Reading-based Ultima Business Solutions has appointed Scott Dodds as CEO. He replaces former CEO and founder Max McNeill who becomes Chairman, taking on a more strategic role focused on acquisitions, recruitment and overseeing the move to a new HQ.
The shuffle signals the firm's impressive growth ambitions. McNeill stated: "We have taken the business from zero to £100m in just 25 years, and this has been achieved by purely organic growth without outside funding. We aim to hit £150m turnover in two years, breaking through the £200m barrier within five years.
"Ultima has recently made a number of significant investments to create a platform to take us to the next level, and we are positive that Scott will aid, and further strengthen, our future business success."
Dodds left Microsoft earlier this year to take on the role of VMWare's EMEA VP of Channels and Alliances, is set to take the helm at the business from 20 October.
Dodds added: "The relentless focus on delivering customer value through technology supported innovation and services has enabled Ultima to grow into a strong and trusted partner for customers and vendors alike.
"I am looking forward to playing a part in supporting this incredible Ultima team to continue to grow with its customers through the application of innovative technology and services."
Ultima celebrates its 25th anniversary this year and the company is set to launch a new website in the coming weeks, and has recently opened a new city office, five times bigger than its previous premises. The company has 350 employees and has also acquired a business park in Reading which will act as its HQ from 1st April 2016.
McNeill added: "With so much going on and the advent of the cloud, we are perfectly positioned for a significant surge in growth. Scott, with his immense skills, experience and knowledge of the market, is the perfect person to guide us to greater heights."