Colt Technology Services changes tack with new leader

Keri Gilder replaces Carl Grivner as CEO with immediate effect

Colt Technology Services has named Keri Gilder as its new CEO, taking over from former incumbent Carl Grivner.

Gilder steps into the shoes left vacant by Grivner, who lead the firm for five years, overseeing its heavy investment in its IQ Network and its launch into the US market.

"Colt has always been determined to be ahead of the curve. It's why we invested in high bandwidth connectivity, blockchain and APIs, even before we saw customer demand for these innovative solutions," Grivner stated.

"It has been a privilege to lead an organisation during such a transformation, and it's been an honour to have the backing of the board, my team and the wider organisation as we pushed ahead with doing some things that haven't been done before.

"I am proud to be a Coltie, and I can't wait to see where Keri takes the business - it's in incredibly capable hands."

Gilder joined the organisation in 2018 as chief commercial officer. She takes the reins as head of Colt with immediate effect, with Grivner remaining with the company until the end of June.

"I am honoured to be taking over the leadership of Colt from Carl," said Gilder.

"Ever since joining the business, I have been inspired by the passion of my colleagues. From our drive to remain vigilantly focused on delivering the very best for our customers, to our use of innovative and new technologies to advance the industry.

"This passion has always come from the top; however, you'd be hard-pressed to find someone who hasn't been inspired by Carl and his love for this industry and Colt.

"Colt is in a great position to thrive during this time of significant transformation, through our steadfast focus on our customers, partners, and our drive to create an inclusive environment within Colt and across the industry. I couldn't be more excited to lead this organisation."

Colt's chairman Michael Wilens added: "The past five years have been momentous for Colt, and a big part of that comes down to Carl's leadership.

"He will be missed; however, it is exciting that his shoes can be filled by someone within the Colt family. In her 18 months at Colt, Keri has brought in fresh energy to the business, and we know the next five years are going to be just as successful for Colt as the last."