Waracle welcomes new finance director as progress towards 2028 strategic growth plan gathers momentum

In another exciting update from our CEO, David Tuck, Waracle announces the appointment of John Ritchie as our new Finance Director. He joins the business this week to add to the momentum of our ambitious growth plans and provide focused strategic support to our senior leadership team (SLT).

David and the SLT have delivered on their ambitious plans to scale quickly through both organic and inorganic growth, and the appointment of John further establishes the key role that the finance director will play as we scale and integrate our acquisition targets.

John spent 11 years at Iomart, a listed tech business with £140M revenue and 650 staff.

During his tenure with Iomart, John has progressed through five roles, from compliance-focused roles and ending in his current position as Head of Finance.

John was part of the Iomart Senior Leadership Team, reporting to the CFO and has experience managing up through their board and down through their extended leadership functions.

He has been a key contributor to a range of mergers and acquisitions activity, which will be incredibly valuable for Waracle as part of our 2028 growth strategy.

Speaking about the appointment, David Tuck said,

As John Ritchie joins, he told the marketing team,

Since David Tuck’s arrival in mid-2024, Waracle has added 15 new clients and 110 new hires, alongside the acquisition of HackSoft (a Sofia-based 65-person software engineering company), bringing its headcount to more than 275 across its five offices: London, Glasgow, Edinburgh, Sofia, and Dundee.

John’s appointment coincides with a fond farewell to another John, who has been a consistent and fundamental part of Waracle’s growth over the last 12 years, John Craig.

John Craig has been a fractional CFO for Waracle for over a decade, providing support for multiple investment events and acquisitions, as well as strategic financial advice to our founders, previous CEOs, and our current management team.

We thank him and wish him all the best for the future, as we start a new chapter with John Ritchie.

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