/>
X
Innovation

Penman resurfaces at Volante

Colourful former Compaq South Pacific boss Ian Penman has resurfaced, being appointed group managing director and chief executive officer of IT services solutions and infrastructure provider Volante Group Limited.Penman was managing director of Compaq South Pacific for 15 years and spent 18 years as head of IBM Australia's PC business prior to his Compaq stint.
Written by ZDNET Editors, Contributor on
Colourful former Compaq South Pacific boss Ian Penman has resurfaced, being appointed group managing director and chief executive officer of IT services solutions and infrastructure provider Volante Group Limited.

Penman was managing director of Compaq South Pacific for 15 years and spent 18 years as head of IBM Australia's PC business prior to his Compaq stint.

Penman's appointment follows Allan Brackin's decision to step down as chief executive officer of the Australian-owned IT company after 18 years of leading Volante and AAG, which Volante acquired in 2000. Penman will be joining Volante on November 1. Brackin will retire from the board by the end of October and leave the company after a brief transition.

Robin Crawford, chairman of Volante Group, said he is delighted that Penman has agreed to "lead Volante during the next stage of the company's growth".

In August, Volante announced a AU$7.6 million profit after tax and goodwill amortisation for the year June 30, 2004, compared with AU$4.1 million for the previous year. This follows the acquisition of Ipex in February, which increased Volante's annual revenue by 55 percent.

Editorial standards

Related

The 19 best Cyber Monday deals under $30
Amazon Fire TV Stick 4K

The 19 best Cyber Monday deals under $30

Live blog: 100+ of the best Cyber Monday deals
Large white Cyber Monday text with electronics behind it

Live blog: 100+ of the best Cyber Monday deals

The 51 best Cyber Monday deals on Amazon right now
Image of Amazon Echo Show 8 on a wooden table in front of a person cooking and folding pastry dough.

The 51 best Cyber Monday deals on Amazon right now