Governance

Mark Cubitt

Non-Executive Chairman

Mark has extensive multinational experience gained over the last 35 years, including 24 years in the PLC environment and eight years as chief financial officer at Wolfson Microelectronics plc until its sale to Cirrus Logic in August 2014. Mark is currently non-executive chairman of AIM listed Concurrent Technologies plc.

Previously Mark was non-executive chairman of Superglass Holdings plc and was part of the team that turned around the business before its sale in 2016. He also served as VP of finance at Jacobs Engineering and was finance director of Babtie Group until the sale of the company to Jacobs Engineering in 2004. During his time at Jacobs, he also sat on the board of highways maintenance firm BEAR Scotland and was its chairman in 2006. Mark has also worked at Denholm Oilfield Services Limited, Dawson International plc, Christian Salvesen plc and its then subsidiary Aggreko.

Mark is a Chartered Accountant and a member of the Association of Corporate Treasurers, and has a degree in Accountancy and Computer Science from Heriot-Watt University.

Gordon McArthur

Chief Executive Officer

Gordon McArthur founded Beeks in 2010 out of a deep-seated frustration with the inadequacies of existing low-latency trading infrastructure. Over the course of his 20-year career in software and IT solutions, Gordon has not only witnessed but actively driven the evolution of the industry. His strategic acumen and leadership have propelled Beeks from a modest three-person startup to its current iteration.

Gordon has held pivotal roles at industry giant, IBM. His tenure at IBM is marked by his contributions to financial services and the industrial sector. Beginning with a focus on SME businesses, Gordon quickly ascended to overseeing IBM’s largest globally integrated accounts in the Oil and Gas sector.

Gordon holds a Bachelor of Arts (Hons) in Risk Management and a Master’s in Business Information Management from Glasgow Caledonian University. His academic pursuits complement his practical experience, equipping him with a holistic understanding of the intricate interplay between risk, business, and information management.

As a thought leader in cloud infrastructure for the capital markets space, Gordon McArthur continues to shape the narrative of low-latency trading, constantly pushing the boundaries of what’s possible. His journey from addressing the frustrations of the past to steering Beeks into its profitable present exemplifies his commitment to innovation and excellence in the ever-evolving landscape of cloud services for the financial industry.

Fraser McDonald

Chief Financial Officer

Fraser McDonald has over 17 years’ experience in finance, management and consulting roles. Having commenced his finance career and management accountancy training (CIMA) with National Australia Group, Fraser has gained experience working for global organisations such as Royal BAM Group, Lactalis Mclelland, and Serco Group PLC across different industries including Banking, Manufacturing, and Construction. Fraser has been in the Technology sector since 2009, where he has held senior roles including Head of Finance and Commercial Manager at ACCESS LLP (subsidiary of Serco Group PLC). Fraser joined Beeks on a consultancy basis in March 2016 to support the company through the AIM admission process, before being appointed on a permanent basis as Group Financial Controller in March 2017, and then Chief Financial Officer in October 2018.

Fraser has a BA (Hons) in Finance from the University of Strathclyde, and a PgDip in Information Technology from the University of Paisley.

William Meldrum

Non-Executive Director

Will Meldrum is SVP and Chief of Staff at IHS Markit, a world leader in critical information and data analytics. Prior to joining Markit in 2005, Will worked at Deutsche Bank for four years managing the bank’s interests across a portfolio of investments with a key focus on industry consortia, electronic trading systems and data. Will holds an MA from Edinburgh University and an MBA from London Business School.

Kevin Covington

Non-Executive Director

Kevin has had more than 30 years’ experience working internationally in the financial services industry for both vendors and banks, with a particular focus on M&A and advisory. Kevin currently runs a boutique advisory firm, Change Alley, which helps develop and grow organisations in the fintech sector. Kevin also acts as an adviser and mentor to a number of companies in the sector, including Adaptive Financial Consulting, KA2, Enyx and, prior to its acquisition by Beeks, Velocimetrics. Previous positions include CEO of a VC backed Australian technology company, Metamako, which was acquired by Silicon Valley based Arista Networks in late 2018 and CEO at technology company ITRS Group Limited.

For a number of years Kevin has been ranked in the top 40 most influential people in Trading Technology by the Institutional Investor Magazine.