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Lingo24 Rounds off Impressive 12-months with New CEO Appointment

Ross Kelly

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Lingo24 CEO

Record-breaking revenue, operational improvements and a new CEO appointment tops off an impressive 12-months for the tech-enabled language translation company.

Lingo24 has appointed Andrew Campbell, formerly global MD, as its new chief executive officer.

Campbell is the company’s second CEO after founder and president, Christian Arno, moved into his new role early last year. Paul Gregory, formerly CEO of Wood MacKenzie, remains as chairman.

The announcement comes amid an exciting period for the tech-enabled language translation firm, based in Edinburgh.

In 2018, the firm saw revenue growth of 21% and reached a number of significant milestones, including revenue of more than £10.7 million and gross earnings of £1 million for the first time.

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Commenting on the announcement, Arno said: “Paul and I are delighted Andrew has agreed to become our CEO at such an exciting time for the businesses. Andrew has been running the business day-to-day for over six years now, and so this promotion will not change internal management significantly.

“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.”

Campbell added: “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.

“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. This demonstrates the value we bring to global businesses looking to translate at scale.”

Throughout 2018, Lingo24 also saw an increase in the number of accounts spending more than £500,000 in the year, as well as operational improvements that doubled yearly workload without the need for an increased headcount.

Customer satisfaction scores were also at a record high, the company said, with additional revenue increases in areas such as consultancy and engineering projects working with large-scale multilingual data sets.

Ross Kelly

Staff Writer

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