Cosgrave (pictured above) will commence his new role on 1st October and will work in tandem with outgoing CEO Wayne Churchill.
He joins from Cognizant Technology Solutions where he led the EMEA/APAC Cloud Business and the Global AWS Business Group. Prior to joining Cognizant, Cosgrave was UK CEO and then group chief strategy officer for New Signature, a US headquartered Microsoft cloud consulting business which was acquired by Cognizant in 2020.
In a statement announcing the appointment, Nasstar described Cosgrave as a seasoned business leader and visionary in the cloud space, with an excellent understanding of how clients can leverage the capabilities of hyperscale cloud providers to drive digital transformation.
He succeeds Churchill, who has been Nasstar’s CEO for three years. Under Churchill’s leadership, Nasstar has completed a series of strategic aquisitions including Nasstar plc, Smart421, Modality and KCOM’s ICT business.
Nasstar now has revenues over £200m and is launching a new suite of cloud and network services, winning notable contracts across private enterprises and the public sector.
Enterprise wins include a partnership with Eurostar to build and migrate to the AWS platform and a programme with EE to move a large-scale SMS broker onto a serverless cloud architecture. Government contracts include the Ministry of Defence, where Nasstar is building and managing a highly secure next-generation cloud access platform.
As CEO, Cosgrave will take on responsibility for the overall business, with a particular focus on innovative go-to-market propositions aiming to reshape the landscape for Nasstar as part of its increasing cloud focus.
“I believe Nasstar is well positioned - with an exciting path ahead - as it continues to transform into a highly differentiated cloud and network services provider,” said Cosgrave. “I look forward to working with the talented team to accelerate innovation and create value for our customers.”
Patrick de Smedt, chairman of Nasstar added: “We are delighted to have attracted someone of Paul’s calibre. Paul’s expertise and experience with the hyperscaler providers will be instrumental in helping us to accelerate the next stage of our development. At the same time, I would like to thank Wayne for his immense contribution to the business.”