Mike Capstick, product marketing director at CMS Peripherals, left the distributor last week after four years with the company to return to the manufacturing industry.
According to CMS, Capstick suffered a near-fatal car crash last year which led him to reconsider his future. The distributor refused to reveal which company Capstick would be working for but said he would remain in the storage industry.
Frank Salmon, managing director of CMS, said: ?Mike came from a vendor background and he obviously wants to return to it. I guess after being forced to lie down for three months he had time to think. He wanted to move away from distribution because it?s quite a dog-eat-dog world and the demands in a growing company like CMS are quite severe.?
Capstick worked at manufacturers Hitachi and Citizen as well as the now-defunct distribution company Phase IV, before joining CMS.
Salmon said he had no plans to replace Capstick in the foreseeable future. He said: ?We have extensive resources within the company and the loss of Mike will give people the chance to grow to fill the vacuum.? He said the storage distributor expected to reach a turnover of #50 million by June 1997. Capstick was unavailable for comment.
- CMS won two distribution deals last month. An exclusive contract with Philips will allow CMS to sell its full-packaged multimedia range. In addition, Cheyenne has given it sole rights to sell its Unix backup software product Arcserve Open. According to a CMS representative, the Philips multimedia range is a good complement to its existing CD-Rom products.
Adept says latest purchase will push revenue beyond £50m
Security firm set to become part of acquisitive Shearwater Group
Distributor merges three northern sites into one new hub in Warrington
Activist investor puts forward five director candidates as turmoil continues at security giant