Positive start and new appointments for cyber security group

XYZ Building

Manchester-based cyber security firm NCC Group reported a “positive start” to the new year, and two senior appointments today.

Ahead of its annual general meeting this morning at its Spinningfields XYZ Building headquarters the board published an update on trading in the first quarter period, from June 1 to August 31.

It said the group is trading in line with expectations, while the three-year transformation programme, Securing Growth Together, continues to progress on time and within budget to create the next version of NCC Group.

Chief executive Adam Palser said: “It has been a positive start to the new year on many fronts.

“We have further strengthened the management team in Escrow and are building on the progress we made in the last financial year to shape a new NCC Group, fit to compete and win in our markets globally.”

He added: “We are busy, focused and I remain excited by our long-term prospects within our dynamic markets.”

NCC also unveiled Simon Fieldhouse and Max Baldwin as new appointments this morning, strengthening its global management team as the group’s transformation programme continues.

Simon Fieldhouse has joined as global managing director of the Escrow division. He has a strong track record of leadership in the technology and software sectors, most recently as CEO of Hardware.com, where he led the business from its UK origins to become a leading international IT managed services provider.

He takes on this role from Daniel Liptrott, who will now focus on driving growth in the group’s North American Escrow business.

Max Baldwin joins NCC Group in October as group sales and marketing director from Ultra Electronics, where he was marketing director of the communications and security division, responsible for growth strategies and execution in both the UK and international markets.

His predecessor, Shane Slater, is stepping down from his role for personal reasons.

Adam Palser said: “These are important appointments for NCC Group.

“Simon and Max both bring relevant sectoral expertise, international experience and leadership skills, which will prove invaluable as we strengthen our position as a global leader in our markets.

“We are committed to returning Escrow to confident growth and by adding to the senior team we can focus attention on the fast-growing North American division, without diluting the effort we are putting in to improving UK performance and driving the launch of our promising new ‘Escrow as a Service’ product.”

NCC expects to report its half-year results, for the six months to November 30, on January 23, 2020.

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