GB Group has appointed Chris Clark to replace Richard Law as CEO.
Investor Law, who has served as chief executive for 14 years, this year asked the board at the Chester-headquartered identity intelligence specialist to begin looking for a successor as he must now prioritise family matters.
They have turned to Clark, Experian’s managing director in the UK, Ireland, Europe, Middle East and Africa since 2012.
He is expected to take over from Law on April 1st 2017, sufficient time to complete an “orderly handover”. Law will then retire from the board.
“After a thorough and rigorous search process we are delighted that Chris Clark has agreed to join GBG as its CEO,” said chairman David Rasche.
“Chris has very significant business experience and expertise in growing and improving international technology-based businesses with an emphasis on partnering and customer relationships.
“He has excellent business experience and the drive to help us take GBG to the next level of growth and development.
“I am personally very pleased that we have been able to attract someone with his calibre, track record and further potential.”
Before joining Experian, Clark ran several businesses during 20 years at BT and has been based in Washington, Brussels, Amsterdam, New York and Dublin throughout his career.
Law will continue to serve in a full-time role until April.
“GBG is now worth half a billion US dollars,” he told a BusinessCloud conference this summer which also featured the likes of Music Magpie CEO Steve Oliver.
“When I announced I was going to step away from the business, the share price went up ten per cent!
“And that’s the way it should be.
“I’m convinced that GB Group will continue to grow: I’ve got a fantastic team in the business.”