Chess appoints new CEO as founder moves to chairman role

CFO Lightfoot takes on chief exec role

Chess has appointed a new chief executive, with founder David Pollock becoming executive chairman.

Mark Lightfoot (pictured) will take the reins at the £111m-sales VAR, stepping up from his role as CFO.

As part of the reshuffle, managing director Stephen Dracup will move from managing director to chief growth officer.

Pollock said: "Mark has consistently been an example to us all on the merits of hard work and attention to detail.

"He drives outstanding performance across his team, ensuring great financial control, and has a proven track record in building external relationships and securing financial support as we continue our growth journey."

On Dracup's new role he added: "For the last eight years, Stephen has played a significant role as managing director in the transition of Chess from a traditional telco business to a renowned IT services provider and is pivotal in making Chess a great place to work.

"As chief growth officer he will focus on driving growth through product strategy and acquisitions."

Lightfoot joined Chess 11 years ago as finance director.

The new CEO said: "I'm delighted to be the new chief executive officer at such an exciting time for Chess.

"My focus will be on leading our exceptional team through the new decade, growing the business through performance and our unique culture, while building on our position as a perennial Sunday Times Best Company to Work For."

Reports last June claimed that Rothschild had been appointed to oversee a competitive auction process for Chess, with The Telegraph claiming that the firm could be valued at around £510m.