Endava Announces New Member of Board of Directors & Management Updates
02 Maggio 2023 - 10:30PM
Business Wire
Endava plc (NYSE: DAVA), a leading next-generation technology
service provider, announced today the appointment of Patrick
Butcher to its Board of Directors.
Mr. Butcher most recently served as Group Chief Financial
Officer of the Headlam Group plc from April 2022 until March 2023.
From January 2019 to November 2020, he served as Group Chief
Financial Officer at Capita plc. Prior to that, Mr. Butcher served
as Chief Financial Officer at various companies including The
Go-Ahead Group plc, Network Rail Limited, English and Scottish
Railway and Mapeley Limited. Mr. Butcher received his B. Compt.
(Hons) in Accounting and Finance from the University of South
Africa and is a qualified Chartered Accountant (South Africa).
“I am pleased to announce Mr. Butcher’s nomination to Endava’s
Board of Directors. He is a seasoned CFO and we believe his deep
experience in financial and operational leadership will be critical
as Endava continues to expand globally,” said Trevor Smith,
Chairman of the Board of Endava.
“I am thrilled to be joining the board of Endava. Endava is a
leader in providing next-generation technology services to
customers in multiple industries globally. The leadership team at
Endava has built a strong business and I look forward to helping
shape the strategy as the company continues with its ambitious
expansion goals,” said Mr. Butcher.
Endava also announced today a number of changes to the executive
team, effective 1st July 2023, designed to help position the
Company to achieve its projected growth out to 2030.
Rob Machin, our Chief Operating Officer, is transitioning off
the executive team to focus on our internal Business Transformation
programme, designed to enable Endava to scale through 2030. Over
the past few years Endava has been shifting to an industry vertical
go to market, which is a significant point of differentiation in
client engagements. To further accelerate this shift, Julian Bull
will be taking over as Chief Operating Officer, responsible for
both Sales and Client Delivery to our industry verticals.
In addition, Matt Cloke has been promoted to the position of
Chief Technology Officer, and both he and David Churchill, our
Chief People Officer, who previously reported to Rob Machin, will
be joining Endava’s executive team, reporting directly to the Chief
Executive Officer.
ABOUT ENDAVA PLC:
Endava is reimagining the relationship between people and
technology. By leveraging next-generation technologies, our agile,
multi-disciplinary teams provide a combination of product &
technology strategies, intelligent experiences, and world class
engineering to help clients become digital, experience-driven
businesses by assisting them in their journey from idea generation
to development and deployment of products, platforms and solutions.
Endava collaborates with its clients, seamlessly integrating with
their teams, catalysing ideation and delivering robust
solutions.
Endava services clients in Payments and Financial Services, TMT,
Consumer Products, Retail, Mobility and Healthcare. As of December
31, 2022, 12,183 Endavans served clients from locations in
Asia-Pacific, Middle East, North America and Western Europe and
delivery locations in Argentina, Bosnia & Herzegovina,
Bulgaria, Colombia, Croatia, Malaysia, Mexico, Moldova, North
Macedonia, Poland, Romania, Serbia, Slovenia, Uruguay and
Vietnam.
Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements may be identified by the use
of terms and phrases such as “believe,” “expect,” "outlook," “may,”
“will,” and other similar terms and phrases. Such forward-looking
statements include, but are not limited to, the statements
regarding Endava’s Board and management transitions and its ability
to realize the benefits thereof; and Endava’s expectations of
growth. Forward-looking statements involve known and unknown risks,
uncertainties and other factors that could cause actual results to
differ materially from the results anticipated by these
forward-looking statements, including, but not limited to: the
impact that Endava’s management changes will have on the business
and its growth; Endava’s ability to manage its rapid growth or
achieve anticipated growth; Endava’s ability to retain existing
clients and attract new clients, including its ability to increase
revenue from existing clients and diversify its revenue
concentration; Endava’s ability to attract and retain
highly-skilled IT professionals at cost-effective rates; Endava’s
ability to maintain favorable pricing and utilization rates; the
effects of increased competition as well as innovations by new and
existing competitors in its market; Endava’s ability to adapt to
technological change and innovate solutions for its clients;
Endava’s ability to collect on billed and unbilled receivables from
clients; Endava’s ability to effectively manage its international
operations, including Endava's exposure to foreign currency
exchange rate fluctuations; Endava’s future financial performance,
including trends in revenue, cost of sales, gross profit, selling,
general and administrative expenses, finance income and expense and
taxes; impact of general economic conditions on Endava’s business,
results of operations and financial condition, including increased
inflation; and other risks and uncertainties discussed in the “Risk
Factors” section of Endava’s Annual Report filed with the SEC on
October 31, 2022. In addition, the forward-looking statements
included in this press release represent Endava’s views and
expectations as of the date hereof and are based on information
currently available to Endava. Endava anticipates that subsequent
events and developments may cause its views to change. Endava
specifically disclaims any obligation to update the forward-looking
statements in this press release except as required by law. These
forward-looking statements should not be relied upon as
representing Endava’s views as of any date subsequent to the date
hereof.
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version on businesswire.com: https://www.businesswire.com/news/home/20230502005986/en/
INVESTOR CONTACT: Endava Plc Laurence Madsen, Investor Relations
Manager Investors@endava.com
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