with a
strong established management team, a highly experienced board, and
a great reputation in the market. The future opportunities for the
business are really exciting and I'm looking forward to working
with Andrew over the coming months as we smoothly transition
responsibilities across."
Andrew Taylor, Chief Executive designate, added
"I look forward with great excitement to becoming Chief
Executive of Gamma. As someone with significant experience in this
industry, I am acutely aware of the strong reputation Gamma has
among its customers, channel partners and peers for its innovative
products and unrivalled customer service. I will strive to maintain
that while continuing the progress the Company has made under Bob's
leadership."
Additional information:
Andrew George Taylor, aged 49, currently holds or has held the
following directorships or partnerships in the past five years:
Current Directorships Previous Directorships
or Partnerships or Partnerships
---------------------------- -----------------------
MDS CEM Holdings Ltd Nomad Digital Ltd
---------------------------- -----------------------
Nomad Digital GmbH Nomad Solutions UK Ltd
---------------------------- -----------------------
Nomad Digital Pty Ltd Nomad Spectrum Ltd
---------------------------- -----------------------
Nomad Digital India Private Nomad Digital Networks
Ltd UK Ltd
---------------------------- -----------------------
New Lavastorm (2017) Nomad West Coast Ltd
Ltd
---------------------------- -----------------------
W12 Consulting Ltd Nomad Digital (India)
Ltd
---------------------------- -----------------------
There are no other matters which are required to be disclosed in
accordance with Rule 17 and paragraph (g) of Schedule Two of the
AIM Rules for Companies.
Enquiries:
Gamma Communications plc Via Tulchan
Communications
+44 (0) 207
Investec Bank plc (NOMAD & Broker) 597 5970
Patrick Robb / Andrew Pinder /
Sebastian Lawrence
+44 (0) 207
Tulchan Communications 353 4200
James Macey White / Matt Low
This information is provided by RNS
The company news service from the London Stock Exchange
END
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