WANdisco recruits FTSE 100 CFO
YORKSHIRE software group WANdisco has recruited the chief financial officer of FTSE 100 company The Sage Group.
The Sheffield and California-based company said that Paul Harrison would join to replace current CFO Nick Parker who is leaving having successfully worked on its flotation on the Alternative Investment Market (AIM) in November 2011 and a fund-rasing and its first set of annual results.
WANdisco said that with a signficant balance of its sales now in the US, and with future sales growth focused on Asian markets, it has decided to relocate its CFO role to its office in Silicon Valley, California.
Mr Harrison joins WANdisco from Sage, a global provider of business management software to small and medium sized companies.
He joined in 1997 from Price Waterhouse to become group financial controller. He joined the board of Sage in April 2000 as chief financial officer.
In May 2007, he was appointed to the board of Hays as a non-executive director and, in November 2011, became its senior independent non-executive director.
Mr Harrison’s appointment will take effect from September 1, 2013. Ahead of that date, Mr Parker will remain in both his CFO and Board positions ensuring continuity in the management of WANdisco’s financial affairs.
David Richards, WANdisco cChairman and chief executive officer said: “All of us at WANdisco, particularly the board, wish to thank Nick for his major contribution to the company. Nick’s hard work throughout the IPO process has been nothing short of invaluable. With our IPO successfully completed, we now look to use this opportunity to create a more US-centric finance team. Nick leaves WANdisco in excellent financial health and we are very pleased to have appointed Paul Harrison to continue the work Nick has started. Paul has a wealth of experience within the technology sector and a leadership track record of excellence while at Sage.”
Mr Harrison added: “I am excited to be joining David and the team at WANdisco. With its patented technology providing unique functionality targeted at some very high growth markets, I believe that WANdisco is well placed to continue its exceptional growth. I look forward to playing my part on this journey, and to sharing my experience of Sage’s own growth story over the last sixteen years.”
