Listed IT managed services provider Redcentric has appointed Michelle Senecal De Fonseca as its latest CEO as it releases its FY25 figures.
Senecal De Fonseca has been a non-executive director of the Yorkshire-based company since February 2024 and is an experienced executive in the technology industry.
She was previously managing director for Vodafone’s Cloud and Hosting Services business and served as area vice president for sales and services for Northern Europe at Citrix Systems, before becoming its global vice president for strategic alliances.
She also serves as a non-executive director on the boards of four other firms.
“I am honoured to be appointed to the role of CEO. My vision is to elevate our commitment to delivering unparalleled value to our clients by enhancing our service offerings, embracing cutting-edge technologies, and fostering a culture of innovation and collaboration,” said Senecal De Fonseca.
“I am dedicated to empowering our talented team to drive operational excellence, strengthen client partnerships, and position Redcentric as the trusted partner for businesses navigating the complexities of the digital landscape.
“Together, we will shape a future where our clients thrive through transformative, reliable, and forward-thinking managed services.”
Senecal De Fonseca’s appointment comes a month after the firm’s former CEO designate Brian Woodford decided to step down from the role.
Woodford was set to replace Peter Brotherton, who had decided to step down from the CEO role in January, but ended up returning to the role after Woodford’s departure in a turbulent time for the company.
Now that a new CEO has been appointed, Brotherton has agreed to remain available to the business in a strategic advisory capacity.
The firm has also released its FY25 results, with revenues increasing by 4.2 per cent to £170m.
Redcentric’s adjusted EBITDA increased significantly in FY25, rising from £28.3m to £37m.
The company has accredited these results to its acquisition strategy and the positive impact of enhanced operational efficiencies.
During FY25, it successfully completed the migration of the data centres business, a key milestone in Redcentric’s transformation strategy.
Richard McGuire, chairman of Redcentric, added: “FY25 was a transformative year for the company, a year in which it delivered significant revenue and EBITDA growth predominantly driven by prior strategic acquisitions and operational excellence.
“The entire Redcentric team successfully delivered the separation of our MSP and DC divisions, and management’s resilience and focus on cost efficiency have positioned the company for continued success.
“Whilst the board joins me in welcoming Michelle to her new role as CEO, they would also like to thank Peter for his strong leadership to date and we are pleased that he will remain with the company for a period of time as a strategic advisor and support a seamless transition of CEO duties.
“I look forward to working with Michelle who has significant sector experience. In FY26, our aim is to build on the strong foundations laid during the year, to accelerate organic growth, streamline operations, and enhance returns for our shareholders.”