GeoSpock appoints technology entrepreneur Richard Baker as CEO

Cambridge, UK, 21st November 2017: GeoSpock®, the big data processing engine built to manage real-time, contextual data generated by machines, today announces that Dr Steve Marsh and its Board of Directors has appointed Richard Baker as its new Chief Executive Officer (CEO), effective immediately. Richard has also joined the Board.

Founder, Dr Steve Marsh, who has led the company from inception and built a world-class computer science team, will transition to the role of Chief Technology Officer (CTO). Steve will remain on the Board and will continue to lead research, development, and engineering and will provide strategic guidance for the company.

Steve Churchhouse, Chairman said: “We are delighted to welcome Richard to the company. We are confident that his leadership style and commercial experience will be invaluable assets to GeoSpock. Richard brings an interesting mix of strategic thinking, practical hands-on management experience and a firm handle on what is needed to scale commercial growth, driving adoption of GeoSpock technologies. I am very grateful to Steve for all he has done to lead GeoSpock, and equally pleased that Steve will be remaining on the Board as CTO.”

Richard brings extensive blue chip and start-up experience combined with proven leadership having held commercial senior executive, and board roles in telecoms, technology, media, and financial services companies. Most recently, Richard was the co-founder and CEO of Cleartrade Exchange (CLTX), a fintech commodity futures exchange headquartered in Singapore, that was sold to the European Energy Exchange, part of Deutsche Börse Group, in 2016.

Dr Marsh, CTO commented: “It is a pleasure to welcome Richard to GeoSpock. I am looking forward to working closely with him and am excited about the next phase of the GeoSpock journey, as we strive to create a fun and intellectually engaging environment and attract the best talent to help the company grow. Our executive team now has the right blend of commercial, strategic, and technical leadership to reach its ambitions. This is an amazing time for the company.”

Richard Baker, CEO said: “I am incredibly impressed with what Dr Marsh has achieved to date and I am looking forward to working with Steve and his team to take the GeoSpock analytics technology to customers around the world. We live in a very dynamic and hyper-connected world. The data driven economy is shaping many aspects of our daily lives from location-aware mobile advertising and interactive media services, through to hyper-connected Smart Cities. The ability to make real-time, action-orientated, insightful decisions in this new world will be the critical differentiator for many companies in the future. GeoSpock is at the heart of this exciting market transformation.”