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Business Wire
08-07-2025
- Business
- Business Wire
Endava Strengthens Executive Team
LONDON--(BUSINESS WIRE)-- Endava plc (NYSE: DAVA), a leading next-generation technology services provider, today announces changes to its executive team. , CEO, has assumed additional operational responsibilities for the sales and go-to-market strategy, reflecting a strategic move towards a more centralised leadership model. This follows the retirement of Julian Bull, Endava's Chief Operating Officer. As part of this broader leadership evolution, Alastair Lukies CBE has joined Endava as Chief Engagement Officer, with a specific focus on further deepening stakeholder engagement, externally and internally. Alastair is also responsible for chairing Endava's recently announced Global Advisory Board as the business focuses on AI driven growth. The Global Advisory Board's members bring a plethora of experience across industries and regions, reflecting the breadth of the technology industry today. Returning to a senior leadership role, Rob Machin has been appointed Chief People and Locations Officer. Rob, a former COO of the company, will focus on building on our strong engineering culture to continue to deliver significant value to our clients in both complex programmes of core systems modernisation and by utilising productivity gains from use of AI technologies. Rob succeeds David Churchill, Chief People Officer, who has stepped down from the role and will leave the company. John Cotterell commented: 'These changes mark an exciting new chapter for Endava. I am delighted to welcome Alastair Lukies as our Chief Engagement Officer—we expect his leadership and vision will be instrumental as we deepen our relationships with stakeholders and accelerate our AI-led growth through the Global Advisory Board. I'm also very pleased to see Rob Machin return to the executive team in a role that reflects our ongoing commitment to our people and our engineering excellence. At the same time, I want to thank Julian Bull and David Churchill for their contributions over the years. As we move forward, I'm energised by the strength of our leadership and the opportunities ahead.' ABOUT ENDAVA PLC: We are a leading provider of next-generation technology services, dedicated to enabling our customers to drive real impact and meaningful change. By combining world-class engineering, deep industry expertise and a customer-centric mindset, we consult and partner with our customers to create technological solutions that fuel transformation and empower businesses to succeed in the AI-driven digital shift. From ideation to production, we support our customers with tailor-made solutions at every stage of their digital transformation, regardless of industry, region or scale. Endava's clients span payments, insurance, finance and banking, technology, media, telecommunications, healthcare and life sciences, mobility, retail and consumer goods and more. As of March 31, 2025, 11,365 Endavans are helping clients break new ground across locations in Europe, the Americas, Asia Pacific and the Middle East. For more information, visit Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by the use of terms and phrases such as 'believe,' 'expect,' "intends," "outlook," 'may,' 'will,' and other similar terms and phrases. Such forward-looking statements include, but are not limited to, the expected impacts of the announced leadership changes on Endava's growth, strategic direction and organizational structure. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including, but not limited to: Endava's ability to achieve its revenue growth goals; Endava's expectations of future operating results or financial performance; Endava's ability to accurately forecast and achieve its announced guidance; Endava's ability to retain existing clients and attract new clients, including its ability to increase revenue from existing clients and diversify its revenue concentration; Endava's ability to attract and retain highly-skilled IT professionals at cost effective rates; Endava's ability to successfully identify acquisition targets, consummate acquisitions and successfully integrate acquired businesses and personnel; Endava's ability to penetrate new industry verticals and geographies and grow its revenue in current industry verticals and geographies; Endava's ability to maintain favorable pricing and utilization rates to support its gross margin; the effects of increased competition as well as innovations by new and existing competitors in its market; the size of Endava's addressable market and market trends; Endava's ability to adapt to technological change and industry trends and innovate solutions for its clients; Endava's plans for growth and future operations, including its ability to manage its growth; Endava's ability to effectively manage its international operations, including Endava's exposure to foreign currency exchange rate fluctuations; Endava's future financial performance, including trends in revenue, cost of sales, gross profit, selling, general and administrative expenses, finance income and expense and taxes; the impact of unstable market and economic conditions, including as a result of actual or anticipated changes in interest rates, economic inflation and the responses by central banking authorities to control such inflation, and the imposition of tariffs in the United States and abroad; and the impact of political instability, natural disaster, events of terrorism and wars, including the military conflict between Ukraine and Russia and related sanctions and ongoing conflict in the Middle East, as well as other risks and uncertainties discussed in the 'Risk Factors' section of Endava's Annual Report on Form 20-F for the year ended June 30, 2024 filed with the SEC on September 19, 2024 and in other filings that Endava makes from time to time with the SEC, including our Current Report on Form 6-K filed with the SEC on March 28, 2025. In addition, the forward-looking statements included in this press release represent Endava's views and expectations as of the date hereof and are based on information currently available to Endava. Endava anticipates that subsequent events and developments may cause its views to change. Endava specifically disclaims any obligation to update the forward-looking statements in this press release except as required by law. These forward-looking statements should not be relied upon as representing Endava's views as of any date subsequent to the date hereof.
