Westcon-Comstor promotes Callum McGregor to Chief Operating Officer role
Expanded remit for the company’s Chief Financial Officer sees him assume leadership for IT, supply chain operations and ESG functions
Johannesburg, South Africa – 6 June, 2024 – Westcon-Comstor, a global technology provider and specialist distributor, today announced the promotion of Callum McGregor to the position of Chief Operating Officer (COO) and Chief Financial Officer (CFO) as the company targets continued growth.
Originally from South Africa and now based in the New York area in the US, Callum joined Westcon-Comstor in 2015 and became CFO in 2021 – a position he retains following his promotion.
Callum’s new, expanded role of COO and CFO sees him assume leadership for IT, supply chain operations and ESG globally, in addition to his existing responsibilities for finance, legal and data & analytics.
Westcon-Comstor connects the world’s leading IT vendors with a channel of technology resellers, systems integrators and service providers.
The company’s FY24 financial results, published last month, show an 8% year-on-year increase in net revenue to a record $3.69bn – its sixth consecutive year of revenue growth.
Adjusted EBITDA increased 26% to $120.2m, with gross profit up 23% to $403m as the company accelerates its shift to a software, services and subscription-based recurring revenue model.
“It’s a privilege to take on this expanded remit at such an exciting and pivotal moment in the Westcon-Comstor story,” said Callum. “As a value-added, data-driven distributor, we occupy a unique position at the heart of the technology ecosystem. I’m committed to driving continued growth by helping us and our partners capitalise on opportunities across our key technology domains of cybersecurity, networking and cloud, while building on the solid foundations we already have in place across our IT, supply chain operations and ESG functions.”
“Callum has been an outstanding CFO for the past several years, demonstrating great commercial and operating capability while ensuring high performance across critical support functions,” said David Grant, CEO at Westcon-Comstor.
“As our business continues to expand, Callum’s promotion and additional responsibilities will support our growth and ambition. I have every confidence that he will be instrumental in our continued success in the coming years.”