Code Red Hires President, Preps Expansion

Code Red has appointed Scot McGregor president, after spending a year with the company in a consultative sales role, and has promoted US sales director Jaime Bean to head of global sales. McGregor is a former managing director at Bank of America, who was most recently managing director at Solus Asset Management, while Bean has spent seven years in sales at Code Red. Both report to chief executive Tim Gavin.

In addition, over the coming months, the vendor plans to hire around a further 10 staff