Board of directors

The senior management team at Redstone plc is enthusiastic, committed and experienced. The team has established a working environment and culture at Redstone which encourages innovation, the sharing of ideas and continual personal development. The board recognises that it has a unique role in representing and promoting the interests of all of Redstone’s stakeholders, including its shareholders and it is accountable to shareholders for the performance and activities of the company.

PLC Executive Directors

Tony Weaver

Chief Executive Officer

Tony has an IT and communications services background that started in the mid 1980’s. Tony founded his first IT business in 1988 and is a founder of a number of other successful IT companies and has a very well established background in sales and management. Tony became Chief Executive of Redstone plc following the successful refinancing of the company announced in August 2010. Tony has served on a number of private and public company boards over the last 25 years.

From 2003 to 2010, Tony was the Chief Operating Officer of Xploite plc, responsible for the management and consolidation of the businesses acquired and created by the Group. Xploite plc successfully created and returned c£20m of cash to the company’s shareholders before it was acquired in May 2010.

Tony is also a managing partner of MXC Capital Ltd, the consulting and investment company he set up with Ian Smith. MXC invests in and advises a number of companies in the Technology, Media and Telecommunication sector.

Peter Hallett

Chief Financial Officer

Peter has been a qualified chartered accountant for the past 28 years, and since 1986 has been engaged in industry.

Peter initially specialised in retailing and held the position of CFO in some of the UK’s leading retailers including FADS, Texas Homecare and Thresher/Victoria Wine where he developed his skills in turnaround, restructuring and corporate finance.

His most recent appointments have been within businesses requiring restructuring and have included Waterford Wedgwood PLC, Speciality Retail Group PLC and Wm Morrison.

Peter was appointed as Group CFO to Redstone in October 2009.

Non Executive Directors

Richard Alexander McGregor Ramsay

Non Executive Chairman

Richard (age 60) is a highly experienced director with a strong track record in delivering growth, project direction and maximising profitability over 35 years. During this time he spent 10 years as a director of Hill Samuel before being recruited by Barclays De Zoete Wedd, where, latterly, he worked closely with the Corporate Finance Division's CEO and management team to achieve 33% growth worldwide.

He has since held various directorships, amongst which Aberdeen Football Club, at which he helped grow profits by 30%.  More recently, he was a director at Intelli Corporate Finance and prior to that held the position of Managing Director, Regulation and Financial Affairs at Ofgem. He is currently a director at The Shareholder Executive.

David Payne

Non Executive Director

David Payne is Chair of the Remuneration Committee and a member of the Audit and Nomination Committees of the Board of Directors

David Payne has a varied background in the leisure, computer and property industries. For 20 years after leaving university he worked for Juliana's, a leisure company that floated on the London Stock Exchange in 1983.

He was subsequently recruited, by a venture capital fund, to become Chairman of Virtuality, a company at the forefront of developing virtual reality.

He oversaw the successful flotation of this company on the LSE in 1994 and then left to devote more time to the development of a quoted property company.

Ian Smith

Non Executive Director

A highly experienced IT and communications industry developer of new business. Ian has held senior sales positions with Dataworkforce, Cisco Systems, Foundry Networks and Cable & Wireless.

Most recently, for 7 years as CEO of Xploite plc, Ian was responsible for the buy, build and sell strategy that saw 26 corporate transactions including 2 substantial disposals and the creation and return of c£20m of cash to the company’s shareholders.