| Mon 30 Sep 2002, 11:05 | | Dimension Data Holdings Plc - Announces Board And |
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DIMENSION DATA HOLDINGS PLC - ANNOUNCES BOARD AND MANAGEMENT RESTRUCTURING
Dimension Data Holdings PLC
Highlights
* Current board to be reduced to comprise four executive directors and six
non-executive directors
* New global operational management structure to drive strategy
- Formation of Executive Committee
- Appointment of new Group COO
- Dedicated senior appointments to focus on solutions and services
- Significant broadening of new international talent to balance existing
senior management
- Regional CEOs appointed to Executive Committee
INTRODUCTION
Dimension Data (LSE: DDT), the global technology services company, today
announced significant changes to its board of directors and management team.
Commenting on the changes, Dimension Data Executive Chairman Jeremy Ord, said:
"Following a period of globalisation and integration, the group believes it is
appropriate to restructure management in order to drive forward the next phase
of the group`s development and to reflect the company`s position as a fully
fledged services and solutions company.
"We have also implemented the DD Way, a global performance based transformation
programme which aligns the group behind a common vision. The DD Way focuses on
driving group turnover and margins as well as enhancing the value of our
proprietary technology and brands. We have aggressively cut costs, are
improving people management and strengthening our relationships with customers."
STRUCTURAL CHANGES
MAIN BOARD
Effective 1st October 2002, the Main Board will comprise:
Executives
* Jeremy Ord, Executive Chairman
* Malcolm Rutherford, Chief Financial Officer
* Patrick Quarmby, Director: Corporate Finance
* Stephen Joubert, Director: Strategy Execution (DD Way)
Non-executives
* Gordon Waddell (senior non-executive director) #
* Robert Mansfield #
* Peter Dorian Wharton-Hood #
* Rory Scott #
* David Frankel
* Moss Ngoasheng #
# Independent
* Moss Ngoasheng (Moses Modidima) is a new non-executive director, appointed
with effect from 1st October 2002. He is Executive Chairman of investment
company Safika Holdings (Pty) Ltd, previously economic adviser to South
African President Thabo Mbeki. (There are no other details required to be
disclosed under paragraph 16.4 of the listing rules of the UK Listing
authority in relation to this appointment).
* Gordon Waddell will be appointed senior non-executive director and will
also take over Chairmanship of the Nomination Committee from Jeremy Ord
with effect 1st October 2002.
* Robert Mansfield will be appointed to the Remuneration Committee with
effect 1st October 2002.
The changes to the Main Board aim to bring the board more in line with current
corporate governance best practise as set out in the Combined Code in the UK and
the King Code 2002 in South Africa.
In addition, the Main Board plans to seek the services of another UK-based
independent non-executive director to further strengthen the Board and will be
evaluating separating the role of the Chairman and CEO.
Ronald Cattell, Richard Came, Peter Hird, Ettienne Reinecke, Donovan Smyth,
Robert Taylor and Bruce Watson will therefore resign from the board, with effect
from the 1st October 2002, and will join the newly-formed Executive Committee.
Raul Fernandez and Peter Harrison will also resign from the main board, with
effect 1st October 2002, but will remain on the US and European regional boards
respectively.
Dirk Ackerman will resign as an executive director of the Main Board, with
effect 1st October 2002, to pursue an alternative career, but will continue to
consult to the group and take on the chairmanship of the Merchants Group in the
UK. The board thanks Dirk for his invaluable contribution over the past two
years.
EXECUTIVE COMMITTEE
The group has completed the integration and roll out of its global footprint.
The emphasis is now on the execution of its strategy of providing DD branded
application network solutions and services.
The board decided that a new global management structure should be created to
drive the business to the next level. For this reason, the Executive Committee
has been created which includes a significant infusion of new internationally
experienced senior managers.
The Executive Committee will have responsibility for the operational running of
the business, assisting in the formulation of the Group`s strategy and the
execution thereof.
Group Operations
Brett Dawson is appointed Group COO with primary responsibility for the
operations of the group. Brett was the Executive Vice President and CFO of
Dimension Data North America. Before that he was the CEO of Internet Solutions.
Adam Craker is appointed Group Sales Director and will work closely with the
COO. The group marketing function will report directly to Adam, who will ensure
that there is close cooperation between sales, marketing and the Global
Solutions Development group. Adam has been with Dimension Data since 1999 and
was the MD of the group`s customer interactive solutions. Prior to that, Adam
spent 10 years with Accenture.
A Regional CEO has been appointed for each region, who will report into the COO
and who will work closely with the Sales Director in managing daily operations.
These regional CEOs will participate fully on the Executive Committee.
