2021: While CODEX CEO Patrick Murphy admits it has been an extremely challenging 18 months for the reseller, he is proud that all staff members have been kept on as he positions the company for growth.
In 2020, the company’s revenue was down by around 20% versus 2019, with some categories declining by as much as 40%. Murphy says he is not planning for things to return to ‘normal’, and is working hard on making sure CODEX stays relevant for its customers.
This means, for example, offering much more of a services-oriented approach. One example of this is a partnership with Spectrum Optimise to provide workplace and home assessments to ensure companies are complying with health and safety regulations. CODEX has also enhanced its furniture offering and has won some good contracts in this category.
Murphy still has ambitious growth plans to build CODEX into a €40-€50 million ($45-$56 million) business over the next three years and is actively looking for new partnerships and opportunities in the Irish market.
2019: Patrick Murphy, current Director of Operations for Ireland-based reseller Codex has taken over the role of CEO in the family business that was founded by Brendan Murphy in 1979.
Murphy took the reins from Siobhan O’Connor, who stepped aside from the daily running of the business at the end of March. She will take on an ambassadorial business development role for a transitional period.
The reseller said the appointment of Murphy, who has over ten years’ experience in the business, comes as a number of new developments are getting underway, including the launch of a new online offering and the Codex.ie rebrand later this year.