Elliott succeeds Grossart as IndigoVision chairman

George Elliott

Edinburgh-based video security company IndigoVision said on Monday that tech industry veteran George Elliott will join its board of directors on June 1, 2017 and succeed Hamish Grossart as chairman of IndigoVision on July 1, 2017.

Elliott, 64, is chairman of AIM-quoted Craneware, the Edinburgh-based software firm that serves the US healthcare market.

Elliott has extensive boardroom experience in private and public technology companies in an executive and non-executive capacity.

He was formerly chief financial officer of Wolfson Microelectronics.

Hamish Grossart, who is retiring as chairman of IndigoVision, said: “We are delighted to announce George’s appointment as chairman-elect of IndigoVision.

“His extensive experience and track record of delivery for shareholders within the technology sector mark him out as having ideal credentials to guide the executive management team in growing the business further, and in unlocking the value potential built within IndigoVision over the last twenty years.”

On May 18, IndigoVision said in a trading update that in the first 19 weeks of 2017 its overall revenues were ahead of the corresponding period last year.

IndigoVision said on May 18 the immediate outlook for the firm “is more positive than it has been for some time, and the medium term prospects are promising.”

The company said: “The board continues to expect that 2017 as a whole will see improvements over last year, with both sales and profits, as in recent years, second-half weighted, and the latter part of the year also benefitting from higher revenues in North America.”