Wednesday, November 25, 2020

Former MD takes on CFO role for a new employer

Onyx Group has appointed Andrew Goldwater, former MD of the Daisy Group, as Chief Financial Officer.

As part of his new role, Andrew has been tasked with providing Onyx Group with the strategic and financial guidance required as the company looks to accelerate its impressive financial expansion. Onyx are looking to build on growth which has resulted in revenues leaping from £4m in 2005 to £30m in 2015.

During his tenure at Daisy, Andrew played an integral role in leading the company through the acquisition of 2e2’s administration-stricken Data Centre assets and delivering post-acquisition financial results well in excess of initial management expectations and the acquisition plan budget.

He says:  “This is an exciting time to be joining Onyx Group. I am looking forward to applying my financial and commercial experience to help facilitate the ambitious growth plans the company has in place. We are in an extremely strong position financially and I am thrilled at the prospect of taking the business to the next level.”

Onyx CEO Neil Stephenson says: “Technology is one of the real growth sectors in the UK and our expansion through acquisitions and large customer wins means we remain at the forefront of it. I am delighted to announce the appointment of Andrew as our new Chief Financial Officer, he brings a wealth of valuable knowledge and experience to the team which will prove vital in the continuation of our business growth.

“Andrew’s appointment is the latest in a long line of investments we are making to ensure we have the senior team, best technology and expertise in place to deliver our long-term goals and objectives. With previous senior roles at Daisy Group, Ernst & Young and BNS Telecom Group, it is testimony to our progress that we can recruit people with Andrew’s experience and I am confident that he will have a big impact on our business.”

Established in 1994, Onyx Group has grown from a regional IT company to a national technology provider with sites in the Yorkshire, the North East, London, and Scotland. 

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemichaving a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £31.50 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.




Latest news

Ministers asked to intervene over Leeds’ rail research institute

Rail industry and civic leaders are urging the Government to accelerate construction of an advanced rail Institute that would provide a “game-changing opportunity for...

South Yorkshire businesses urged to prepare applications for new first come, first served financial support

A new Restart and Recovery fund, which will be available from Wednesday 2nd December, will help businesses who have been unable to trade conventionally during...

Plans unveiled for new mixed-use scheme at Rotherham’s Waverley development

Harworth Group plc, a regenerator of land and property for development and investment, has unveiled plans for a new mixed-use scheme which will form...

Last chance to book for #GoDigital20

There is just one day left until the return of Business Lincolnshire’s annual #GoDigital Conference. The first time the event will take place virtually, this...

Leeds tech consultancy expands into Australia

BJSS, a Leeds-based tech and engineering consultancy, is expanding into Australia with the opening of an office in Melbourne. The new office – its fourteenth...

Funding for Sheffield Hallam-led project to support regional businesses

Sheffield Hallam University and two partner colleges have been awarded more than £1.8 million funding to support regional businesses during continued COVID restrictions and...

Related news

Ministers asked to intervene over Leeds’ rail research institute

Rail industry and civic leaders are urging the Government to accelerate construction of an advanced rail Institute that would provide a “game-changing opportunity for...

South Yorkshire businesses urged to prepare applications for new first come, first served financial support

A new Restart and Recovery fund, which will be available from Wednesday 2nd December, will help businesses who have been unable to trade conventionally during...

Plans unveiled for new mixed-use scheme at Rotherham’s Waverley development

Harworth Group plc, a regenerator of land and property for development and investment, has unveiled plans for a new mixed-use scheme which will form...

Last chance to book for #GoDigital20

There is just one day left until the return of Business Lincolnshire’s annual #GoDigital Conference. The first time the event will take place virtually, this...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close