Capita's COO to take on enlarged role
Outsourcing group Capita has piled more on to Andy Parker's plate by announcing that the Chief Operating Officer (COO) is to additionally take on the role of Deputy Chief Executive Officer (CEO) from the start of June.
Outsourcing group Capita has piled more on to Andy Parker's plate by announcing that the Chief Operating Officer (COO) is to additionally take on the role of Deputy Chief Executive Officer (CEO) from the start of June.
Parker, a chartered accountant who joined Capita in 2011 and was appointed to the board in 2011, will continue in his current role as joint COO with Vic Gysin, who both report to CEO Paul Pindar.
As joint COO, he oversees the majority of Capital's non-financial services operations. The group said that he has experience within the majority of divisions and has been "instrumental" in developing its presence in additional markets such as health, justice and the emergency services.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Capita said that the added responsibility will help Parker to more directly support Pindar.
"This new enlarged role recognises Andy's depth of skills and experience and his valued contribution to Capita's success," Pindar said.
"Andy has played a key role in enhancing the operational strength of the company and in broadening our capability through identifying and successfully integrating a number of key acquisitions."
The shake-up comes a week after Capita was selected by network provider O2 for a 10-year strategic partnership worth £1.2bn. The firm is to run and manage O2's customer services centres and support O2 as it enhances and expands its digital services.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published