Coms plc is pleased to announce the appointment of award-winning telecoms entrepreneur David Breith as Chief Executive Officer with immediate effect. Richard Bennett, CEO since January 2011, remains an executive director with specific responsibility for corporate development and M&A.
David Breith has made a significant investment in Coms, taking his overall shareholding to over 25% of the company.
Among Breith’s many successful business ventures was O-bit telecom, which he established in early 2002 and was successfully sold to Daisy Group PLC in February 2011. O-bit offered a full range of telecoms products and services as an alternative to BT and was a key aggregator in the telecoms market supplying hundreds of telecoms resellers as well as having a wide range of extremely large direct customers.
During his career Breith has achieved an abundance of awards and recognitions. These include Buckinghamshire Entrepreneur of the Year, Sunday Times Tech Track 2007-2009, Deloitte’s Fast 50-500 UK and EMEA awards 2007-2008. As well as being a Buckinghamshire Ambassador, Breith was also made Entrepreneur of the year in 2010 whilst also becoming an Ernst & Young Entrepreneur top 10 finalist.
Richard Bennett, Director, commented: “I am delighted to welcome David to the Company. He is a successful entrepreneur in the telecoms sector with a proven track record in developing businesses and a wealth of experience in all aspects of the industry. David has been building profitable businesses throughout his career and his appointment marks an important step in the expansion of the management team to accelerate Coms growth.”
David Breith, CEO, said: “I am truly delighted to be joining Coms. The Group has great potential and I am looking forward to working with the team to drive the business forward and achieve the growth of which I know it is capable. The opportunity here is unique; the business is primed and ready for substantial growth which I believe I can deliver based on my attributes and track record in the industry.”