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Colt appoints Chief Financial Officer

November 2019 by Marc Jacob

Colt Technology Services has announced the appointment of
Gary Carr as its Chief Financial Officer (CFO) for the organisation. This role sees Gary join the Executive
Leadership Team, reporting directly to Carl Grivner, Colt’s Chief Executive Officer (CEO).

Gary joined Colt five years ago as Group Financial Controller before taking up the role of Deputy CFO.
During his time with the company he has been responsible for various commercial operations including
leading the Financial Shared Service Centre in India. Gary has 23 years’ of leadership experience from
across the telecommunications, IT and financial services sectors.

In his new position, he 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.
Prior to joining Colt, Gary held several roles across BT Global Services, his most recent being Vice
President, Finance Control. He also held various leadership roles at Siemens, with his time there
culminating in Gary being named Finance Director and Acting Managing Director.
Carl Grivner, CEO, said; “We are excited that Gary is stepping up to take on the CFO role. 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.

Commenting on his appointment, Gary said: “Over my years with Colt, I have seen the company move from
strength-to-strength, building its global presence and innovative product portfolio. 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,” Gary added.

Gary is based in Colt’s London Headquarters, Colt House, and his appointment is effective from 1st of
November.

Gary Carr has been named Colt’s CFO, bringing 23 years’ leadership experience across the
telecommunications, IT and financial services sectors.
London, UK, 12th November 2019 – Colt Technology Services has today announced the appointment of
Gary Carr as its Chief Financial Officer (CFO) for the organisation. This role sees Gary join the Executive
Leadership Team, reporting directly to Carl Grivner, Colt’s Chief Executive Officer (CEO).

Gary joined Colt five years ago as Group Financial Controller before taking up the role of Deputy CFO.
During his time with the company he has been responsible for various commercial operations including
leading the Financial Shared Service Centre in India. Gary has 23 years’ of leadership experience from
across the telecommunications, IT and financial services sectors.
In his new position, he 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.

Prior to joining Colt, Gary held several roles across BT Global Services, his most recent being Vice
President, Finance Control. He also held various leadership roles at Siemens, with his time there
culminating in Gary being named Finance Director and Acting Managing Director.

Commenting on his appointment, Gary said: “Over my years with Colt, I have seen the company move from
strength-to-strength, building its global presence and innovative product portfolio. 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.


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