Dave McGinn Steps Down After Daisy-Virgin Media O2 Merger
Dave McGinn, who guided Daisy Communications for over a decade, has stepped down following the merger with Virgin Media O2. The deal has created a £1.4 billion revenue business, with Matthew Riley, Daisy's founder and chair, paying tribute to McGinn's leadership. McGinn joined Daisy in 2009 as Managing Director of Daisy Distribution and rose to become CEO in 2016. Under his tenure, Daisy grew to serve the business communication and IT needs of hundreds of thousands of UK businesses. The company offers a range of services, including cloud-based communication, 5G Private Networks, IoT connectivity, security solutions, and AI-powered products. Following McGinn's departure, Marc Allera will take the helm as CEO of the combined entity. The new business, with Daisy Group holding a 30% stake, boasts annual pro forma revenues of around £1.4bn. Dave McGinn's exit comes after a successful merger that has resulted in a significant player in the UK's business communication and IT sector. Marc Allera now faces the task of leading the new entity, which promises to serve a vast number of businesses with its extensive range of services.
Read also:
- Federal Funding Supports Increase in Family Medicine Residency Program, Focusing on Rural Health Developments
- Potential Role of DHA in Shielding the Brain from Saturated Fats?
- Alternative Gentle Retinoid: Exploring Bakuchiol Salicylate for Sensitive Skin
- Hanoi initiates a trial program for rabies control, along with efforts to facilitate the transition from the dog and cat meat trade industry.