Mark Cubitt Steps Down From Beeks Financial Cloud Board

Mark Cubitt has resigned as a non-executive director of Beeks Financial Cloud Group plc effective November 6, 2026, ending almost a decade on the board.

Cubitt arrived at the cloud computing and connectivity provider before its initial public offering in 2017. He held the role of chairman until December 2024 and stayed on as a non-executive director. During his tenure, Beeks grew its revenue tenfold to £40.0 million in fiscal year 2026 while supplying cloud infrastructure and analytics to global financial institutions and exchanges. The company said his departure follows best practice guidelines and added that it does not plan to name a replacement at this time.

Chief Executive Officer Gordon McArthur said: "Mark has been alongside us since before the IPO and has played an important part in helping Beeks become the business it is today. We have greatly valued his advice and support for what we wanted to build. It has been a pleasure working with him over the past ten years, and he leaves with our thanks and very best wishes."

Cubitt said: "It has been an honour to be part of Beeks’ journey. Seeing the business grow from its early days before the IPO to working with some of the world’s leading financial institutions and exchanges has been hugely rewarding. I leave the Board with Beeks in its strongest position yet and with every confidence in Gordon and the team’s ability to make the most of the opportunity ahead."

Cubitt's background and executive career

Cubitt holds 35 years of multinational corporate experience, including 24 years at public limited companies. He spent eight years as chief financial officer of Wolfson Microelectronics plc before Cirrus Logic acquired the business in August 2014.

Earlier in his career, Cubitt worked as non-executive chairman of Superglass Holdings plc, where he helped lead a company turnaround prior to its sale in 2016. He held the role of vice president of finance at Jacobs Engineering after serving as finance director at Babtie Group, which Jacobs Engineering bought in 2004. While at Jacobs, he joined the board of road maintenance firm BEAR Scotland and served as chairman in 2006. His prior employment also includes positions at Denholm Oilfield Services Limited, Dawson International plc, Christian Salvesen plc and Aggreko.

Cubitt is a chartered accountant and belongs to the Association of Corporate Treasurers. He earned a degree in accountancy and computer science from Heriot-Watt University.