Business Wire
24-06-2025
- Business
- Business Wire
Endava Launches Global Advisory Board Amid AI-Driven Transformation
LONDON--(BUSINESS WIRE)--Endava (NYSE: DAVA), a leading business transformation group whose AI-native approach combines cutting edge technology with deep industry expertise, today announces the formation of its global advisory board. Following 18 months of embedding AI across its own operations and collaborating with strategic partners and clients to drive AI-powered business outcomes, Endava has formed a prestigious group of advisors and ambassadors to help Endava in aiding the world's leading companies harness the power of AI to achieve transformative results. Their remit includes advising Endava's leadership on growth strategies in technology-related sectors; offering insights and perspectives on wider industry trends and market opportunities; and supporting Endava and its clients in navigating global challenges and opportunities in technology transformation. The advisory group has been carefully selected to cover key industries, use cases and themes that are transforming the way the world works. Chaired by Alastair Lukies CBE and with Dame Alison Rose as Co-Chair, it will support Endava's executive leadership and industry stakeholders to provide cutting edge technology services. The Global Advisory Board's members bring a plethora of experience across industries and regions, reflecting the breadth of the technology industry today. In addition to Lukies and Rose, members include Lord Christopher Holmes of Richmond MBE, member of the House of Lords; Dr Orlando Machado, former Chief Data Officer at the LEGO Group ; Adam Banks, former CIO at Maersk; Simon Jones, international relations expert and celebrated author; Stephen C. Daffron, Co-Founder of Motive Partners; Garry Lyons, Founder and CEO of Shipyard Technology Ventures; John W. Thompson, Venture Partner at Lightspeed; Sandi Thompson, immigration attorney and former IBM executive; Sam Balaji, Tech Investor and former Global CEO of Deloitte Consulting and David Yates, former President at Mastercard. 'The expertise, connectivity and insights of the Global Advisory Board will be invaluable to our team, helping us better serve our clients as they navigate a rapidly evolving technology environment,' said John Cotterell, CEO of Endava. 'For over 20 years, Endava has been at the forefront of technology-driven business transformation. Now, we are advising and assisting clients across the globe on their journeys to become AI-native.' Alastair Lukies CBE, Chair of the Global Advisory Board adds, 'This is an especially dynamic and pivotal time for technology-driven transformation. Endava is committed to guiding clients through this landscape with expertise and clarity, and so the Global Advisory Board is committed to supporting Endava in navigating this new frontier and shaping the future of technology and business.' About Endava: Endava is a leading provider of next-generation technology services, dedicated to enabling its customers to accelerate growth, tackle complex challenges and thrive in evolving markets. By combining innovative technologies and deep industry expertise with an AI-native approach, Endava consults and partners with customers to create solutions that drive transformation, augment intelligence and deliver lasting impact. From ideation to production, it supports customers with tailor-made solutions at every stage of their digital transformation, regardless of industry, region or scale. Endava's clients span payments, insurance, finance and banking, technology, media, telecommunications, healthcare and life sciences, mobility, retail and consumer goods and more. As of March 31 2025, 11,365 Endavans are helping clients break new ground across locations in Europe, the Americas, Asia Pacific and the Middle East.
