NCC Group plc, the global cyber security and risk mitigation group, is pleased to announce the appointment of Adam Palser as Chief Executive Officer. He will join the Group on 1st December 2017.
Adam was previously the CEO of NSL Ltd, the public services provider, which had over 3,000 employees. He joined NSL in 2015 and led the successful transformation and sale of the business for its Private Equity owner, leaving in March 2017. Before that he held a number of senior roles at QinetiQ between 2003 and 2013, most recently as EMEA Business Development Director. Prior to that, Adam had responsibility for QinetiQ’s cyber, information warfare and professional services businesses.
Adam has a First Class degree and a Doctorate in Chemistry from Balliol College, Oxford.
The Company confirms that, aside from that listed above, there is no additional information which is required to be disclosed under Rule 9.6.13 of the Listing Rules of the UK Listing Authority.
With effect from Adam’s appointment, Chris Stone (currently Executive Chairman) will become Non-Executive Chairman and Brian Tenner (currently Interim Chief Executive Officer) will resume his role as Chief Financial Officer. The Board would like to thank Chris for stepping up to an executive remit and Brian for his strong interim CEO leadership.
Commenting on Adam’s appointment, Chris Stone said: “On behalf of the Board I am delighted to welcome Adam as NCC Group’s new CEO. He comes with a wealth of business experience and a track record of success in the professional services B2B and cyber security sectors. I am confident that NCC Group will flourish under his leadership.”
Adam Palser commented: “NCC Group is an exciting business with a wealth of talent in the cyber security and risk space. The $75 billion global cybersecurity industry is growing rapidly as awareness increases of the external threats faced by all organisations; NCC Group is well placed to protect them using its tools, skills and experience.”
“I am very much looking forward to working with Chris, the Board and my new colleagues to ensure that NCC Group can fulfil its potential and play its role in protecting the systems and networks on which modern business and society relies.”