Kevin Briggs

Interim Financial Management

Telecom and technology

I have worked for a number of different types of telecoms equipment businesses and information technology companies under various circumstances. These include:

·         Interconnect Ltd, a VC-owned business, and which was taken over by Securicor plc, a FTSE100 company and a telecoms equipment manufacturer, reseller and maintainer that achieved a couple of development firsts. I was instrumental in merging Interconnect Ltd into the Securicor plc subsidiary, ultimately heading finance in the combined business.

·         TTML was a telecoms equipment reseller and maintainer, where I was head of finance.

·         Automatic Minibar Systems Ltd was a joint venture between the German subsidiary of the Swedish-quoted Electrolux and the Swiss Minibar AG, a company owned by a German high net worth individual. The business supplied the hotel industry with computer command and controlled minibars for guestrooms. I was head of finance of this business, but also ran finance for three other Minibar AG businesses in the UK, an electronics manufacturer, an equipment reseller and an equipment maintenance business (although there was no group structure for these). During this time I implemented Cognition in the business and also in the US-based subsidiary.

·         Bookham Technology plc was one of the “dot com boom” businesses and manufactured the devises for send light along telephone lines. My assignment was to integrate the £12m turnover optical components business acquired from Marconi, and during this time, I implemented both Impact Award and SAP.

·         Digipos Group is a reseller of point-of-sale command-and-control computer systems for retailers. My assignment was to integrate a newly acquired business, the maintenance business of Real Time Controls plc, into the group. During this time, I implemented Navision (now Microsoft Nav) and the company was refinanced through VC’s following the withdrawal from the business of one of its owners.

·         Torex Retail plc was a £75m turnover AIM-listed business, and a competitor to Digipos. My assignment was to integrated three of its operating businesses and to relocate its finance functions onto one site. During this time, the assignment changed to being UK financial controller, with specific attention being paid to cash management, since the business was in a fair amount of financial distress. Following the intervention of the Serious Fraud Office and City of London police (which happened after my time) this business has been broken up and its operating activities are now owned by the VC firm Cerberus.

·         Following a period when it had outsourced its IT business, J Sainsbury plc opted to bring it back in-house. My assignment concerned its capital projects and I set up the controls, reporting and procedures that were necessary to support its project management office (PMO).

 

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