Tag: Thomas Volk

Cancom CEO quits

Cancom CEO Thomas Volk has quit the company over “differing opinions on the future strategic development of the company”.

The company’s supervisory board will replace the outgoing CEO with COO and member of the executive board Rudolf Hotter as of 1 February. Volk’s duties will be split between Hotter and the firm’s CFO Thomas Stark.

Volk took the reins of the company some 15 months ago when  CEO of 26 years, Klaus Weinmann, stepped down. The dark satanic rumour mill manufactured a hell on earth yarn that Cancom was weighing options for a sale – with reseller giants CDW, NTT and Bechtle in the frame to buy the company.

Cancom’s CEO resigns

banner_220x220Cancom CEO Klaus Weinmann has resigned after 26 years at the helm of the business. Thomas Volk will take over when Weinmann steps down on 30 September.

Weinmann will remain on Cancom’s supervisory board to provide “advice and support” and will continue as CEO of Primepulse Group – a German venture capital firm that is Cancom’s largest single shareholder.

In a statement  Weinman said: “I need not emphasise that Cancom is very important to me. But the growth of the Primepulse Group and the increasing tasks that this entails for me will no longer allow for a dual function as a member of the management board in the future.

“However, I would like to continue supporting the transformation of Cancom in the direction of its cloud and managed services business. I will therefore ask the shareholders to allow me to join the supervisory board.”

Volk is promoted from being Cancom’s president and general manager, which he has held since 1 November 2017.

Volk is already responsible for the group’s go-to-market strategy and marketing and he lead the company back into the UK market with two UK acquisitions, including London-based MSP Ocean Intelligent Communications and £80 million revenue UK reseller OCSL.