Confirmation of Directorate Change
Idox plc, a leading supplier of specialist information management solutions and services, is pleased to confirm the appointment of David Meaden as its new Chief Executive, with effect from today, 1 June 2018 (as announced on 29 May 2018).
David enjoyed a 22 year career, including 12 years as Chief Executive, with Northgate Public Services (NPS) a leading supplier of specialist software, information technology and business process outsourcing services to public sector markets. NPS was a part of Northgate Information Solutions (NIS), a FTSE 250 company, of which David was a member of the PLC Board from 2004 through to the sale of NIS to KKR, the US Private Equity firm in December 2007. He then led the business through its successful sale to Cinven in 2014.
David has substantial experience of working with the UK Public Sector and during his tenure with Northgate Public Services, grew the business four fold to become a leading provider to Local Government, Police, Healthcare and Central Government agencies, employing around 2,300 staff across 8 UK locations and a development centre in India. David has significant experience of business transformation, software development, outsourcing and M&A successfully integrating nine acquisitions during his time at the helm. He spent his early career in product management and sales at Burroughs and Group Bull and has a degree in Business Studies from the University of Huddersfield.
Richard Kellett-Clarke has today stepped down as Interim Chief Executive and reverts to his previous role as a non-executive director. The Board expresses its thanks to Richard who stepped into the role at very short notice and has played an important part in stabilising the business and leading the various business reviews.
David Meaden said:
“I am delighted to be joining Idox at this very important point in its development. I have known Idox for many years as a leading player in the public sector solutions and services market and am confident that it has both attractive products and talented people. I look forward to starting work in June and continuing the transformation of the business.”
Laurence Vaughan, Chairman of Idox said:
“We are delighted to have secured such as high calibre leader as David Meaden as Idox’s new Chief Executive. His previous experience with the UK Public Sector and software development at Northgate Public Services, where he was until recently Chief Executive, is especially relevant.
“David will focus on returning Idox to good growth and better profitability through continued focus on digital transformation and high quality governance solutions for the public sector. With this new leadership in place we can look forward to the future with renewed confidence.”
Idox plc +44 (0) 870 333 7101
Laurence Vaughan, Chairman
David Meaden, Chief Executive
Jane Mackie, Chief Financial Officer
N+1 Singer (NOMAD and Broker) +44 (0) 20 7496 3000
MHP (Financial PR) +44 (0) 20 3128 8100
Additional information in connection with the appointment of David Meaden:
The following additional information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies.
David (Dave) Meaden (aged 56) holds or has held in the past 5 years the following directorships and partnerships:
Argon NPS (Holdings) Limited
Argon NPS Limited
Blue 8 Systems Limited
Blue 8 Technologies Limited
Blue 8 Technologies (UK) Limited
Braid Hill Holdings Limited
Braid Hill Software Limited
Business Computer Technology Limited
C.I.M. Systems Limited
C M E Software Systems Limited
CME Systems Limited
First Software UK Limited
First Software Limited
Ideal Technology Services Ltd
Imasys Local Government Limited
Kendric Ash Limited
Kendric Ash Trustees Limited
Micro Surveys Property Systems Limited
MVM Central Land Charges Company Limited
MVM Cleveland Limited
MVM Holdings Limited
MVM Infrastructure Management Solutions Limited
MVM Pickwick Limited
Northgate Information Solutions Holdings Limited
Northgate Public Services Limited
Northgate Public Services (UK) Limited
NPS (Holdings) Limited
NPS (UK1) Limited
NPS (UK2) Limited
NPS (UK4) Limited
NPS (UK5) Limited
NPS (UK6) Limited
NPS (UK7) Limited
NPS (UK8) Limited
NPS (UK9) Limited
NPS (UK10) Limited
Prolog Business Solutions Limited
Rave Technologies (UK) Limited
Sheridan Systems Limited
Transform Systems & Solutions Limited
There is no further information to be disclosed in connection with David Meaden pursuant to Rule 17 or Schedule Two paragraph (g) of the AIM Rules for Companies.
About Idox plc
Idox is the leading applications provider to UK local government for core functions relating to land, people and property, such as its market leading planning systems and election management software.
Over 90% of UK local authorities are now customers. Idox provides public sector organisations with tools to manage information and knowledge, documents, content, business processes and workflow as well as connecting directly with the citizen via the web, and providing elections management solutions. It also supplies in the UK and internationally, decision support content such as grants and planning policy information and corporates compliance services. Idox delivers engineering document control, project collaboration and facility management applications to many leading companies in industries such as oil & gas, architecture and construction, mining, utilities, pharmaceuticals and transportation in North America and around the world.
The Group employs over 894 staff located in the UK, North America, Europe, India and Australia.
Information last updated: 1 June 2018