In a proactive move to further drive its current growth Square One Solutions Group Limited has made significant new appointments to its top executive team.
The company has seen healthy growth over the last three years, with a share price that has moved from a low of 20c to a high of R1.25 this year, and a turnover surge from R90 million in 2003 to R205 million in 2005.
The 2007 financial year sees the following strategic changes in its executive leadership:
Co-founder Trevor James, after 21 years at the helm of the company, has handed over CEO responsibility to Craig Alexander, previously COO of the company. Alexander has been with the company for four years and has extensive experience in the IT industry both locally and abroad. Together with James he has spearheaded the recent growth strategy which kicked off in April 2003.
"The change is not unexpected by the management and staff of Square One. The process is aligned with our five-year strategic plan," says James. "With CAGR in excess of 30% year-on-year over the last three years the group has recognised the need for both market innovation and prudent leadership in the various strategic areas of the group."
To this end, James assumes the role of Executive Director, Group Operations with immediate effect.
Alexander's first responsibility is to coordinate the extensive experience and competencies of his new executive team. The newly appointed executive consists of James himself; Mich Nieuwoudt, Group Services; Richard John, Group Sales; Geoff Norman, Group Business Development; and Reginald Muzariri, Square One Capital.
Alexander comments: "Through a process of organic and acquisitive growth, the group has moved from strength to strength. A great deal of investment has gone into the development and roll-out of our client engagement architecture IP2 and our services framework, NetFlex. This effort, coupled to a 'best of calibre' employment strategy and a sound development plan for middle and senior management sees the group well positioned for the next leap forward.
"We know what specifically we are good at, and where we can add value in our selected target markets. We also have excellent partners. The group is looking forward to another stellar year in 2007, especially in the current buoyant market conditions."
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