Candela is pleased to announce the placement of Peter Federico as Senior Vice President, Information Technology at Electrocomponents.
Peter is a highly experienced Board operator with an impressive track record of building and leading high performing teams across global businesses. Prior to joining Electrocomponents in January 2017, he spent almost five years as Chief Information Officer at The Travel Corporation, a multi-brand travel and leisure group operating across 60 countries. Prior to joining The Travel Corporation, Peter was Group IT Director at bmi airlines and led IT services and operations globally. Peter’s earlier IT career was honed at B&Q and Boots where he held a range of IT leadership roles.
Reporting directly into Alex von Schirmeister, Chief Innovation Officer, Peter joins Electrocomponents accelerate the transformation journey further and to bring a significant change agenda to the function. Given the ever-increasing significance of the Electrocomponents web and mobile-based business, Peter will also drive the development and deployment of the company’s web and mobile presence, leading implementation of web and mobile applications, and planning for risk and growth.
Electrocomponents PLC is a constituent of the FTSE 250 index and operates under the trading name RS Components in Europe and Allied Electronics in North America. The business has had an enviable growth story over the last 18 months effectively doubling the share price and winning ‘Turnaround of the Year’ at the 2016 PLC awards. Peter will be a pivotal member of the leadership team in continuing this growth and preparing the business for expansion, both organically and via acquisition.