Exonar appoints new CEO as company looks to next phase of expansion

After a Series A round of investment in 2019, and recent strengthening of the executive leadership team, technology scale-up veteran, Danny Reeves, today joins Exonar as the new CEO of the business.

Adrian Barrett, Founder and former CEO, will step aside but continue to be a shareholder and to act in an advisory role to the business. In Adrian’s words, “Having founded this business as a start-up, I always knew there would be a time when the leadership team I’ve been building would be ready to take Exonar through its next exciting period of growth and expansion.

“Now is the moment to hand the reins to Danny, a technology leader with a huge amount of experience in driving businesses through critical periods of scale-up. I am confident that the whole team at Exonar will be successful in accelerating the growth of the business, whilst retaining a laser focus on adding value to our customers in the information intelligence space in the months and years ahead.”

Reeves joins Exonar having spent thirty years in the technology industry, holding a number of senior leadership roles in large global organisations such as Deutsche Bank, Capita and Balfour Beatty. His most recent years have been spent building scale-up businesses in similar phases to Exonar’s current stage of development, with success stories including CBRE Romonet.

Commenting on his latest challenge, Reeves says, “I’m really excited to be joining Exonar today, an industry leading and highly respected company in the exciting, not to mention crucial, market of data discovery, governance and intelligence. I’m truly inspired by our mission to power and protect organisations and the people they serve. I’d like to congratulate Adrian on building an amazing business with great people and I’m really excited to be taking it forward into the next phase of its growth.”

Chairman of Exonar, Paddy Byrne, added, “As founder and CEO, Adrian has done an outstanding job to build Exonar into the business it is today. I thank him wholeheartedly on behalf of Exonar and its investors for his efforts and dedication. At the same time I’d like to warmly welcome Danny to the business. His experience, talent and energy will be a significant asset to Exonar as the company looks to its future through the next exciting phase of growth and expansion”.

About Exonar

 

We believe that data should power and protect organisations and the people they serve. We’re the data discovery business with powerful software to help our customers find and understand the billions of items of data and information they hold, then make better use of it. We’re backed and funded by Beringea, Amadeus Capital Partners, Winton Ventures and Downing Ventures; boasting a growing list of large and well-recognised brands as customers.

For more information on Exonar, visit www.exonar.com. We welcome press enquiries, please email press@exonar.com.