– After nearly a decade at the business, Elona Mortimer-Zhika will transition from CEO role in New Year.
– Executive search is underway for a US-based global CEO who will bring IRIS into a new chapter of global growth.
– Executive Chairman, Gus Malezis appointed interim CEO.
, /PRNewswire/ — IRIS Software Group (IRIS), a leading global provider of accountancy, education management, HR and payroll solutions, today announced that, in a planned transition, Elona Mortimer-Zhika has made the decision to move on from her CEO role to focus on her family, philanthropic priorities and expanding board responsibilities in the UK. This move comes a year after she led the sale of the business to Hg, Leonard Green & Partners, L.P. (LGP) and Intermediate Capital Group (ICG) – in a transaction valuing the business at around $4 billion – and weeks after the acquisition of Dext. This represented the largest acquisition in IRIS’ history and brought significant growth …