From today, Lexel Systems (formerly Computer Brokers) founder Chris Simpson becomes executive chairman and will be succeeded as CEO by his son Noel Simpson.
Noel takes over day-to-day management of the local IT infrastructure offerings provider his father Chris founded in 1987.
In his new executive chairman role Chris will provide planning and governance oversight, and support selected customer, vendor and project activity.
Noel joined the business in 1992 and most recently held the position of general manager.
Chris says the changeover is part of an expansion strategy, which will also see the future appointment of independent directors to help achieve a $50 million revenue goal by 2012.
“Noel’s promotion to CEO is mostly about recognising the gradual change of leadership that has occurred over the last seven years, rather than any radical shift,” says Chris.
Noel will work closely with Lexel’s management team, including national services manager Geoff Trask, financial controller Chris Lambourne, and a soon-to-be appointed national sales manager.
Last year the company was renamed Lexel Systems, reflecting a reorganisation of the company’s products and consulting-based capabilities, and a growing IT services business, which now contributes 30 percent of the company's $30 million revenues.