Digico Completes Management Buyout
From James Gordon, Managing Director, Digico
DIGICO COMPLETES MBO
July 7th was a significant date on the calendar for many reasons, not least
of which for those at DiGiCo was the completion of its management buyout.
The new management team comprises Managing Director James Gordon, Chief
Executive Bob Doyle, Marketing Director David Webster, Technical Director
John Stadius and Company Secretary Helen Culleton.
Gordon explains the reasons behind the first significant project he has
undertaken since his appointment as MD. “We’ve always been a reactive and
pro active company that understands the market place we’re in,” he says.
“However, when you have external investors, there is a need to explain the
ins and outs of decision making processes and that can slow things down.
“The management buyout removes that requirement and means we can focus more
of our time on doing what we do best, making us an even more agile and
focussed company.”
Along with a number of plans yet to be revealed, DiGiCo will be putting a
share incentive scheme in place for its employees. “It’s nice that as a
modern company we’re able to reward the people that work with us and put in
the extra time,” continues Gordon. “We have a lot of staff that work 24/7
for the benefit of this company and they will now be able to share in the
success with us fully. “The potential of what we can achieve with the
technology we have within the company, both current and future, is amazing.
The enthusiasm and drive for success that has got us this far is right back
to where it was when we started in 2002.”