Harrogate-based IT managed services provider Redcentric plc, which has undergone a number of boardroom changes in the past year, announce on Tuesday the appointment of Tony Ratcliffe, 61, as chief financial officer and executive director with immediate effect.

“Tony has over 25 years’ senior financial management experience with fast growing technology and service companies, including on AIM and Nasdaq,” said Redcentric.

“This experience extends across a number of high growth sectors, including healthcare, software and materials science.

“Most recently, Tony was CFO of SourceBio International, a healthcare technology group, where he led its AIM IPO and a successful restructuring which contributed to a fourfold increase in revenues and significant increase in profitability over a two-year period.

“In prior CFO roles, Tony has acquired varied operational, transactional, and strategic experience and driven significant growth, both organically and via M&A, with an ultimate focus on creating value for shareholders.

“Tony qualified as a Chartered Accountant with KPMG and has an MBA from Heriot-Watt University, Edinburgh.”

Redcentric CEO Michelle Senecal De Fonseca said: “I would like to welcome Tony to the Redcentric Board and look forward to working with him as we look to grow the business.

“Tony has many years’ experience in growing technology companies and driving shareholder value, which will bring valuable expertise to Redcentric.”