In a statement, he explained that having spent more than four years with the group reshaping the business, he felt it needs different skills to lead the company into the future. The group had a talented and dedicated management team leading the divisions. He wished the management and his successor well for the next stage.

Group chairman Simon Sherrard will now take over Graham’s responsibilities until a successor has been appointed.

He said that Graham had been fundamental in focussing the company on the business to business sector. He had recruited an excellent management team and taken the company into growth areas. The board thanked him and wished him future success.