The Board of Midwich, the leading specialist audio visual and document solutions distributor to the trade market, today announced that as part of a review of succession plans for the role of Group Finance Director, Anthony “Tony” Bailey will step down as Group FD and from the Board on June 30, 2018.
The Board announced that Stephen Lamb has been appointed to succeed Tony as Group FD and will join the Group’s Board on July 30, 2018.
Stephen Lamb is a qualified Chartered Accountant and is currently Senior Vice President and Chief Financial Officer of the International division of Iron Mountain INC, a US-listed global business dedicated to storing, protecting and managing information and assets. He has led an international finance team, developed back office systems and processes and overseen a number of international acquisitions. Stephen has also held previous finance roles at Regus PLC and Experian PLC.
Stephen Fenby, Managing Director of Midwich Group Plc, said “On behalf of the Board, I would like to take this opportunity to thank Tony for the contribution he has made to Midwich’s success over the last six years. Tony helped prepare the Group for its IPO in 2016 and its subsequent establishment as a public company. It has been a pleasure to work alongside Tony and I wish him well for the future.
“I am delighted that Stephen has agreed to join the Group and I am confident that his recent experience with growing and managing international businesses will be of great benefit to Midwich as we continue to expand our footprint across the globe.”