Colt names Gary Carr as CFO

Colt names Gary Carr as CFO

13 November 2019 | Natalie Bannerman

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Colt Technology Services has appointed Gary Carr as its new chief financial officer (CFO).

In his new position, Carr (pictured) will ‘lead a period of financial transformation for Colt’, ensuring that all functions across the organisation are working together for the overall benefit of the business. In addition, upon entering the new position, he will also join the executive leadership team reporting to CEO Carl Grivner.

With over 23 years’ experience in telecoms, Carr joined Colt five years ago as group financial controller before being promoted to deputy CFO. During his time with the company he had overseen various commercial operations including leading the financial shared service centre in India.

“We are excited that Gary is stepping up to take on the CFO role, said Grivner. “During his time at Colt, he has demonstrated strong financial leadership and the team has already started to transform into one of the most agile functions within Colt. We pride ourselves on the people within our organisation, and we’re especially pleased to have Gary joining our executive leadership team, and I look forward to seeing his continued success within Colt.”

Prior to joining Colt, Carr held several roles across BT Global Services, his most recent being vice president of finance control. He also held various leadership roles at Siemens, with his time there resulting in Carr being named finance director and acting managing director.

“Over my years with Colt, I have seen the company move from strength-to-strength, building its global presence and innovative product portfolio,” added Carr. “Today, the industry is more fast-moving and dynamic than ever before. From a finance perspective, this rapid rate of change means that this function needs to be as innovative and agile as the rest of the business. I have a fantastic team in India, Asia and across Europe, and I’ve no doubt they will rise to the challenge. I’m looking forward to seeing what we can achieve to drive Colt’s continued success.”