Thinventory has announced changes to its senior leadership team as the business strengthens its leadership structure to support continued growth.

Adam Smith has been appointed Chief Executive Officer (CEO), moving from his role as Managing Director. Current CEO Dave Wilson will become Chairman, succeeding Stuart Miller, who remains active in supporting the business as Founder.

With more than 25 years of experience, Thinventory is a global provider of field inventory networks, delivering critical parts to engineers, optimising field inventory and helping organisations meet demanding service level agreements.

The leadership transition follows a period of record revenue and profit growth in 2025, reflecting increasing demand for Thinventory’s solutions and continued expansion across its core and emerging markets.

Adam Smith said: “I’m excited to become CEO at a pivotal point in Thinventory’s journey. The quality of our people, combined with the solutions and technology we deliver, make a significant impact on the businesses we support.

“As we look ahead, there are significant opportunities through initiatives such as Pathfinder, our data science platform helping customers positioning strategic inventory closer to the point of need, growth into new industries, and further international expansion.”

Dave Wilson said: “I’m pleased to see Adam step into the CEO role and look forward to supporting the business as Chairman. With Stuart continuing to contribute his expertise as Founder, we have a strong leadership team to build on the company’s success.”

A majority stake in Thinventory is held by investment firm Francisco Partners, which supports the leadership transition.

Deep Shah, Partner and Vice Chairman at Francisco Partners, said: “We’re excited about the next chapter for Thinventory. The business has demonstrated strong momentum, with record results and clear opportunities for further expansion.

“Adam’s appointment as CEO, alongside Dave’s continued involvement as Chairman, creates a strong leadership team to guide the company through its next phase of growth.”

Headquartered in Slough, Thinventory operates nine distribution centres across the UK, including key sites in Coventry, London, Bristol and Glasgow.