Dicker Data appoints Ian Welch as CIO
- 06 August, 2015 14:00
Dicker Data has appointed Ian Welch to the position of CIO. Welch will also serve as Executive Director on the company's board of directors.
He was previously general manager - IT for the ASX-listed technology distributor.
Chairman and CEO, David Dicker, said, in a statement, "Ian worked with us for over 10 years in various consulting roles before joining the team in 2013.
"He has a deep understanding of our business and in line with our philosophy of having an Executive Board that supports the core functions of organisation, I welcome Ian into the position of CIO."
The appointment is effective immediately.
It's been a busy time for the company which emerged from a trading halt earlier in the week after successfully raising $45.5 million, covering the cost and integration of Express Data.
The distributor completed an institutional placement to raise $40.25 million and a $10.5 million sell down by founders David Dicker and Fiona Brown. The company has also proposed an underwritten share purchase plan (SPP) to raise a further $5.25 million from existing shareholders.
A total of 23 million shares will be issued at $1.75 per share.