IT Services - Turnaround

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• Appointed to turn around and grow a business with operations in 13 countries, which had been making a loss and shrinking for 16 years.

• Devised and executed a strategy to supply IT services in addition to hardware/software.

• Increased annual revenue from £270 million to £650 million and turned a £19 million loss into a profit - despite charging one-off costs.

• Grew people from 4000 to 6500 in three years and recruited and coached eight new country Managing Directors.

• Led business into the large outsourcing deal sector in Europe, winning a €150m contract with La Caixa and €450m with Allianz.

• Acquired a majority stake in TDS (DAX listed) for $89 million and subsequently appointed its chairman.

Also, appointed as Chairman of a Russian JV and grew its business by 50% p.a. over three years.