IT services firm Bytes Technology Group (BTG) has appointed Sam Mudd as chief executive officer, and has named two independent non-executive directors to the board. The previous CEO resigned earlier this year after undeclared company share transactions.
Mudd has served on the BTG board as an executive director since July 2023, and was appointed interim CEO in February 2024.
For the past ten years, she has been managing director of Phoenix Software, acquired by BTG in 2017. She joined Phoenix in November 2003, having previously held senior roles at WordPerfect, Novell, and Trustmarque Solutions.
Ross Paterson has been appointed as an independent non-exec, and chair of the audit committee of the company, with effect from 1 June, 2024.
He is a qualified chartered accountant and brings extensive listed company board experience as a chief financial officer and NED. He spent more than 23 years at Stagecoach Group in senior executive finance positions, including ten years as chief financial officer.
Currently, Paterson is a NED, chair of the audit and risk committee, and a member of the remuneration, sustainability and nomination committees at FTSE 100 firm The Unite Group, as well as being a NED and audit committee chair designate at AIM-listed technology business Tracsis.
BTG has also appointed Anna Vikström Persson as an Independent NED, with effect from 1 June, 2024. She will join the BTG audit, nomination and remuneration committees on appointment.
She was previously chief human resources officer for Pearson, and executive vice president, head of human resources at Sandvik AB and SSAB AB. She has also held senior human resources roles at Ericsson Group, and was an independent NED at Knowit AB. She currently serves as an independent NED at Videndum.
She will bring significant experience to the board to strengthen its strategic oversight of diversity, equity and inclusion (DEI), said the firm, as part of a new ESG (environmental, social, and governance) committee.
The company expects to confirm the release date for its preliminary results for the financial year ended 29 February, 2024 “shortly”.
“The Board also expects to have concluded its previously announced investigation into the resignation of former CEO Neil Murphy ahead of the preliminary results, and will update the market on its findings as applicable,” the company added.
Sam Mudd said: “What has become even clearer in the past few months is the strength of our relationships with customers, and the depth of our vendor partnerships. All of this is underpinned by the quality of our people, who I truly believe are some of the best in the industry. It's an honour to lead them.”