Time of India
02-06-2025
- Business
- Time of India
Elon Musk's father, Errol Musk visits India to promote green technology; know more about his family background, legacy and more
Source: X Errol Musk, father of tech billionaire Elon Musk, has arrived in India for his first-ever visit to the country. The 78-year-old South African engineer and entrepreneur began his trip on Sunday, with a packed schedule centered around discussions in the rapidly advancing green energy sector. His visit is seen as a strategic move, potentially reflecting growing interest in India's renewable energy ambitions. While not directly linked to Elon Musk's ventures, Errol Musk 's engagements are expected to attract attention due to his background and familial ties. According to the recent updates, Errol Musk, the father of Tesla CEO and billionaire Elon Musk is on a five-day tour to India and is likely to visit Ram Mandir in Ayodhya. Who is Errol Musk Errol Musk is a South African electromechanical engineer, property developer, and former politician, widely recognised as the father of tech billionaire Elon Musk. Though often linked to his son's fame, Errol has a multifaceted background. He held public office in Pretoria and worked in infrastructure and energy sectors. His personal life has drawn controversy, including a highly criticized relationship with his stepdaughter. Despite contributing to Elon's early interest in engineering, their relationship is strained, with Elon publicly labeling him as toxic. Errol remains a polarizing figure known for his technical skills, turbulent family dynamics, and recent ventures in green energy. Significance of Errol Musk's India visit Errol Musk's first visit to India has drawn considerable interest from business executives and government officials. The visit is a meeting of experience and opportunity, and Musk is set to provide critical advisory services toward developing India's green energy infrastructure. The company also announced that Musk would assist in promoting Servotech's brand digitally, widening its scope even further. Furthermore, as part of his cultural outreach, Musk is also expected to tour significant places of heritage sites, such as the Ayodhya Ram Mandir , symbolizing a mix of business and cultural diplomacy. Errol Musk recently joined Servotech to boost green energy The latest preoccupation of Errol Musk is geared towards sustainable energy solutions. His recent appointment to the Global Advisory Board of Servotech Power Systems , a listed small-cap firm focused on electric vehicle (EV) charging and solar power solutions, highlights his dedication to applying his technical and entrepreneurial skills in promoting innovation in the field of renewable energy. Throughout the one-week duration of his visit, he is to undertake a tour of Servotech's production facilities, meet with senior government officials representing the major ministries, and take part in roundtable discussions with top technocrats and investors. The activities depict the company's desire to consolidate its presence in India's expanding green energy sector. Errol Musk's background and career Born in 1946, Errol Musk has built a diversified career within engineering, infrastructure, and entrepreneurial activities. With a degree in electromechanics, he has developed vast experience in South African energy projects. Throughout his life, Musk has worked in diverse industries such as automotive retail, mining, and large infrastructure projects. Some of his earlier roles involve serving on Pretoria's City Council as a member of the Progressive Federal Party, as a result of his stint in politics. He was elected to the Pretoria City Council in 1972 as a member of the Progressive Federal Party—the first sign of his political inclination. Professionally, Errol had careers in infrastructure development, mining, and auto retail. His personal life overshadows his professional work, however. Errol Musk family ties and a complicated legacy Errol Musk has three children Elon, Kimbal, and Tosca Musk with his ex-wife, Maye Haldeman Musk, a model and dietician. His marriage, which resulted in divorce, has been openly defined by Errol as a failure that he is fully responsible for. "I messed up the marriage, I was completely responsible," he explained to Business Insider South Africa. Maye Musk, though, told a much more sinister account of their relationship. Following his divorce from Maye, Errol enjoyed a brief romantic relationship with Sue. In the 1990s, at the age of 45, he wed Heide Bezuidenhout, who was 25 at the time. The two parents gave birth to two daughters—Alexandra and Asha Rose—before divorcing in 2004. The most contentious chapter of Errol Musk's private life, though, came later on. He began a relationship with Jana Bezuidenhout, Heide's daughter from a previous relationship—basically, his stepdaughter. Jana was four years old when Heide wed Errol, although Errol himself afterwards said he never thought of her as a stepdaughter, pointing to a lack of close familial upbringing. Their relationship resulted in two children, including a son named Elliot Rush. Reflecting on their union, Errol once stated, "We were lonely, lost people. You can call it God's plan or nature's plan." The revelation of the relationship sparked widespread criticism and strained his relationship with many family members. Elon Musk's father net worth According to the reports, Errol Musk net worth is not publicly available but his son Elon Musk current net worth according to Forbes reports estimates around $422 billion, with his fortune soaring alongside. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