The Regional CEOs are:
* Russell Bolan - CEO UK
* Bob Cagnazzi - CEO USA
* Ron Cattell - CEO Asia
* Allan Cawood - CEO Africa
* Steve Nola - CEO Australia
* Donovan Smyth - CEO Europe
Solutions
To accelerate the roll out of its own solutions and services, three of the
previous board members have been tasked to focus exclusively on developing the
following solutions:
* Peter Hird - CEO Security Solutions
* Bruce Watson - CEO IP Telephony Solutions
* Rob Taylor - CEO Offshore Resourcing
In addition, Mahmud Noormohamed, who has 16 years` global sales and systems
integration experience at several companies including IBM, British Aerospace and
BT Syntegra, has been appointed as CEO Service Provider Industry Solutions.
Customer Interactive Solutions will continue to report to Adam Craker until a
suitable replacement has been nominated.
Solutions Development Group
* Richard Came - CEO Global Solutions Development
* Ettienne Reinecke - Chief Technology Officer
Richard and Ettienne will continue in their roles of CEO Global Solutions
Development and CTO respectively. They and their solutions development team are
responsible for capturing and developing the group`s intellectual property and
play an important role in setting the group`s strategic direction and
coordinating the development of our application network solutions and service
offerings.
Services
* Denis Hocking - CEO Global Services
Denis, who will focus on growing and delivering world-class services for the
group, has extensive experience working for global companies.
He was Chief Technology Officer for Merrill Lynch and held other top IT
positions at firms such as JP Morgan and Sun Microsystems. In addition, Denis
held a number of senior positions at Computer Sciences Corporation (CSC),
including Vice President, Europe and Chief Operating Officer, UK division.
* Pascal Desaint - Managing Director Sales - Global Services
Pascal, who will report to Denis Hocking, has 15 years` IT experience in key
sales management and European general management positions for companies such as
Alcatel, France Telecom, Total and L`Oreal.
Human Resources
In line with the group`s renewed focus on people management and transformation
through the DD Way, a Global Human Resources Director has been appointed.
* Marilyn Chaplin - Group Human Resources Director
Marilyn has over twenty year`s experience in both the corporate and academic
world. She has worked for major multi-national companies where she held senior
marketing and HR positions. In October 2000, Marilyn was appointed global
training development director for Dimension Data and to the SA board.
Following the changes, in addition to the Executive Main Board members, the
Executive Committee members will be:
Group operations:
* Brett Dawson - Group Chief Operating Officer
* Adam Craker - Group Sales Director
* Russell Bolan - CEO UK
* Bob Cagnazzi - CEO USA
* Ron Cattell - CEO Asia
* Allan Cawood - CEO Africa
* Steve Nola - CEO Australia
* Donovan Smyth - CEO Europe
* Martin Chilcott - Group Marketing Director
* Scott Gibson - CFO Operations
* Allan Burgess - Chief Information Officer
* Marilyn Chaplin - Group Human Resources Director
Solutions:
* Peter Hird - CEO Security Solutions
* Bruce Watson - CEO IP Telephony Solutions
* Robert Taylor - CEO Offshore Resourcing
* Mahmud Noormohamed - CEO Service Provider Industry Solutions
* Adam Craker - CEO Customer Interactive Solutions
Solutions Development:
* Richard Came - CEO Group Solutions Development
* Ettienne Reinecke - Chief Technology Officer
Services:
* Denis Hocking - CEO Global Services
* Pascal Desaint - Managing Director Sales - Global Services
For a full organogram on the new structure and CVs of management, go to
www.didata.com
About Dimension Data
Dimension Data Holdings plc (LSE: DDT) is a leading global technology services
company. It specialises in providing and managing IT solutions based upon a new
architecture called the Application Network. These solutions enable businesses
to evolve their IT infrastructures incrementally to reduce both capital and
operational IT costs by removing systems duplication and inefficiency. At the
same time, they help businesses create competitive advantage by enabling them to
operate seamlessly and flexibly.
Application Network architectures are the result of the convergence of two
previously separate areas of IT: application integration and network
infrastructure. Dimension Data`s unusual combination of expertise in networking,
application integration and global managed services makes it uniquely positioned
to deliver these solutions, connecting devices, information, applications,
business processes, people and organisations.
Dimension Data`s solutions address those areas in a client`s infrastructure
where there is greatest duplication and waste and therefore create the
opportunity for significant and immediate ROI. They include: security, IPT,
customer interactive services (CIS), service provider solutions (SPIS) and
development resourcing.
Dimension Data, founded in 1983, had revenues of $2.5 billion in 2001 and
operates in 30+ countries with over 9,500 employees.
Date: 30/09/2002 09:00:00 AM Produced by the JSE SENS Department
