Harrogate-based IT firm Redcentric plc said that Chairman Nick Bate plans to step down immediately following the company’s annual general meeting on 26 September.

The company, which manages data centres and provides a range of IT services, said it would appoint Richard McGuire as independent non-executive chairman, with McGuire joining the company on 27 September.

McGuire is an experienced chairman and non-executive director, having held directorships in a portfolio of companies across the technology, financial, real estate and leisure/gaming sectors. He is currently the non-executive chairman of GYG Limited and the executive chairman of Sportech Ltd. He has also held senior leadership roles in investment banking, private equity and institutional asset management. 

Redcentric also said it would appoint John Radziwill as a non-executive director, subject to completion of the standard due diligence process. Radziwill is a representative of ND Capital Investments Limited, one of Redcentric’s largest investors. 

Peter Brotherton, Chief Executive Officer, said: “On behalf of the Board and all at Redcentric, I would like to thank Nick for his leadership over the last three years.  His experience and counsel have been of great assistance during a time of growth and change for the group.  We wish him all the best for the future.”

“I am delighted to welcome Richard to the board. His experience in the technology sector and skillset will be of great value to the Company going forward.”