The UK boss of Integralis has been rewarded for contributing heavily to helping the security specialist move back into the black with a promotion to the board.
Yearly results released yesterday showed that the UK had been the best performing territory for Integralis as it managed to turn a post-tax loss of €6.4m to a profit of €1.4m.
The UK was the strongest performing territory delivering €81.1m of the overall revenue figure of €188m, increasing year-on-year its share of the business by 21.5%.
As a recognition of that performance the current UK managing director Simon Church has been promoted to COO with a brief to help drive managed security services.
Luc Loos, the Chairman of Integralis AG's Supervisory Board, confirmed that the performance of the UK in the last fiscal year was a major factor in deciding to reward Church with a promotion.
"Simon has been successful in delivering healthy growth of Integralis in the UK through 2010, bringing the division's contribution to global revenue up to 43%," he said.
Church responded by pointing out that there was still an opportunity for those prepared to focus on services to have a growing impact in the market.
"These are interesting times for the security industry, with further strong growth predicted in the market as risk management becomes such an integral part of any business operation," he said.
"At the same time, we have seen a lot of consolidation recently, with some of the smaller security specialists losing their innovative edge as they have become part of broader global organisations," he added.
Church joined Integralis in the summer of 2009 having come from VeriSign, where he was vice president of security services.