REG - Gamma Communications - Directorate Change

Gamma CommunicationsAnnouncement

30/06/2022 07:15

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RNS Number : 7132Q  Gamma Communications PLC  30 June 2022

30 June 2022

 

Gamma Communications plc

 

Board change

 

Gamma Communications plc ("Gamma" or "the Group"), a leading provider of
Unified Communications as a Service ("UCaaS") into the UK and European
business markets announces that Andrew Taylor has notified the Board of his
intention to retire from Gamma and will therefore step down from the Board and
as Chief Executive Officer on the 4(th) July 2022 but will continue to work
with Gamma in a supporting advisory role through to July 2023 when his notice
period expires. This decision has been made for personal/family reasons and to
enable Andrew to focus on developing his plural non-executive career.

 

Andrew Belshaw will step up from Deputy Chief Executive Officer to Interim
Chief Executive Officer on 4(th) July 2022. Andrew Belshaw joined Gamma in
2007 and served as Chief Financial Officer since Gamma's IPO in 2014.  Andrew
was recently promoted to Deputy Chief Executive Officer as part of a
structured plan to strengthen and broaden the scope and capacity of Gamma's
management team.  Alongside this appointment, Gamma also appointed Bill
Castell as Chief Financial Officer.

 

Andrew Taylor has been Chief Executive Officer for over four years, during
which time excellent progress has been made in Gamma's overall growth and
strategic development as a business.  This has been achieved through both the
delivery of consistently strong organic growth and through targeted product
development and acquisitions that have broadened Gamma's technology and
product capabilities.   At the same time, Gamma has successfully expanded
into new geographical regions that will support the delivery of continued
long-term profitable growth.

 

Gamma is making excellent progress against its growth strategy and is trading
in line with the Board's expectations.

 

Richard Last, Chairman, commented:

 

"On behalf of everyone at Gamma, I'd like to place on record our thanks and
appreciation to Andrew for his drive, dedication, and leadership over the past
four years. He has played a key role in shaping Gamma's plans for future
growth and leaves the business in an excellent position to continue to grow
and develop and has helped create a first-class management team that is very
well placed to take the business forward."

 

Andrew Taylor, commented:

 

"I'd like to wish everyone associated with Gamma all the very best in the
times ahead. Gamma is a fantastic company which operates in an exciting growth
market, and I've greatly enjoyed the past four years as Chief Executive
Officer, which has seen Gamma evolve from being a UK focused
telecommunications company to a European leader in Unified Communications.
Having achieved a great deal and driven by a desire to spend more time with my
family, now is a natural time for me to move on and I am very confident that
the business and our management team at Gamma is very well placed to thrive in
the times ahead."

 

 

 Gamma Communications plc                Via Tulchan

 Richard Last, Chairman

 Tulchan Communications LLP              +44 (0) 207 353 4200

 James Macey White / Matt Low

 Investec Bank plc (NOMAD & Broker)      +44 (0) 207 597 5970

 Patrick Robb / Virginia Bull

 

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