Getronics announces new CEO and senior executive appointments as it targets rapid growth
London, UK, August 25 2017 – Getronics today announced the appointment of Nana Baffour as Chairman and Group CEO, as it seeks to double in size to €1 billion turnover following acquisition by Bottega InvestCo S.à r.l last month.
Baffour has set a vision to grow by developing close relationships with customers and partners, and showcasing the skills of the Getronics team to continue delivering innovative business transformation solutions and services. A US/Brazilian entrepreneur, he is the majority shareholder of Bottega InvestCo.
As part of the management changes, former CEO Mark Cook has been appointed as Vice Chairman to the Getronics Group Board of Management. Mark’s new role will report directly to the Chairman and CEO (and new owner) of Getronics Group Mr. N. Baffour.
In this new role Mr. Cook will directly support the new owner with strategic planning and take a leading role on future M&A activity. Mr. Cook will also play a more strategic role with a small number of senior clients with whom he has built a strong relationship when in an operational role with the company.
Mr. Cook said “I am very excited about the future of Getronics Group by enabling and leveraging the power of our people, organisation and capabilities and I am proud to support Getronics on the next chapter of its journey.”
“I would like to personally thank Mark for his contribution at Getronics and in his role as Group CEO. Getronics has radically transformed over his tenure into a digital ready technology company and he, and his team, have made 5 key strategic acquisitions enabling this transformation. The global sales team has been built to truly leverage the Getronics capabilities in Cloud, Applications, UC and higher value managed solutions for our customers, under Mark’s leadership. Mark was a key member of the KPN / Aurelius transaction 5 years ago, and more recently helped lead the sale of Getronics to myself and backers. “said Mr. N. Baffour Chairman and CEO Getronics
In a further executive appointment announced today, Paul Fox becomes UK CEO. He previously ran new business sales for Getronics UK and led global business development activities.
“Getronics is an exceptional services company, with great people at its core, who are obsessed with our customers and the ever-changing world of technology,” said Nana Baffour, Chairman and Group CEO, Getronics. “We have entered a new and exciting chapter in our history and we plan to expand substantially by building on our strong track record and capabilities. Our renewed vision will be achieved through a firm focus on the relationships we have with customers and partners, as we seek to build on the business transformation capabilities we can offer them.”
The acquisition was backed by prestigious financing partners, including White Oak Global Advisors, Permira PDM and H.I.G. WhiteHorse and included equity support from Investec PLC and Servest Limited. All of the executive appointments are effective immediately.
“We have true scale in our key markets, and an IT services portfolio capable of serving the most complex and dynamic customers as technology evolution continues to shape our changing world. Our new sense of purpose, and the senior team we have created to deliver on our vision, makes Getronics well poised to grow rapidly,” added Baffour.
The Getronics family is an ICT Services group consisting of the Getronics and Connectis brands and is majority owned by Bottega InvestCo S.à r.l. With an extensive history that extends over 125 years, the Getronics family has nearly 4,600 employees in 22 countries across Europe, Asia Pacific & Latin America, and has a complete portfolio of integrated ICT services for the large enterprise and public sector markets. This includes Workspace, Applications, Unified Communications, Data Centre, Cloud, Consulting, Partner Technology, Managed Services and Security.
Getronics is a leading member in the Global Workspace Alliance, a unique model that provides customers with a consistent IT service throughout the world, with one single point of contact and billing entity, delivering services to over 90 countries. The GWA manages 10m workspace assets globally, and was ranked number 3 by OVUM among other leading global vendors for workplace management.
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