A US boardroom clearout by Sage has claimed the scalps of CFO Jim Eckstaedt
and CEO Ron Verni.
The software giant took the decision after
the US arm only recorded 4% organic revenue growth this year.
Sage said: ‘Following a review of its North American business, the Board has
concluded that a change in leadership is required to realise the full potential
business. With immediate effect, Ron Verni, CEO North America and Jim Eckstaedt,
chief financial officer, North America have left the business.’
Andrew Griffith, group director of Treasury and Mergers & Acquisitions,
formerly group FC, will be acting CFO at the US arm Sage said.
Sage added: ‘The process to recruit a new regional chief executive officer
and regional chief financial officer is underway.’
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars