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Oct 31, 2003
I don't know whether anyone else saw this article so thought i'd post it up here now the Zone is (finally :smile:) back online.

Calyx Managed Services (MS) boss Tara Brady is standing down and will become chief executive at League Two football side Southend United with immediate effect.

Brady, who joined Calyx in June 2008, has held a number of senior positions within the IT industry, running the financial services business at Logica, group Board member at Getronics and PwC.

He presided over Calyx at a challenging time in its history and managed to keep the business afloat despite debts of circa £100m before the majority of its assets were acquired by Better Capital through an administration restructuring of the finance.

Talking to MicroScope, Brady confirmed he will remain a non-executive director at Calyx to assist his successor, industry veteran Martin Mackay on a 'buy and build' strategy.

"I look forward to continuing my support for Calyx and working with Martin Mackay whilst I take on this new challenge," he said.

MicroScope understands that Brady has invested significantly in Southend United - which was relegated to the second division in the Championship last season - to help the club realise its ambitions to build a new stadium.
"The chairman Ron Martin is well known to me and I view this as a partnership to promote the Club's success through the new stadium project. Relegation last year was a blow to everyone but now we are only looking forward," said Brady.

The Calyx operation is now debt free, creating a platform that with the backing of venture capitalist expert John Moulton, is planning to stage a roll up in the UK channel of a managed services specialist

As I've highlighted above -how much is his significant investement??