Position confirmed after six years
Campbell installed as CEO at translation firm Lingo24
Andrew Campbell and Christian Arno
Translation company Lingo24 has appointed Andrew Campbell as CEO after a long spell taking day-to-day responsibility for the business under founder Christian Arno.
Mr Campbell, formerly global managing director, becomes the Edinburgh-based company’s second CEO, after Mr Arno moved into his new role early last year. Paul Gregory, formerly CEO of research group Wood MacKenzie, remains chairman.
Mr Arno said: “Paul and I are delighted Andrew has agreed to become our CEO at such an exciting time for the business. Andrew has been running the business day-to-day for over six years now, and so this promotion will not change internal management significantly.
“But from an external perspective, it makes clear who is our executive leader and broadens Andrew’s remit. We are confident that Lingo24 will go from strength to strength under Andrew’s leadership.”
Mr Campbell, who is a former director at digital industry body ScotandIS, said: “With many of the building blocks in place for the business to kick on from here, I am excited to be leading Lingo24 through the next phase of growth.”
Lingo24 also announced revenue growth of 21% to £10.7 million for 2018 and EBITDA of £1m.
Mr Campbell added: “2018 saw many of our customers choosing to expand their work with us significantly. I’m particularly proud that this vote of confidence from the customers who know us best underpinned our positive financial results.”
The year’s highlights included supporting The Macallan’s first global advertising campaign. The company also worked with Eventbrite, Swiss startup Ava, Edrington, Groupon, Virgin and WPP.
Lingo24 said there had been an increase in the number of accounts spending more than £500,000 in the year and increased revenue in areas such as consultancy and engineering projects working with large-scale multilingual data sets.