BTL group announced this week on October the 2nd a Leadership transition within the company. In the communication, they announced that BTL’s co-founder, Guy Halford-Thompson, stepped down from his CEO role.Replacing him is Dominic McCann, previously executive vice-president for BTL.
However, Guy Halford-Thompson remains a member of BTL Group’s board.
4 Reasons why this Leadership Transition Is Good News for BTL Group
Reason # 1 McCann’s Track record
The best description we found comes from his linked-in Profile:
Dominic McCann started out his career at Accenture Management Consulting delivering technology transformation projects within Investment Banking. He has also managed Global application development and implementations projects across multiple sectors.
Following Accenture, he pursued his leadership, business development and management skills running Dells Local and Central Public Sector Scotland division.
He immigrated to Australia in 2007 where he helped build and sell an Oil and Gas focused analytics practice, before joining SAS Institute. Following almost a decade of new business growth he now leads a global team as SAS Global Client Director for Shell.
Reason # 2 The timing of the transition
McCann was appointed as an Executive VP in BTL in July 2017. Clearly, the role was a stepping stone to prepare him for the upcoming role. Which is a good thing as a proper succession planning is important for a smooth transition therefore for investors.
We’ve actually covered his appointment in July 2017 in our article BTL Group and why the Rally might not be over yet. We’ve mentioned how this is as a solid addition to BTL Group.
This appointment also comes at a time where the company needs to focus on revenue generation.
Reason # 3 The need to focus on revenue generation
According to BTL’s Roadmap, Q4 will be focused on the commercialization of Interbit licenses. This is where McCann’s background in managing Global application development and implementations projects will be important to the future success of BTL.
