Consult Red appoints new Chief Financial Officer (CFO)

12 February 2024 – Consult Red, a technology pioneer for connected devices and systems, is pleased to announce the appointment of David Webster as Chief Financial Officer. David will sit on Consult Red’s Board and join its Executive Leadership Team as the company drives growth, propelled by demand for consultancy and engineering services in embedded systems, connectivity and embedded AI applications.

This strategic addition to the leadership team reflects Consult Red’s commitment to continued growth and financial excellence, building on the great work of outgoing CFO, Paul Stevenson.

David is a Fellow of the Chartered Institute of Management Accountants and brings a wealth of experience in Finance, Operations and Strategy. Before joining Consult Red, he served as Finance Director at Horizon Platforms Ltd. where he played a pivotal role in supporting the business growing from £13m to £22m turnover and being heavily involved in the transition to Employee Ownership. His expertise has evolved by working across several sectors, including Telecoms, Retail, FMCG and Construction, where he has developed skills and knowledge that have been instrumental in improving financial and operational performance and driving growth for multiple organisations. David also holds Non-Executive Director roles at the South West Yorkshire Partnership NHS Foundation Trust and the Mast Academy Trust.

“On behalf of myself and the Board, we welcome David to the Consult Red team. His understanding of the employee ownership journey and multi-sector experience make him the ideal choice to guide our financial strategy. Bringing the right mix of expertise and energy, I believe he will propel our financial performance as we continue to innovate and grow in this dynamic market. I’d also like to thank Paul Stevenson (outgoing CFO) for his contributions to the Company over the past few years. We wish him all the best in his next role.”

“I’m thrilled to be joining Consult Red. There were clear synergies from my previous experience given the business is Employee Owned, and the culture shone through right from my first meeting. The business is a true leader in the technology consultancy space, and I look forward to working with Stuart and the team while bringing my finance experience to enable the business to sustainably grow and provide its trusted services to a growing customer base. The team has also been very welcoming in my first weeks, and I’d also like to thank Paul for ensuring a smooth transition.”

Consult Red is confident that David’s leadership and experience will greatly contribute to the company’s success and is excited to welcome him to the team.

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Consult Red is a leading technology consultancy, celebrated for over two decades of innovation and excellence, and proudly owned by its employees. A global team of 300 passionate professionals operates in the UK, USA, Poland, and India, serving as trusted partners to the world’s foremost media, telecommunications, and IoT brands.

Expertise in connected devices and systems has solidified Consult Red’s position as a technology pioneer, with innovative solutions found in over 50 million households worldwide. With its recent inauguration of an innovation centre in Hyderabad, India, Consult Red reaffirms its commitment to delivering world-class service and exploring the untapped potential of emerging markets. Explore the future of innovation with Consult Red as your trusted guide.