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Capita restructure sees Philpott leave and Holland become non-exec

Capita Financial Software has announced a restructure which will see Webline founder Paul Holland become non-executive chairman and Quay founder Mitchell Philpott exit the firm.

CFS, formed following the integration of Quay Software, Synaptic and Webline, is also in consultation with staff to see whether redundancies are necessary under integration plans to focus operations at three business centres across the UK – Coventry, Bishops Stortford and Fareham.

Capita managing director Matt Humphrey says: “This stage of our integration is aimed at now delivering all this support through a consolidated and multi-skilled support operation, rather than discrete business units. We have therefore decided to create three centres so that staff can better achieve agreed, measurable and transparent targets so that our clients are better serviced.”

Humphrey says the firm expects no more than five job cuts and will “work closely with any staff who are at risk to try and identify ways of avoiding compulsory redundancies and also to identify other suitable opportunities within the group”.

Webline founder Holland will remain active in Capita and assumes the role of non-executive chairman, while Philpott, one of the founder members of Quay Software will be leaving “to pursue other business interests”.


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