02-06-2025
- Business
- Time of India
Elon Musk's father Errol Musk in India, likely to visit Ram Mandir in Ayodhya
Elon Musk's father Errol Musk is on a five-day visit to India. According to news agency PTI, Errol was recently appointed as a member of the global advisory board of homegrown company Servotech. Tired of too many ads? go ad free now His visit will include high-level business meetings and a cultural stop at the in Ayodhya. During his stay, Musk is expected to engage with Indian policymakers, investors, and top bureaucrats in meetings focused on promoting India's ambitions in green technology and EV charging infrastructure. Elon Musk's father to visit Ram Mandir As part of his itinerary, Musk will visit the Ram Janmabhoomi temple in Ayodhya to seek blessings from Shree Ram Lalla, signaling his engagement with India's cultural and spiritual heritage. As per PTI, Errol will attend a key Servotech company event on June 2 where he is scheduled to meet with officials from multiple ministries. He is also expected to tour the company's solar and EV charger manufacturing facility in Safiabad, Haryana. Several state ministers and senior bureaucrats are likely to be present. Servotech has planned a plantation drive on World Environment Day, June 5, as part of Musk's visit, to highlight sustainability efforts and environmental consciousness. Musk was appointed to Servotech's Global Advisory Board on May 5. The company said he will contribute strategic advice to guide its leadership in areas including infrastructure, technology, and renewable energy. After completing his India tour, Musk will travel to South Africa. When Elon Musk's mother visited Siddhivinayak Temple Elon Musk's mother Maye Musk visited India earlier this month for the launch of her book, A Woman Makes a Plan. During her visit, she also visited Siddhivinayak Temple in Mumbai, accompanied by bollywood actor Jacqueline Fernandez Maye Musk also celebrated her 77th birthday in Mumbai. Tesla and SpaceX CEO Elon Musk got flowers delivered to his mother on her birthday then. Maye Musk revealed the same in a post on X. "Thank you @elonmusk for sending these beautiful birthday flowers to me in Mumbai."
Time of India
05-05-2025
- Business
- Time of India
Servotech Renewable Power System appoints Errol Musk to global advisory board
Mumbai: Servotech Renewable Power System, a India-based manufacturer and supplier of energy solutions , on Monday announced the appointment of distinguished entrepreneur and global business strategist Errol Musk to its global advisory board . According to the official press release, under this partnership, Musk will play a pivotal role in advancing the company's strategic vision for global growth, sustainability leadership , and AI-driven innovation . It added that his appointment aligns with the company's ambitious ' Vision 2027 ' goal to transform the renewable energy landscape across India and key international markets. 'Errol Musk, renowned for his contributions to the fields of technology, infrastructure, and sustainable development, will provide strategic advisory support to the firm's leadership team. His mandate includes guiding high impact media engagement, investor relations, and government interface programmes,' said the press release. It added that as part of his engagement, Musk will participate in a tour of the company's manufacturing facilities in India. Engage with key government and investor groups through curated roundtable sessions. Attend quarterly Global Advisory Board meetings. Contribute to media activations and press interactions highlighting the company's innovation leadership. He will be promoting the company across his official social media platforms. 'We are absolutely thrilled and honored to welcome Errol Musk to the Servotech Renewable family. His vast experience, profound global insights, and unwavering passion for groundbreaking innovation will be invaluable as we accelerate our mission to forge a greener, smarter future for India and beyond,' said Raman Bhatia, Managing Director of Servotech Renewable Power System. Musk will officially commence his advisory role with immediate effect, with his first India visit and strategic engagements scheduled over the coming months, added the release.
