Iomart Group Plc

Iomart Group Plc

Sector: Information Retrieval Services Region: United Kingdom

: | London Stock Exchange: IOM

About iomart
Award winning cloud company iomart Group PLC (AIM: IOM) enables businesses and organisations to operate their online data and IT environments safely and securely. Headquartered in Glasgow, Scotland, iomart partners with leading vendors such as VMware, Amazon, EMC, Microsoft, Asigra, Arbor and Dell to offer customers a centrally managed, controlled and completely agnostic set of hybrid, private and public cloud platforms. By owning a global network and datacentre infrastructure, iomart can support any customer who wishes to move seamlessly between any and all of these platforms with a consultative level of knowledge and expertise, delivering cloud services to meet exact business needs. For more information visit


Angus MacSween, CEO
Angus MacSween is the founder and CEO of iomart Group PLC and serves on the board of directors. Angus started his career as a technology entrepreneur, buying and selling a number of telecoms companies and pursuing several ventures in conjunction with BT to create some of the largest telephone information services businesses in the UK like ClubCall, RaceCall and ShareCall. He acquired Prestel, an online information division of BT, and turned it into one of the UK’s first Internet Service Providers. In 1996 Angus sold his business interests to Scottish Telecom (now Thus, A Cable & Wireless Company) for £12m. He joined the Board of Scottish Telecom and was responsible for the development of its internet strategy, culminating in the acquisition of Demon. Recognising the business potential of the internet, he left Scottish Telecom to create his own fully licensed Telco providing ISP services and in December 1998 iomart was established. Angus was born in Stornoway, Isle of Lewis, hence the name iomart which is a derivative of the Gaelic word ‘iomairt’, meaning enterprise. In 2000 iomart was floated on the London Stock Exchange’s Alternative Investment Market. Angus has guided the company, through a careful strategy of organic and acquisitive growth, to become one of the UK’s leading providers of cloud computing and managed hosting services. Angus' contributions to the commercial sector were formally recognised in 2004, when he received the prestigious Glenfiddich Spirit of Scotland Business Award.
Richard Logan, Group Finance Director
Richard Logan BA, CA, is Group Finance Director of iomart Group PLC. Richard serves on the board of directors. Since he joined iomart in 2006 from another Scottish technology company ePoint Group, he has been instrumental in building iomart through strategic restructuring and M&A and ensuring that acquisitions are incorporated successfully into the Group. After qualifying as a chartered accountant with Arthur Young in 1984 Richard quickly found his niche in the world of corporate tactical activity, spending seven years with Ben Line Group, first as Group treasurer and then as financial director of its main container shipping division. He then spent a decade as finance director of Kingston SCL, which provided administration and billing software to the mobile communications market, during which he was involved in a management buy-out and then trade sale of the company. Richard has a Bachelor of Arts degree in Accountancy from the University of Stirling.
Ian Ritchie, Non-executive Chairman
Ian Ritchie CBE, FREng, FRSE, FBCS, CEng, BSc, has an impressive background in technology enterprise and venture capital. He was founding member of several technology companies including Office Workstations Limited (OWL) in the 1980s which became the first and largest supplier of Hypertext/Hypermedia authoring tools - a forerunner to the World Wide Web. Not only does he hold a number of non-executive positions with other leading technology companies, he is also heavily involved in science, arts and education – he sits on the board of the Edinburgh International Science Festival, is Vice President, Business, of the Royal Society of Edinburgh, Honorary Treasurer of the Royal Academy of Engineering and is deputy chairman of the Nominet Trust. Ian has also been active in venture capital as a director of Northern Venture Trust plc from 1997-2001 and as a member of the advisory board of Pentech Ventures from 2001. He is a member of the ‘Access to Finance’ expert group (A2FG) at the UK’s Department for Business Innovation and Skills. Ian was awarded a CBE in 2003 for services to enterprise and education. He holds a BSc Hons in Computer Science from Heriot-Watt University (1973), and Honorary Doctorates from Heriot-Watt University, Robert Gordon University, University of Abertay and the University of Edinburgh.

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