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18 Feb 2008
Azzurri founder Martin St Quinton has relinquished his post as chief executive of the voice and data integrator after eight years at the helm.
The Newbury-based reseller confirmed in a statement that St Quinton (pictured) will now focus on potential mergers and acquisitions, key customers and business relationships in the City.
The chief executive position has been taken by Gordon Matthew, who joins from RedSky IT. Azzurri also recently announced the appointment of former LogicaCMG executive director Jim McKenna to the post of chairman.
The reshuffle follows months of speculation that Azzurri’s private equity backer, PPM Capital, wants more involvement in the running of the firm. Talk first surfaced early last year that PPM had overpaid for Azzurri after previous owner 3i won an award for best exit.
However, Azzurri simply described the appointments as part of its long-term growth strategy.
Matthew said in a statement. “With multiple acquisitions and organic growth, Azzurri has developed into a strong independent company. I am looking forward to further developing its position as an industry leader and in supporting our customers’ evolving business strategies.”
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