GDS Restructures US Management Team as Global Operation Continues to Grow
Global Display Solutions Ltd. (GDS), market leader in the design and manufacture of industrial displays, has announced a new management structure at its US headquarters. Former Group CFO, Stefano Ignesti has relocated to the US, from GDS's Italian office, to take on the role of Executive Vice President. In his new position, Stefano is responsible for consolidating the US business and ensuring that GDS operates on a global scale, with each location employing the same strategies. GDS is a world-leading manufacturer of industrial display solutions for a number of industries worldwide including kiosks, retail, advertising, entertainment, banking, marine, process and transport.
Since his relocation, Stefano has established a highly-experienced US team, appointing a Business Development Manager, a Regional Account Manager and a new US-based CFO. Stefano brings with him a wealth of experience and has specific knowledge regarding how GDS's European operation has successfully developed over the past few years. A major aim of this restructure is to enable GDS's European and American offices to interact effectively, therefore enabling the US operation to take advantage of GDS's worldwide know-how.
Stefano will also be continuing with his role on GDS's Corporate Development Team (CDT). This global strategic team, made up of senior managers from within the company, is responsible for establishing objectives and targets, delivering growth strategies (organic and M&A), formulating R&D roadmaps and market development. Due to Stefano's involvement on this team he will be in a position to identify, at senior management level, the direction and market requirements for the US business.
Stefano's relocation has seen his previous role of Group CFO become occupied by Sarah Knight. Sarah previously held the post of CFO for GDS UK and has been with the company since 2001. In her new position Sarah will be responsible for financial reporting and budgeting, funding, financial controls and related statutory and any fiscal matters. Sarah has over 14 years' experience in the financial market, qualifying as a Chartered Accountant with Price Waterhouse in 1987.
Stefano comments on his new role: "My ultimate goal is to see GDS move towards becoming an organisation where all strategies are defined at board level and each local entity has a part in the decision making process as well as being charged with overseeing the implementation. GDS is a worldwide business and I believe that it is vital for the success of the Company that the European and US offices operate as one business."