New role for founder Riley as Daisy hires new CEO

LANCASHIRE IT and telecoms group Daisy has announced a top-level reshuffle ahead of the formal completion of a £500m take private deal.

Founder and current chief executive Matt Riley is to move to the role of executive chairman, while Neil Muller,  Computacenter’s UK managing director, will replace him as CEO from February 2015.

In a statement Daisy said Muller’s strong expertise in managed services will be “instrumental” to his new role, where will focus on growth in the ICT space and managed services portfolio.

Commenting on the reshuffle Matt Riley said: “We are delighted to be entering into a new stage of development and growth, following this week’s announcement that the management buyout offer for Daisy has been declared unconditional in all respects.  

“As executive chairman, I will work closely with Neil and the management team on the company’s strategic development and growth, and am confident that Neil’s industry knowledge and expertise will drive our strategy with great success.”

Neil Muller added: “The converging world of telecommunications and IT represents a host of exciting opportunities and Daisy is in a prime position to evolve and adapt its existing capabilities, addressing new market dynamics and mid-market customer needs.

 “I am very excited about working with Matthew and the Daisy team to identify new opportunities for growth, capitalise on market changes, and further enhance the customer experience.”