Wed. Sep 27th, 2023
    Iomart Seeks Leadership Renewal as Chairman and CEO Step Down

    In a recent announcement, Iomart Group, the Stirling-based health tech firm, revealed that both its chairman, Ian Ritchie, and CEO, Reece Donovan, will be leaving the company. This leadership shake-up comes as Iomart seeks to position itself strategically in the ever-expanding IT cloud marketplace.

    Ritchie, who has been with Iomart since 2011 and served as chairman since 2019, will be succeeded by Scott Cunningham, a seasoned executive with extensive experience in the technology sector. This change in leadership is expected to provide Iomart with greater resources and expertise to capitalize on the myriad opportunities within the IT cloud market.

    Donovan, who had taken over as CEO from long-standing boss Angus MacSween, will also be leaving the company with immediate effect. Iomart expressed its gratitude for Donovan’s contributions in navigating the challenges posed by the Covid-19 pandemic and the energy crisis, as well as in repositioning the company’s managed service offering within the broader hybrid cloud marketplace.

    Furthermore, Iomart announced that a search for a new chair to replace Lesley Dimes, who had occupied the role prior to Ritchie, will be initiated in the near future. This move indicates the company’s commitment to finding strong and capable leadership to guide its future direction.

    Iomart plans to release a trading update for the six-month period ending on September 30th in October, providing further insights into its financial performance and strategic initiatives.

    Overall, these leadership changes at Iomart signify the company’s proactive approach to adapt and thrive in the dynamic IT cloud marketplace, as it seeks to strengthen its position and continue its fight against cancer.

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