Talaris Appoints Chief Executive Officer

16 July 2010

Global cash management solutions experts, Talaris, today announced the appointment of Tim Robinson as Chief Executive Officer. Mr Robinson was most recently Chief Executive of Xafinity, the private equity backed pensions and financial services company. He replaces Tracey Graham who led the business from September 2005, including the Carlyle-backed management buyout from De La Rue. Tracey left the business on health grounds but is making a good recovery.

Mr Robinson, 46, has extensive experience in senior management positions globally. He started his career at IBM Corporation, where he spent eleven years in the UK and Asia progressing through the company on the established systems engineer then sales management path finishing as Director of IBM in the UK. He then moved to Silicon Graphics as European Marketing Director before becoming UK/Ireland Managing Director to manage the, merger with Cray Research. In 1997, Mr Robinson joined DCS Group as CEO taking it into the FTSE250 and moved, in 2001, to Thales Group in Paris where he was Senior Vice President and Managing Director of the worldwide Security Division with sales in excess of Euro 1 billion.

Tim Robinson commented on the appointment, “It is a genuine pleasure to be joining Talaris at such an interesting and dynamic period of the company’s development. Talaris has performed exceptionally well during these challenging times which is testament to the company’s talented employees, strong business model and excellent client relationships. I look forward to working with this proven team and the outstanding technology, innovation and heritage that Talaris brings, positioning the business for growth in both traditional and new markets.”

Paul Heiden, Chairman of Talaris, said, “We are delighted to announce Tim Robinson’s appointment as CEO of Talaris. Tim brings a wealth of experience and expertise to the Company having spent much of his career in senior management positions across technology and financial services sectors internationally. Talaris is looking forward to Tim’s leadership as the Company continues developing its market-leading position, offering a world-class service to its customers.”

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