Business and residential UK ISP Glide Group, which is currently busy extending their full fibre broadband network, has today boosted their management team with the appointment of Chris Bates as the organisation’s new Chief Financial Officer (CFO).
Chris Bates joins Glide having previously worked in Private Equity owned businesses covering technology, engineering, contracting & construction and service sectors. With over 35 years of experience in finance, Bates has spent the last decade within CFO roles for organisations such as VPS Holdings, Survitec Group, Hydro International and Supplier Assessment Services.
Tim Pilcher, CEO of Glide Group, said: “Chris’ experience speaks for itself and we are really pleased to be able to welcome him into the organisation. It has been a pivotal year for Glide and following a strong first half to 2021, we are keen to continue with the same upward trajectory. Chris will play a significant role in helping us navigate the future and ensure that we can proceed with development at an exciting time in the coming months.”
The development follows last year’s acquisition of the Glide Group by American infrastructure investment firm Alinda Capital Partners (ACP) in June 2020, which is reportedly said to have paid around £200m to acquire the business. We should point out that Glide also has operations in Ireland, Italy and Spain.
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