Bailey Fisher assists Neul with the appointment of David Smyth as CFO

Cambridge start-up Neul (www.neul.com) was founded in 2010 by the team responsible for building CSR, Europe’s most successful fabless semiconductor company. Earlier this year Neul announced its first product, NeulNET, shortly before raising £8m in Series A funding in a transaction led by DFJ Esprit, with participation from Cambridge Angels, IQ Capital and the management team.

David Smyth brings extensive experience and a record of success within dynamic, high-growth Telecom / Technology companies. He was one of the original senior management team at Orange, joining the company two years pre-revenue. As Director of Strategy and Investor Relations he played a major role in the company's success and rapid growth into a £25Bn group.

Most recently, as Group Finance Director for Macro 4 plc (a FTSE listed IT company), David managed all Finance, IR, HR, and IT activities and orchestrated the sale of the company at a 40% premium. Prior to this, David was CEO of a privately funded healthcare company and sat on the Board of Golden Telecom, a rapidly growing NASDAQ-listed Russian Telecom operator, where he was Non-Executive Director and Chairman of the Audit Committee.

“When we identified the need to hire a CFO for Neul, we were recommended to connect with Paul at Bailey Fisher. After the first meeting it was clear that Bailey Fisher understood the brief and within a short time frame we had met a number of very high calibre candidates. Paul and Andrew maintained a high level of communication throughout the process, resulting in the appointment of an excellent candidate, David Smyth, who joined us in August 2011. I would have no hesitation in recommending Bailey Fisher to anyone looking to conduct a senior level search.” Glenn Collinson, Co-Founder and Director, Neul

Bailey Fisher Executive Search is a leading independent search firm specialising in the high-growth technology sector. www.baileyfisher.com