Volante Group has appointed former Compaq South Pacific MD, Ian Penman, as it new CEO and group managing director. The decision follows a three-month search to replace current boss, Allan Brackin, who announced his resignation from the top job in July.
Penman's credentials include stints with a host of IT companies. Most recently, he was the head of Compaq South Pacific for 15 years, retiring from the position in 2000. During his tenure, Penman was involved with the integration of company acquisitions Tandem and Digital.
Penman previously spent 18 years with IBM in various roles, lastly as its Australian PC division head. He will take up the CEO position at Volante on November 1.
The IT services company's chairman, Robin Crawford, said its decision to hire Penman was based on his experience with large IT companies, as well as his hands-on understanding of how to integrate acquisitions.
In a statement, Penman said he looked forward to contributing to what he perceived to be a strong and sound business model.
"Our aim for the foreseeable future will be to continue to look after our customers better than anyone else can and to win an increasing share of the IT services and infrastructure market," he said.
Brackin had held the CEO's role since 2000, following Volante's acquisition of technology services company, AAG. He had spent a total of 18 years with the two companies and oversaw Volante's $70 million acquisition of Australian PC manufacturer, Ipex, in February.
Speaking to ARN about his decision to leave Volante in July, Brackin said he would not be pursuing another CEO role, instead choosing to focus on increasing his commitments with several not-for-profit charitable organisations.
Brackin will also retire from the Volante executive board on October 31.