Split personality for Abacus Group
Abacus Group is restructuring its operation as two distinct divisions, Abacus ECD focusing on electronic component distribution, and Abacus MFG offering value-added distribution services.
Abacus Group is restructuring its operation as two distinct divisions, Abacus ECD focusing on electronic component distribution, and Abacus MFG offering value-added distribution services.
Abacus also announced the promotion of Graham McBeth, to Managing Director for Abacus ECD in UK and Ireland.
Commenting, Martin Kent, Chief Executive of Abacus Group, said: "Abacus has changed significantly over the last year, both through organic growth and through acquisition.
The new structure will, we believe, bring greater focus for all businesses within the Group".
Following the restructure, Mike Driver, General Manager, Micromark C and CD and Nick Milas, General Manager, Silicon Concepts, will report into Graham McBeth, who reports into Martin Kent.
Graham McBeth is a Group Board member, and will continue to act as General Manager for Abacus Polar, while a replacement is sought.
ECD also encompasses the activities of Promax (Nordic) and Abacus affiliate ECC (Italy).
Abacus MFG encompasses CTL, CCS and Dubilier, headed up by Stuart Fox as Managing Director, and Trident Microsystems, headed up by Graham Grover, also as Managing Director.
Fox and Grover both report directly into Kent.
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