SciSys boss to take a back seat

October 27, 2011
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SciSys executive chairman and founder Mike Love is to step back from day-to-day control of the Chippenham-based hi-tech company to become non executive chairman. 

The firm said in a statement today that he will, however, remain a director and significant shareholder in the group.
 
SciSys, whose pre-tax profits rose 83% to £1.1m in the six months to June 30, supplies high-end IT services and business-critical IT systems to the space, government, defence, environment and media/broadcast sectors. 
 
It also announced today a number of other key boardroom changes – all of which will come into force on January 1, 2012.

David Jones, who currently holds the post of chief operating officer (COO), will become group chief executive while Klaus Martin Heidrich, 51, is to join the board as COO. Having studied electrical engineering with a focus on communications engineering at the University of Dortmund, Klaus joined VCS – now a 100% subsidiary of SciSys – in 1989 as a sales engineer. From 1992 he was responsible for marketing and sales of VCS and developed VCS' media activities. Following his departure for a year to Management Data AG in 2000, Klaus returned to VCS and took responsibility for strategic business development. He has been a director of the company's Media Broadcasting Solutions division since 2005 and a member of the VCS boad since 2009.

SciSys says these changes "are in line with group's long term succession plan, under which Klaus will understudy David with the view to progressing in due course to the role of CEO.

 A further announcement is promised when the changes come into effect in January.

 

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