Capita sees CEO transition and sales activity ‘buoyant’

Outsourcing firm Capita has announced that Andy Parker will succeed Paul Pindar as chief executive officer in March, as the firm announced “buoyant” sales activity and new business in 2013.
Mon, 18 Nov 2013Outsourcing firm Capita has announced that Andy Parker will succeed Paul Pindar as chief executive officer in March, as the firm announced “buoyant” sales activity and new business in 2013.

Pindar retires after 26 years with the company to establish a portfolio of private equity opportunities, alongside his role as non-executive chairman of Integrated Dental Holdings.

Parker steps down from his current role as joint chief operating officer and becomes deputy CEO on 1 January, “to ensure a seamless transition”, the company says in a statement. Dawn Marriott-Sims, currently executive director of Capita's Workplace Services division, becomes joint COO on the same date.

In line with Capita's senior management succession plan, Parker will succeed Pindar from 1 March.

Pindar will be retiring on a high. According to an interim management statement released today (18 November), Capita secured £2.9bn of contracts in 2013, compared with £1.7bn for the same period in 2012.

The firm says the defence and justice areas are particularly strong. Major new public sector contract wins have included the Department of Energy and Climate Change, the Ministry of Justice, and the Cabinet Office. Private sector wins include Carphone Warehouse and O2.

To date in 2013, the company has also acquired 13 businesses, investing £271m.

Capita says it expects to hit is target of 8% organic growth for 2013.

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