Stone Group has named its chief bean counter Simon Harbridge as CEO to try to fill the hole left by predecessor James Bird. Bird flew the coop back in October over a disagreement with VC backers RJD Partners, believed to hinge upon the timing of an exit strategy - he wanted out sooner than they did. In a statement issued today …
PC supplier Stone Group's founder and long-standing CEO James Bird is leaving the organisation, The Channel understands. Sources in the sector claim Bird informed private equity backers RJD Partners of his plans to exit the organisation some months ago and is currently working a notice period that is believed to end in November …
Stone Group has killed off the Rock Group operation, which built hefty gaming laptops and notebooks, claiming it saw "no potential" in its future. Staffordshire-based PC builder Stone bought the assets of Rock Group in late May 2008 after the firm was placed into administration by Nick Boardman, who founded the business some 16 …
Stone Group, reseller to the public sector, has bought high-end laptop maker Rock Group which went into administration earlier this month. Staffs-based Stone will keep the Rock brand and its focus on high-end laptops and games machines. Stone will hope to sell more of these machines to its traditional public sector customers. …
Channel veteran Sam Kazerounian has climbed back on the daily treadmill after breaking his self imposed employment exile to become MD at Centreprise. Kazerounian sold Compusys to Stone Group back in 2006 to create a £100m turnover biz and then hung up his boots when the business was integrated. Well practically. He set up Ziboo …
Intrinsic Technology chief exec Mike Mason has led a management buy of the Merseyside-based reseller backed by venture capitalist RJD Partners. In a statement, Mason confirmed the MBO team had bought the business from founder and majority shareholder Allan Gauld for £30m, an eye-watering price despite healthy 2010 results. …
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