Alterian names Eldridge’s successor as CEO

UK— Alterian, a marketing analytics software firm, has named Heath Davies as successor to company founder and former CEO David Eldridge (pictured), who stepped down in April after a profit warning.

Davies was previously joint CEO of CRM software firm Sword Group.

Alterian has also appointed Phil Cartmell, the current executive chairman of the technology group Corac, as non-executive chairman.

Cartmell replaces Keith Hamill, who had to delay his retirement after Eldridge’s departure to lead the search for a replacement.

Both Davies and Cartmell take up their positions on 5 September but join the company’s board from tomorrow.

Davies said: “I am looking forward to working with the management team to realise Alterian’s full potential. There are a number of challenges to overcome in transforming the business but the strength of the company’s people, products and clients underpin my confidence of being able to achieve a good recovery over the next few years.”

Alterian’s annual results for the 2010-11 period showed revenue down £1m to £37m and an operating loss of £4.4m. At the time Hamill explained the poor results were due to “an increase in costs aimed at expanding the business” that were “not matched by growth in revenues, which were substantially below plan”.

We hope you enjoyed this article.
Research Live is published by MRS.

The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.

Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.

For example, there's an archive of winning case studies from over a decade of MRS Awards.

Find out more about the benefits of joining MRS here.

0 Comments


Display name

Email

Join the discussion

Newsletter
Stay connected with the latest insights and trends...
Sign Up
Latest From MRS

Our latest training courses

Our new 2025 training programme is now launched as part of the development offered within the MRS Global Insight Academy

See all training

Specialist conferences

Our one-day conferences cover topics including CX and UX, Semiotics, B2B, Finance, AI and Leaders' Forums.

See all conferences

MRS reports on AI

MRS has published a three-part series on how generative AI is impacting the research sector, including synthetic respondents and challenges to adoption.

See the reports

Progress faster...
with MRS 
membership

Mentoring

CPD/recognition

Webinars

Codeline

Discounts