Westcon-Comstor, a global technology provider and specialist distributor, announced today the promotion of Callum McGregor to the positions of COO- Chief Operating Officer and CFO- Chief Financial Officer as the company targets sustained growth.
Six years on
Originally from South Africa and now based in the New York area of the US, Callum joined Westcon-Comstor in 2015 and ascended to the position of CFO in 2021—a role he still holds following his promotion.
Leadership role
Callum’s newly expanded role as COO and CFO entails him taking on leadership responsibilities for IT, supply chain operations, and ESG globally, in addition to his existing duties overseeing finance, legal affairs, and data & analytics.
Westcon-Comstor serves as the bridge connecting the world’s foremost IT vendors with a network of technology resellers, systems integrators, and service providers.
The company’s financial results for FY24, published last month, reveal an 8% year-on-year increase in net revenue, reaching a record $3.69 billion—marking its sixth consecutive year of revenue growth.
Adjusted EBITDA surged by 26% to $120.2 million, while gross profit increased by 23% to $403 million as the company accelerates its transition towards a software, services, and subscription-based recurring revenue model.
Gratitude- Callum
“It’s a privilege to take on this expanded remit at such an exciting and pivotal moment in the Westcon-Comstor story.” says Callum
“As a value-added, data-driven distributor, we occupy a unique position at the heart of the technology ecosystem. I’m committed to driving continued growth by helping us and our partners capitalise on opportunities across our key technology domains of cybersecurity, networking and cloud; while building on the solid foundations we already have in place across our IT, supply chain operations and ESG functions.” he adds
Outstanding performance
CEO for Westcon-Comstor, David Grant, says “Callum has been an outstanding CFO for the past several years, demonstrating great commercial and operating capability while ensuring high performance across critical support functions.”
“As our business continues to expand, Callum’s promotion and additional responsibilities will support our growth and ambition. I have every confidence that he will be instrumental in our continued success in the coming years.” concludes Grant
