One of Scotland's longest-serving chief executives to step down after 22 years in post

Angus MacSween, one of Scotland’s longest serving chief executives, is to leave the top post at Iomart, the Glasgow-based cloud computing and web hosting company.

Thursday, 10th September 2020, 8:38 am
Iomart Group, the cloud computing company, announced that following over 20 years as chief executive of Iomart Group, Angus MacSween has confirmed  his intention to retire as CEO with effect from 1 October.
Iomart Group, the cloud computing company, announced that following over 20 years as chief executive of Iomart Group, Angus MacSween has confirmed his intention to retire as CEO with effect from 1 October.

The firm said MacSween, who has been at the helm for more than two decades, would retire from the position at the start of next month.

Reece Donovan, who joined the group as chief operating officer in March, as part of the board’s succession planning, will assume the role of chief executive from 1 October.

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MacSween will remain as a non-executive director for up to 12 months to “oversee a smooth transition and handover” to Reece.

MacSween said: “The appetite for cloud computing has grown considerably since we purchased our first data centres in 2007, and yet the market is still only in its infancy.

“Over the years, the business has navigated all kinds of challenges and events and has been able to prosper throughout.

“This has been due, in no small part, to the hard work of the whole iomart team since inception. I would like to thank everyone that has played a part in enabling Iomart to be the great business it is today and I look forward, in my new role, to helping Reece continue drive the company forward.”

Chairman Ian Steele added: “I’d like to thank Angus for the truly outstanding contribution he has made to the success of iomart during his 22-year tenure. Having founded the business in 1998, Iomart has grown into one of the UK’s largest providers of managed cloud computing services.”

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