Scout Security Limited announced the appointment of Chief Executive Officer Ryan McCall to the Company's board of directors, effective February 1, 2023. Mr. McCall was appointed to the role of CEO in January 2022 on the back of 14 years of business and people leadership in consumer technology businesses, with a focus on growing revenue and profitability. Mr. McCall came to Scout with a background in both engineering and technology sales. He led the global commercial team for software, SaaS and Data-as-a-Service business Futuremark and prior to that managed the global business development team for Avery Dennison, bringing it into the consumer electronics space.
Since Mr. McCall's appointment as an executive 12 months ago he has led the Company in scaling up its commercial partnerships. The company today reported $1.1 million in Annualised Recurring Revenue (ARR), up from ~$500k a year earlier, primarily driven by the award-winning initial roll-out of Scout's offering by US regional telecommunications company Windstream during calendar 2022 (the Broadband Multimedia Marketing Association (BMMA) awarded the 2022 Partnership Award to Windstream and Scout as part of the Best in Class Marketing awards). Under Mr. McCall's tenure, Scout has also locked in agreements with leading US telecommunications company Lumen, for which development work is currently proceeding ahead of the launch of its white-labeled Scout offering.