High profile tech boss Stephen Kelly has been appointed to crisis-hit data company WANdisco in a bid to turn the company around.
The former Sage chief executive and chair of Tech Nation was announced as interim chief executive of the Sheffield and California-based firm to investors on the London Stock Exchange. Mr Kelly, a veteran of various senior tech company roles, as well as a stint in the civil service, said he thought the rescue mission undertaken by chair Ken Lever had made a good start.
It follows the revelation that there have been significant "irregularities" surrounding one senior salesperson and their received purchase orders, related revenue and bookings, which are likely to have created a £12m in the company's accounts. WANdisco's shares are currently suspended and last week the firm said it needed to make about 30% of its workforce redundant in order secure its long term future.
