We’re delighted to announce the appointment of Ed Prager as our new CEO.
Ed joins from Seagate Technology, where he acted as Vice President and General Manager, and will succeed our founder, Max Toti.
Bringing a wealth of experience in leading and personally transforming large businesses with over a thousand staff and more than half billion pound revenues, Ed’s IT career spans over 20 years with companies including IBM, News International and Xyratex.
The appointment is an important strategic milestone in our history. The move will allow Max to transition away from the day-to-day running of the business, and now concentrate on preparing the company for IPO stock market floatation in 2020.
Max will be working to drive Captec’s capabilities into the IoT arena, alongside focusing on mergers and acquisitions with an emphasis on North America and Canada.
Ed said: “I am delighted to be joining Captec at this opportune time, given its commitment and appetite to grow its reputation as a major manufacturer of specialist computing platforms.
I very much look forward to leading rapid growth in this next exciting phase as the company extends its international reach and accelerates towards IPO.”
The announcement comes off the back of a busy period of activity for us as a company, with the presentation of a refocused value proposition to the market through a new website.
As part of the new business model, we will be leveraging our expertise to focus on four platform areas: IoT, computer, tablet and rack, which can be made off-the-shelf, customised or bespoke depending on customer requirements.