Brady taps Carmen Carey as new CEO

19th Dec 2018 08:30

(Sharecast News) - Risk management solutions outfit Brady has tapped Carmen Carey to take over as its new chief executive officer and pick up some of the duties currently handled by executive chairman Ian Jenks.Carey, an IT industry veteran who joined Brady as a non-executive director back in March 2017, will begin her duties as CEO on 18 February while Jenks, who became executive chairman in September 2016, will step back from the role and again become the group's non-executive chairman from 1 April.She was most recently CEO of artificial intelligence company Unbabel and before that Sweden's Apica, a load testing and synthetic monitoring solutions provider. Prior to that she led two UK-based companies before they were snapped up by larger rivals, Big Data Partnership which was sold to Teradata in 2016 and ControlCircle which was bought by Alternative Networks Group in 2014.During his "longer-than-anticipated" tenure the chairman, who took on the executive mantle in what was expected to be a short-term measure, was required to steer Brady through "a time of huge transition".Jenks said: "We are delighted to have secured such a high-quality chief executive as Carmen. It is a testament to Brady's strength, position and products that Carmen wanted to make the transition from non-executive director to chief executive."Carey said she felt the opportunities available to the company are "substantial" and she said: "I am confident that my experience gained across a wide range of technology businesses will help Brady realise its full potential."As of 0830 GMT, Brady shares had slipped 0.39% to 64p.