The Board of Softcat plc outlined a series of steps it intends to take to ensure continued, effective leadership of the company and orderly succession over the medium term. Whilst none of these steps take effect until 2023, the Board is sharing details of its plans in order to provide full transparency to shareholders. With effect from 1 August 2023, Graham Charlton will become CEO of the company.

This follows eight years as CFO during which time Graham has developed a deep understanding of the business and what makes the Company successful, not least the Softcat culture, which he has championed since joining the Company. The Board believes Graham is the right person to lead the business successfully through the next stage of its growth. A search for a CFO to succeed Graham Charlton has commenced and will consider external as well as internal candidates.

Graham appointment have been considered as part of the Board's succession planning process. External expertise from a leading independent executive and board search firm has also been used to consider the appropriateness and readiness of the candidates as well as alternatives. At the time of succession, Graeme will have been CEO of the business for over five years.