Proxima Appoints Jonathan Cooper-Bagnall Executive Vice President, Global Commercial Operations

CHICAGO - May 6, 2014 - PRLog -- LONDON, UK and CHICAGO, IL – May 6, 2014 – Proxima (http://www.proximagroup.com/), a leading international procurement services provider, today announced the appointment of Jonathan Cooper-Bagnall as Executive Vice President, Global Commercial Operations. In this capacity, Cooper-Bagnall will be responsible for setting the future commercial strategy and driving growth.  He will be hands-on leading the sales organization to develop new relationships and win work by clearly demonstrating the value that will be delivered for Proxima’s customers.

“We are delighted to welcome Jonathan to Proxima’s growing team of seasoned and talented sourcing specialists,” said Matthew Eatough, CEO of Proxima. “Jonathan has enjoyed a long and successful career helping companies across a wide range of industries derive maximum value from their sourcing arrangements and we look forward to having him lend his considerable expertise to our roster of international clients.”

Cooper-Bagnall brings to Proxima more than twenty years of outsourcing experience.  Most recently, he was with PA Consulting where, for 15 years, he advised FTSE 100 and Fortune 500 executive teams in the UK and North America on sourcing strategies, helping to develop and negotiate multi-billion outsourcing arrangements, thereby transforming clients’ corporate offices through shared services and offshoring. During his time there, he built the sourcing business of PA into one of the world’s leading advisors, working across multiple sectors including life sciences, travel, transportation, energy, financial services, and the UK government.

Previously in his career, while at SHL Systemhouse, an outsourcing firm now part of Hewlett Packard, Cooper-Bagnall was engaged in some of the earliest IT outsourcing initiatives.

“I am excited to be joining such a fast growing organization and dynamic team,” said Cooper-Bagnall. “As organizations recognize the huge potential locked away in their supplier spend, Proxima’s approach is increasing in demand and I am looking forward to leading the commercial team and working with great organizations around the world, designing and delivering an alternative to the conventional in-house procurement function.”

About Proxima:

Proxima, a leading global procurement services provider, is the alternative approach to the conventional in-house procurement function. We address one of the most complex problems facing modern businesses – the extent to which most operations are now carried out by suppliers, and the lack of control associated with that – and turn it into a massive opportunity. We do this by focusing on aligning an organization’s third party costs with their corporate aims and helping companies spend well and maximize value from their operations.

Proxima manages over $10 billion in operational spend from clients across a broad range of industries including consumer products, financial services, healthcare and media and entertainment. Proxima is headquartered in the U.K. with U.S. offices in Chicago and Los Angeles along with a significant European footprint. For more information, please visit www.proximagroup.com.

Media Contact:

Greg Kalish, GK Communications for Proxima

516-665-3292

proxima@gkcomms.com