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Calyx MS CEO Brady signs for Southend Utd

Microscope contributor

Calyx Managed Services (MS) boss Tara Brady is standing down and will become chief executive at League Two football side Southend United with immediate effect.

Brady, who joined Calyx in June 2008, has held a number of senior positions within the IT industry, running the financial services business at Logica, group Board member at Getronics and PwC.

He presided over Calyx at a challenging time in its history and managed to keep the business afloat despite debts of circa £100m before the majority of its assets were acquired by Better Capital through an administration restructuring of the finance.

Talking to MicroScope, Brady confirmed he will remain a non-executive director at Calyx to assist his successor, industry veteran Martin Mackay on a 'buy and build' strategy.

"I look forward to continuing my support for Calyx and working with Martin Mackay whilst I take on this new challenge," he said.

MicroScope understands that Brady has invested significantly in Southend United - which was relegated to the second division in the Championship last season - to help the club realise its ambitions to build a new stadium.

"The chairman Ron Martin is well known to me and I view this as a partnership to promote the Club's success through the new stadium project. Relegation last year was a blow to everyone but now we are only looking forward," said Brady.

The Calyx operation is now debt free, creating a platform that with the backing of venture capitalist expert John Moulton, is planning to stage a roll up in the UK channel of a managed services specialist

Mackay, formerly VP at Verisign, which was this year sold to Symantec, was also managing director Europe at Northgate Information Solutions and held various senior roles at Peoplesoft.

In a note to staff, Calyx CEO Fiona Timothy, who was brought on board recently as part of a shake-up of the management team, said the company has a strong structure in place, "to ensure that we grow the business both organically and through acquisition over the years ahead."

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