Stone Group has named its chief bean counter Simon Harbridge as CEO to try to fill the hole left by predecessor James Bird.
In a statement issued today, Stone confirmed that Harbridge, who was involved in the firm's two management buy-outs in 2005 and then again in 2008, beat a bunch of other candidates to the role.
"His appointment creates a degree of consistency across the organisation," Stone said.
Steering a UK system builder is no easy task - most of the local PC and server makers bit the dust years ago and those that remain have focused on B2B verticals.
That said, public sector supplier Stone ground out a relatively decent set of calendar 2011 numbers, with sales dipping to £65.5m from £69.7m in 2010 but operating profits rising 42 per cent to £1.9m.
Long term debts stood at £31.1m at the back of last year, so Harbridge needs to figure out ways to ensure a sustainable and workable operating profit.
The company recently shuttered its Rock business which made heavy duty gaming laptops claiming it saw no potential in the future of the operation. ®
Sponsored: Webcast: Simplify data protection on AWS