BusinessCompany NewsScisys appoints new FD

Scisys appoints new FD

Software company announces new finance boss, after parting company with accounting IT provider Coda earlier this year

Christopher Cheetham is to be appointed as the new FD of
SciSys. The company,
which specialises in software for environmental, space and transport
agencies was previously known as Codascisys before it split with the accounting
software
division which is now known as Coda.

When the split was announced in July it was hoped that the move would make
management of the two businesses much easier to handle, with the creation of two
companies and their own boards.

Dave Turner, marketing director at
Coda, played down fears that
the split would cause operating costs to grow, eating into margins.
‘Operationally it’s business as usual. There are no significant increases in
operating costs.’

Subsequently, both companies managed a successful
AIM flotation
later in the year.

Mark Hampson, chief executive officer of SciSys said: ‘I am delighted
to welcome Christopher to SciSys. He brings extensive experience of the
technology sector and has significant first-hand expertise of developing growth

companies. We look forward to working together.’

Cheetham,formerly the finance director of Civica, another software company,
is set to start at Scisys in January 2007.

Related links:

Coda splits from its scientific arm

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