Misys FD steps down after boardroom purge
Finance director Howard Evans to leave software company along with other senior board members
Howard Evans, the finance director of
Misys , will leave the company at the end of its financial
year in May.
Evans was just one of a raft of executives who will leave the software
company, as the group announced a wholesale overhaul of its senior management
team.
Tom Skelton has resigned as chief executive of Misys Healthcare Systems and
Jasper McMahon has quit as corporate development director.
The resignations come after a difficult spell for Misys, which has been
hounded by takeover predators and struggled with revenue recognition problems.
In a statement released alongside the group’s
interim results for the six months to the end of November
2006, the group said that a search for Evans’s successor was already underway
and that he would stay on to ensure a smooth transition.
Mike Lawrie , Misys chief executive, said: ‘Tom, Howard and
Jasper have each been with Misys for many years. I and the whole board thanks
them all for their significant contributions to the company and wishes them
every success in the future.’
Misys had flat revenues of £468m for its interim period, up marginally from
£465m over the comparative interim period.
Further reading:
Former FD offers ‘best deal’ for Misys
Revenue recognition setback for Misys