REG - Redcentric PLC - Directorate Change - Group CEO Appointment

RedcentricAnnouncement

20/01/2025 07:00

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RNS Number : 8591T  Redcentric PLC  20 January 2025

Redcentric plc

 

Directorate Change - Group CEO Appointment

20 January 2025

 

Redcentric plc (AIM: RCN) ("Redcentric" or the "Company"), a leading UK IT
managed services provider, announces the appointment of Brian Woodford to the
Board, effective 3 February 2025.  Furthermore, Brian Woodford will assume
the role of CEO after an anticipated two-month transition period and a smooth
handover of responsibilities, with Peter Brotherton stepping down as CEO of
the Company.

 

We would like to extend our gratitude to Peter Brotherton for his exceptional
leadership and invaluable contributions to the Company's growth and success.
 Peter has been instrumental in leading the Company's growth as a leading IT
managed service provider and in establishing a highly successful UK data
centre operation.  We are pleased Peter has agreed, upon stepping down as
CEO, to remain available to the business in a strategic advisory capacity
through 30 June 2025.

 

Brian Woodford has consistently demonstrated exceptional vision and leadership
throughout his career, holding senior positions at Capita, Tata
Communications, Vodafone and Cable & Wireless.  Brian's understanding of
Redcentric's sector and his leadership style characterised by innovation,
collaboration and a strong client focus, aligns seamlessly with the Company's
values and the Board is confident that Brian is well positioned to lead the
Company as CEO, through its next phase of growth and innovation.

 

Peter Brotherton said, "The business is now in a very different place to when
I joined in November 2016 with solid foundations now in place for sustainable
and profitable growth.  It has been a privilege to work with so many talented
professionals during my 8 years at Redcentric and I am tremendously proud of
what we achieved and delivered for our clients.  My best wishes to Brian and
the future success of Redcentric."

 

Brian Woodford said, "I am impressed by the tremendous achievements the
Company has made under the leadership of Peter Brotherton and the dedicated
efforts of Redcentric's talented team.  Building on this strong foundation, I
look forward to collaborating with everyone across the organisation to
continue innovating, expanding our market presence, and delivering value to
our clients and shareholders."

 Additional information

The following information is disclosed in accordance with Schedule 2(g) of the
AIM Rules for Companies:

Full name: Brian Steen Woodford

Age: 53

Current directorships:

 

Rigtally Limited

Woodford Associates Limited

 

Previous directorships held in the past 5 years:

 

Haldenby Woodford Limited

Alveus Property Limited

Propiteer Norlin Antigua INC

NS Properties Ltd

NS Marina Funding Ltd

 

Save as set out above there are no further disclosures required pursuant to
Rule 17 or Schedule 2(g) of the AIM Rules for Companies.

 

Enquiries:

 Redcentric plc                                                 +44 (0)800 983 2522

 Richard McGuire, Chairman                                      www.redcentricplc.com
 Cavendish Capital Markets Limited - Nomad and Sole Broker      +44 (0)20 7220 0500

 Marc Milmo / Callum Davidson / Rory Sale (Corporate Finance)

 Andrew Burdis / Sunila de Silva (ECM)

 

 

 

 

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