From the online edition of Growth Business news of a shake up at Securstore, the online back-up and recovery business with data centres in the UK and Iceland.
Orn Gunnarsson is the new CEO – he stepped down recently as managing director at Saga Capital Investment Bank – replacing Alexander Eiriksson, who will become the company’s chief operating officer.
Bjarni Armannson has become a new non-exec. He is a director of US private equity firm Paine & Partners.
Both are taking a 25% stake in the business.