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Circle Holdings CEO to step down

Circle HoldingsCircle Holdings, a healthcare financial firm, announced that Steve Melton is stepping down as chief executive officer on December 1, 2016 and will be replaced by Paolo Pieri, current CFO.

Mr. Melton was appointed as the Interim Chief Executive Officer in December 2012, after previously holding the role of Head of Mobilisation and Operations since joining Circle in 2008. This appointment was confirmed on a formal and continuing basis in April 2013.

READ MORE Circle Holdings appoints Steve Melton as CEO

Mr. Melton has over 22 years of experience leading large scale operations. He was the Supply Chain Director at Argos, where he led a number of operational improvement programmes.

Previously, Mr. Melton was Supply Chain Director at Scottish Courage Limited, managing over 3,000 staff and a £165,000,000 cost base.

He began his career on Unilever’s Management Trainee Programme, and has held a number of roles at Unilever, Elida Faberge and ASDA.

Mr. Melton holds an MA (First Class) in Chemical Engineering from the University of Cambridge.

Mr. Pieri joined Circle after spending over five years at lastminute.com. He spent the majority of this time as the UK Finance Director and subsequently took on a number of operational roles including the managing director of some European divisions.

Prior to this Mr. Pieri spent seven years in the Virgin organisation, principally within the retail and cinema operations, where he spent three years as Finance Director of the Virgin Megastore business.

Mr. Pieri has a Bachelor of Accountancy from Glasgow University and is a member of the Institute of Chartered Accountants for Scotland.


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