Principle Networks, an IT sevices provider, identified a need for a CTO (Chief Technology Officer) this year, and they have filled the position with Mike Beevor. Beevor comes well-equipped to cover the role, having served as Zscaler’s Chief Technologist/Solution Architect for partners, and has held a number of technical and global strategic roles across a wide range of technology start-ups.
Commenting on his appointment, Mike said; “I’ve always believed in doing good business with good people and Principle Networks embodies that philosophy. This role presents an exciting opportunity to contribute to a company with strong values, clear principles and ambitious growth targets. The momentum over the past year has been impressive and I’m thrilled to be joining at such a dynamic time. Principle Networks is a vibrant, forward-thinking business and I look forward to working with the team to help shape its future success.”
Following a 50% year-on-year growth in FY24-25, Principle Networks is accelerating its business expansion strategy and the role of the CTO will be to drive the company’s ambitious growth strategy, with targets to double revenue to £12 million and net operating profit to £1.2m over the next two years. In his new role, Mike will lead the development of Principle Networks’ technology roadmap, with a clear focus on simplifying cybersecurity and accelerating the firm’s upward trajectory.
Principle Networks founder and Co-CEO, Russell Crowley added: “Mike brings an outstanding track record in the cybersecurity industry, with deep expertise in developing and delivering strategic technology solutions. His experience positions him perfectly to lead our next phase of ambitious growth. Over the past 12 months, we’ve welcomed several new clients, including major projects with Hill Dickinson LLP and Buzz Bingo, and increased our revenue by 50%. With bold plans to continue this trajectory by doubling revenues over the next two years, Mike’s leadership will be instrumental in helping us achieve our goals.”
