New CEO joins Callcredit as McAndrew steps down
CALLCREDIT Information Group, the credit reference business, has announced the appointment of a new CEO as longstanding chief executive John McAndrew steps down.
Mike Gordon, previously executive vice president for sales, services and marketing at California-based business analytic software company Fair Isaac Corp (FICO), will succeed John McAndrew, who has been with the company since its launch, 14 years ago.
Leeds-headquartered Callcredit employs around 1,100 in the UK and has operations in Japan, China, Dubai and Lithuania. The company has grown into one of the UK’s leading data analytics businesses.
John McAndrew, chief executive of Callcredit, said he is proud of the business’ growth into a strong market-leader with innovative products and an excellent reputation. He is stepping back from day-to-day involvement in order to devote more time to his family and other interests.
“This success has been achieved through the quality people we employ and our adherence to a set of customer focused values. I believe that Mike is the ideal candidate to carry forward this legacy, and will be working hand-in-hand with him in the coming weeks to ensure a seamless and orderly succession,” he said.
Before joining FICO in 2005, Gordon spent more than 13 years in the financial services space, including time as a vice president at Capgemini, where he provided strategic and operational advice to financial institutions.
Gordon said: “I am extremely pleased to join Callcredit and believe the company is well-positioned for continued growth and innovation. John, along with the entire senior management team, has transformed Callcredit into one of the UK’s leading consumer information businesses, and I have always had great admiration for the company’s commitment to innovation and customer service.
“I am excited to join my new colleagues in capitalising on the remarkable market opportunity, business momentum, and unique culture to ensure that Callcredit continues to be recognised as one of the most forward-thinking and innovative businesses in this space.”
John Spence, chairman of Callcredit, added: “Mike brings a strong track-record of managing innovative, growing businesses in the decision analytics and financial services sectors. He is intimately familiar with the UK, knows many of our key clients well, and is the ideal candidate to take forward our ambitious plans for growth.”
Spence described McAndrew as a “unique champion” of the business and said that over many years, under his leadership, Callcredit has made enormous progress.
Subject to immigration formalities, Gordon is expected to join the company in Leeds before the end of the year.
Earlier this year, Callcredit reported a 57% increase in profits from operations to show full year pre-tax profits of £27.3m. It announced sales of £126m, which it said showed 15% organic growth on a like-for-like basis.
