PLM Global shakes up management teams as part of growth plans

As part of the changes, the Nottingham-based solutions provider appointed Shane Watson as CEO

PLM Global has shaken up its ownership and management teams as part of plans for its next growth phase.

As part of the changes, the Nottingham-based hardware repair and refurbished equipment firm appointed Shane Watson as CEO after helping take the business from "strength to strength" over the years.

A founding shareholder in the company, Watson previously held roles at the company as sales director and managing director.

His move to CEO received backing from SME Capital for funding, supported by local Nottingham companies HSKSG Corporate Finance Specialists and Acton's Solicitors.

Watson will be supported in his new role by Wayne Swallow, who is taking on the role of chairman after being a non-exec in the company for the past two years.

The new executive team will be made up of Rob Alcock, who has been promoted to sales director, Leroy Stratford, whose role is head of finance and Matt Leary, the operations manager.

Watson said: "I am absolutely delighted with this outcome, we have worked tirelessly to get PLM Global to the stage it is at today. With our experienced and strong-skilled Board of Directors, I have every faith that we will progress further."

PLM specialises in the supply, repair and maintenance of hand-held data capture devices, mobile print and EPoS hardware.

It says that, despite economic headwinds, the company has grown to £4.5m in annual turnover and from four to 21 employees with more than 200 clients.