NCC Group has appointed a new CEO in Mike Maddison with Adam Palser opting to step down after more than four and a half years in the role.
Maddison is currently head of EY’s cyber security, privacy and trusted technology practice for EMEA, a role he has held since 2017.
NCC said he has successfully delivered strong growth across the 97 countries in the region and reinforced EY’s position as a leading cyber security adviser.
Previously he led PwC’s risk services practice across the Middle East and before that was head of Deloitte’s cyber security consultancy in EMEA for 10 years, where he also drove significant growth.
Maddison will join the board on 1st August 2022, with Palser remaining as CEO until mid-June.
In the six-week interim period, Chris Stone, non-executive chair, will serve as NCC’s executive chair.
“On behalf of everyone at NCC Group, I would like to thank Adam for the enormous contribution he has made,” said Stone. “He has managed an extremely successful turnaround in the business, professionalised it and brought it to a place where it has significant opportunity for future growth.
“I am delighted that someone with Mike’s knowledge of the cyber security markets and impressive track record has agreed to join us. With his skills I am confident that NCC Group will be able to build on the momentum it is already seeing across its markets, providing clients with the support and peerless technical knowledge they need in these enormously uncertain times.
“We are all very much looking forward to welcoming him and working with him. It is good to be able to make this change whilst the business is growing so strongly.”
Palser said: “I have thoroughly enjoyed my time at NCC Group and leave safe in the knowledge that its prospects have been transformed over the past four and a half years.
“The group now has a great opportunity to grow by offering its unmatched skills to a blue-chip client base at a time when cyber risk has never been higher.”
The firm’s board said it expects revenues in the second half of the year to be substantially higher than both the prior year period and H1.