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Consult Red names David Webster as new CFO in growth strategy
Tue, 13th Feb 2024

Technology pioneer Consult Red has announced the appointment of David Webster as their new Chief Financial Officer (CFO). Webster's appointment is part of the company's aggressive growth strategy, aiming to broaden and enhance its consultancy and engineering services within the robust sectors of embedded systems, connectivity and AI applications.

Webster, who is a Fellow of the Chartered Institute of Management Accountants, will utilise his broad expertise in finance, operational strategy and multi-sector experience to boost Consult Red's Board and Executive Leadership Team, poising the company for continued growth in the booming tech industry. Webster brings a feathered cap full of experience from his previous role as Finance Director at Horizon Platforms Ltd, where he was instrumental in growing the business turnover from £13m to £22m. His involvement in transitioning the company to Employee Ownership, along with non-executive director roles in several major organisations, is expected to benefit Consult Red's trajectory.

Stuart Griffin, CEO of Consult Red, expressed full confidence in Webster's appointment, emphasising his multi-sector experience and expertise in managing the unique challenges and opportunities of employee-owned businesses. "On behalf of myself and the Board, we welcome David to the Consult Red team. His understanding of the employee ownership journey and multi-sector experience make him the ideal choice to guide our financial strategy. Bringing the right mix of expertise and energy, I believe he will propel our financial performance as we continue to innovate and grow in this dynamic market," Griffin says. He also thanked outgoing CFO, Paul Stevenson, for his dedicated service.

Webster expressed immense pleasure in joining the Consult Red team, highlighting the company's strong work culture and position as a leader in technology consultancy. "I’m thrilled to be joining Consult Red. There were clear synergies from my previous experience given the business is Employee Owned, and the culture shone through right from my first meeting," he says. "The business is a true leader in the technology consultancy space, and I look forward to working with Stuart and the team while bringing my finance experience to enable the business to sustainably grow and provide its trusted services to a growing customer base."

Consult Red's strategic move to recruit Webster, known for his success in improving financial and operational performance across various sectors such as Telecoms, Retail, FMCG and Construction, solidifies their commitment to achieving continued growth and financial excellence. The company confidently looks forward to experiencing the positive impacts of Webster's leadership and experience for its continued success.