Daisy Group has announced changes to its wholesale business following the expiry of a management earn-out.
Following the acquisition of Murphx Innovative Solutions in June 2010, and its subsequent successful integration into Daisy Wholesale, it has been announced that the former Murphx management team of Carl Churchill, Richard Jay, Ben Murphy and Nicki Jay have left the business on completion of a management earn-out.
The Daisy Wholesale board of Paul Richens, Operations Director, Garry Growns, Sales Director and Frank Chapman, Finance Director will continue in their existing roles. They will be joined by Paul Burton, newly appointed as interim Managing Director of the business.
Together they will remain in control of the day-to-day management of Daisy Wholesale from the Group’s offices in Lancashire and Hampshire.
Daisy Group CEO Matt Riley said: “In announcing these changes to the Daisy Wholesale business, I would like to take this opportunity to thank Carl, Richard, Ben and Nicki for their efforts during their time with Daisy Wholesale and wish them each well for the future.
“The strategy of the wholesale business will be to continue focusing on helping our resellers grow, allowing them to develop their own businesses through our channel-leading propositions, backed with the support and training of our pre-sales and customer service teams.”