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Toople Announces Appointment of COO

10:05, 26th April 2022
Victor Parker
TBC
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Toople (TOOP Follow | TOOP) announced today the appointment of Greg Bryce as its new COO, effective immediately. Mr. Bryce has diverse experience in sales across a broad range of industries. He has led startups and multinational corporations alike, and most recently has mentored start-ups in the healthcare, education, and telecoms sectors.

Mr. Bryce began his career in the telecom industry, first at WorldCom (now Verizon) reaching Head of UK Corporate Sales, then his own telecom business Telecom 10 Ltd which sold BT's products and services to small and medium-sized businesses.

Mr. Bryce was a Sales Director at 118 118 Media, then held multiple main board roles at DMGT for 8 years between 2009-2017. In 2018 he joined Powered by PIE, which sells SaaS and data services to legal and professional services companies. At Powered by PIE, he spearheaded the company's transition from a transactional to a recurring revenue model, to great success.

Richard Horsman, Non-Executive Chairman and Topple commented:

"Greg is a classically trained salesperson who clearly excels at winning business.  Moreover he is industry agnostic with expertise across private equity, fundraising, sales, finance, marketing, customer success, HR, IT and product development. He has a proud track record of continually producing double digit top and bottom-line results and has flourished in the competitive marketplace.  Importantly he also has extensive M&A experience, having successfully overseen acquisitions worth in excess of £200 million. These complementary skills, combined with his previous telco experience, will prove invaluable as we seek to capitalise on new opportunities that are presenting themselves in light of a continually more digitally connected UK."

Additionally, Toople announced a change in CFO with Paul White resigning, and a process of identifying a replacement currently underway. An interim CFO has been appointed who will be assisted by the former CFO as well as current Non-executive Director Kevin Lawrence until a permanent replacement has been appointed.

The news was welcomed by markets with the LSE-listed stock up a staggering 40.75% as of 10:40 AM in London. The strong reaction is a a testament to investors' confidence in the new COO's ability to accelerate sales growth for Toople.

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