Optoma announces management shake-up

Managing director Matthew Bright is to leave to pursue new opportunities.

Optoma has also appointed three new business development managers and opened an office in Newark, Nottinghamshire, to manage its increasing volumes of business in the north.

Optoma recently sold its Optoma Interpartners Network to MBSL, in order to concentrate on its packaging business. The company offers an exclusive range of more than 750 products. Partly as a result of an enhanced arrangement with Trigold, it is increasing new user uptake by 100 brokers per month. It is projecting that its new northern office alone will be processing £50 million of business per month by the year end.

Andrew Seymour said: “We are grateful to Matthew for the enormous contribution he made to the business in its formative years. His energy and commitment were major factors in our growth.

“I am also proud that the breadth of the team that we have developed over the past five years means that we will not need to recruit another director on the operational side. Harpal was one of the founders of the business and we, with our excellent management teams, are looking forward to continuing Optoma’s growth and success in the coming years.”