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OV announces new board appointments to accelerate growth strategy

Originally published
October 14, 2024
Last Updated
October 14, 2024

OV, a global leader in IoT connectivity, is pleased to announce two appointments to its board of Directors to help drive its global growth programme. Phil McDermott joins as Chairman while Kristan McDonald joins as Chief Executive Officer. The appointments come at an important time for OV as it looks to scale up its operations with a specific focus on the IoT sector.

Phil McDermott, an experienced board level executive and investor in IoT, Energy Tech, and Health and Wellness businesses, will provide strategic direction for OV. “OV is in a fantastic position with over seven million IoT connections deployed, growing well ahead of the market, and with an excellent reputation and capacity for future growth” he said. “OV is uniquely positioned to leverage its core network infrastructure, direct agreements with over 600 network operators globally, and IoT reseller enablement tools in order to accelerate growth. I am greatly looking forward to working with Kristan and the OV team to help realise that growth potential”

Kristan McDonald takes charge of day-to-day operations as CEO of OV, having previously held leadership roles in several technology and connectivity businesses. Kristan said “OV is in a great position to build on previous successes with its ability to offer global IoT coverage combined with the flexibility of being able to directly negotiate local rates and deliver solutions tailored to customer needs. OV is fortunate to already have a highly skilled and dedicated team and I look forward to working with them and Phil to deliver on our growth plans” he said. He added “This is an exciting market to be in and as many companies are waking up to the possibilities and opportunities presented by IoT connectivity.”

OV is a subsidiary of Manx Telecom, a group of companies based in the Isle of Man. Manx Telecom CEO Gary Lamb said he was delighted to welcome both Phil and Kristan to the OV team. “We are excited to strengthen the OV team by bringing Phil and Kristan on board. To have someone with Phil’s wealth of experience to Chair the OV Board and provide strategic direction will be critical as we enter this next phase of growth. Kristan’s broad experience across scale up tech, SaaS and services businesses will provide the leadership needed to enable OV to grow at an accelerated pace whilst still delighting customers with robust and highly scalable networking access technologies and services.”

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