RegulationCorporate GovernanceMisys silent after cull of board

Misys silent after cull of board

Financial software company Misys refuses to release details of its search for a new FD after its recent boardroom cull

The company has remained tight-lipped over its search, as chief exec Mike
Lawrie comes under increasing pressure to find adequate replacements. Lawrie
engineered sweeping changes to the boardroom which included the departure of
finance boss Howard Evans.

‘Mike has been brought in with a clear mandate to get the business performing
at a higher level than it has done, but changes to the board are effected with
the full agreement of the board,’ said a spokesman.

The business is hoping to find a replacement for Evans by the end of May when
he steps down. Evans was one of three high-profile casualties after Lawrie’s
overhaul of the Misys
board.

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