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By | Paul Kunert 24th May 2013 14:14

Westcon bidding farewell to chief bean counter

John O'Malley set to exit next month

Westcon has waved goodbye to long serving chief abacus stroker John O'Malley who resigned after nearly 14 years service

The industry veteran was made CFO in 1999 and added exec veep to his title in 2006. He leaves on 3 June to "pursue other business opportunities", parent company Datatec has confirmed.

Group president and CEO at Westcon, Dean Douglas, said in a canned statement that O'Malley "contributed at every key juncture of the business" during his time on board.

In the interim, corporate controller John DiRico will sit in the CFO chair.

In the last set of results for fiscal 13, Datatec, networking and comms distie Westcon let the side down with operating profits slumping 18.4 per cent to $98.2m as costs soared.

Sister company Logicalis did rather nicely - boosting operating profits 28 per cent to $54.7m on the back of a nine per cent rise in sales to $1.35bn. ®

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