Cimteq Executive Board Strengthened
by Appointment of New CEO
Cimteq is pleased to announce that it has
strengthened its Executive Board with the
appointment of Mike Braddock as its new
CEO. The appointment marks a new chapter
in the company’s history as it embarks on an
ambitious programme of growth for the next
decade.
Mike’s appointment comes at an exciting time
for Cimteq. Only 12 months on from a £2.5
million investment from the Foresight Regional
Investment Fund, Cimteq’s growth strategy has
already accelerated with an increase of 65% in staff
levels.
Cimteq founder Ali Shehab will be working
closely with Mike to develop the overall strategic
direction for the business in his role as President.
Amanda Shehab will continue to oversee internal
operations in her role as Director, and in
partnership with other Executive Board members
Rob Douglass (Operations Director) and Deborah
Jones (Finance Director).
In welcoming Mike to the Cimteq Board, Ali
Shehab, Cimteq founder, comments: “We have
very bold aspirations here at Cimteq. Mike’s
overall brief is one of growth, building on the
strategy, mission, vision and values that have
made Cimteq a cable software manufacturer of
choice for some 20 years. Mike will be joining a
highly ambitious team of individuals, and I’ve
no doubt that his previous experience of, and
leadership in, continuous improvement and
transformation make him at incredible asset to
our company.”
Left to Right: Ali Shebab,
Mike Braddock, Amanda Shebab
Adding his own thoughts on his new role as CEO,
Mike adds: “What drives me as an individual
is helping companies to evolve and capitalise
on changing market conditions. In my role as
Managing Director of a FMCG business in the
North West, I spearheaded the acceleration of the
business achieving an 80% growth in turnover
in only five years. More recently, I supported
the three founders of a private equity backed
engineering business with the execution of an
MBO.
“I’ve spent my whole career in manufacturing
businesses and I like to think that my
understanding of customer need coupled with
my interest and background in accountancy and
finance mean I can lead on solutions that are win-
win for both client and Cimteq.”
.
www.cimteq.com
JANUARY 2020 ● WIRE NEWS
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