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Securstore Gets New Investors and New CEO

In data recovery, it, technology on July 16, 2008 at 2:34 pm

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.