Nair & Co., a portfolio company of HG Capital, said Friday that it has named Chris Stone as CEO, effective immediately. Prior to joining Nair & Co., Stone served as CEO at Northgate Information Services. Headquartered in Bristol, UK, Nair & Co., is a provider of international business expansion services.
BRISTOL, United Kingdom–(BUSINESS WIRE)–Nair & Co., a global integrated solutions provider helping companies expand internationally, today announced the appointment of Chris Stone to Chief Executive Officer effective immediately. He served most recently as interim CEO of Nair & Co. after its successful acquisition by private equity firm, HG Capital, in August. Mr. Stone will assume responsibility for the company’s management, strategic directives and alliances, revenue and market share growth.
With more than 20 years’ experience, Mr. Stone is a technology and services industry veteran, with a strong track record of building successful, global businesses. Prior to his tenure at Nair & Co., Mr. Stone most notably was CEO at Northgate Information Services for 12 years, leading the transformation from a fragmented IT conglomerate into the world’s second largest specialist HR Technology and Services business, and the UK’s number one Public Sector Software and Services business.
“Chris has proven himself to be an outstanding operational leader and has the perfect mix of knowledge, depth and experience to lead Nair & Co. to new heights,” said David Thorpe, the Chairman of the Board of Nair and Co. “His team-building and operational capabilities embody the optimal combination needed to grow the company’s core business.”
Mr. Stone assumes the CEO role after the sale of the company by Dr. Shan Nair, who founded Nair & Co. nearly two decades ago and was responsible for leading the company through a sustained period of impressive growth. Nair & Co. currently supports nearly 250 clients with thousands of operations in over 70 countries. The company provides accounting, HR, legal, tax and compliance services for the set up and management of an organization’s international operations. Nair & Co.’s model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost.
“Nair & Co. is a leader in a highly fragmented market with real growth potential and a large and diversified client base. I am honored to be given the opportunity to lead Nair & Co. I look forward to working with our employees and partners to accelerate our growth trajectory,” said Mr. Stone.
About Nair & Co.
Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients with thousands of operations in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US.