Following a remarkable 50% year-on-year growth in FY24-25, Principle Networks has announced a major step in its expansion strategy. The IT services provider has appointed Mike Beevor, a veteran with over two decades of expertise in technical security and strategic roles, as its new CTO.
Mike Beevor joins Principle Networks from Zscaler, where he carved a distinguished path as the UKI Partner Chief Technologist. His extensive experience includes roles across varied technology sectors like startups, critical infrastructure, and smart cities, positioning him as an industry leader in cybersecurity.
With a visionary roadmap, Beevor is set to guide Principle Networks to double its revenue to £12 million and net operating profit to £1.2 million over the next two years. As Principle Networks gears up to continue its impressive growth trajectory, Beevor's leadership is expected to play a pivotal role. The company aims to further simplify cybersecurity and consolidate its reputation for innovation and excellence.
Russell Crowley, the company's founder and Co-CEO, emphasised the impact of Beevor's incredible track record, specifically in the cybersecurity arena. Over the past year, Principle Networks has significantly expanded its client base and initiated major projects, including collaborations with prominent names such as Hill Dickinson LLP and Buzz Bingo.