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Carousel Logistics co-founder and chief executive Graham Martin has announced he will move to a non-executive director position.
Former Cardtronics International and WLT Europe CEO Jonathan Simpson-Dent (pictured above) will join Carousel this month as the new chief executive.
“Every founder knows that at some point the time must come to hand over the baton, and for me that point is now,” Mr Martin (pictured below), said.
“I’m incredibly proud of what we’ve achieved, specifically, a strong foundation that enables Carousel to enter the next phase of its journey and this feels to me like a really great time to hand over that baton.”
Mr Martin has overseen a fourfold growth in group revenues since receiving private equity backing in 2013, and over the last four years Carousel has expanded its operations into new European markets and made three strategic acquisitions.
“Carousel is now at a key point in its journey, to become the number one choice for service-logistics in Europe. Jonathan is the ideal candidate to join us at this point because of his expertise growing organisations internationally, as well as his experience working with organisations like ours.
“He’s already deeply committed to the Carousel purpose, which will ensure our continued success, while also importantly the preservation of our values-focused culture,” he added.
Mr Simpson-Dent joins Carousel with 20 years’ strategic leadership experience in “scaling service and technology-driven B2B organisations through domestic, international and acquisitive growth”.
On his new role he said: “I’d like to thank Graham for building a culture, team and technology platform that I now have the opportunity to take forward in the next phase of the journey.
“My priorities will be to help the business realise its true potential; to continue delivering an unswerving commitment to both Team Carousel and our clients, while also preserving Carousel’s renowned reputation for quality and care. I can’t wait to get started.”
He will join Carousel’s strategic board alongside chief financial officer Nigel Ward, chief sales officer Kevin Turner and chairman Franz-Joseph Miller.