|By Business Wire||
|April 8, 2014 10:42 AM EDT||
Eze Software Group, a premier provider of global investment technology, today announced that Pete Sinisgalli has been appointed CEO. Effective May 1st, Mr. Sinisgalli succeeds Tom Gavin, who had announced to employees and clients late last year that he would be stepping down for personal reasons after nearly sixteen years with the company, including nine years in the CEO role. Mr. Gavin will continue to play an active role with the company, serving on the board and acting as an ongoing strategic advisor to Eze Software Group.
Mr. Sinisgalli brings a proven record of success to Eze Software Group, having served in senior leadership positions in both private and public software companies across multiple industries. Most recently, he was president and CEO of Manhattan Associates (NASDAQ – MANH) from 2004 through 2012. During his tenure at Manhattan Associates, the company experienced significant growth and migrated its supply chain management solutions to a new technology platform. Prior to Manhattan Associates, Mr. Sinisgalli had been president and CEO at NewRoads, Inc., president and COO at CheckFree and CFO at Dun & Bradstreet Software. He currently serves on the Board of Directors of Eze Software Group, Manhattan Associates, and Agilysys.
“I’m excited to join Eze Software Group and look forward to working with an experienced senior team that has established itself as the best in the business. The company’s recent accomplishments and continued record of success are a testament to the talent and hard work of its 800 employees around the globe,” said Mr. Sinisgalli. “I look forward to leading such a strong organization, helping it execute against its short- and long-term strategic vision while accelerating its growth even further in the years ahead.”
“I am extremely proud of what the team has accomplished over the years that I have been with the company,” said Mr. Gavin. “I am thrilled to know that I can transition the CEO role to someone with the talent and experience that Pete Sinisgalli brings to the table. In addition, Pete recognizes and embraces the long-standing cultural uniqueness of Eze Software Group and shares our belief in building a business focused on being ‘a partner and not just a vendor.’”
“I know that I speak for the entire senior management team at Eze Software Group when I say that we are thrilled to have somebody of Pete’s caliber and background join the Eze Software team,” said Jeff Shoreman, co-president of Eze Software Group. “Pete brings a wealth of experience that will be extremely beneficial to us as we continue our rapid growth and significantly increase our long-term R&D investment.”
This announcement comes on the heels of a record 2013 and very strong first quarter in which the company continued to see significant global growth for all product lines. Additionally, last week its Tradar PMS won Best Technology Reporting Software at the 2014 HFMWeek European Hedge Fund Services Awards.
ABOUT PETE SINISGALLI
Pete Sinisgalli has served as a director of Manhattan Associates since March 2004. Mr. Sinisgalli served as Manhattan Associates’ president and chief executive officer from 2004 through 2012. Before joining Manhattan Associates, Mr. Sinisgalli spent a year at NewRoads, Inc., a privately held third-party fulfillment provider, where he held the position of president and chief executive officer. Prior to that, Mr. Sinisgalli spent six years at CheckFree Corporation, a Nasdaq-listed global leader in outsourced electronic processing services. His last position at CheckFree was president and chief operating officer. Mr. Sinisgalli spent 14 years at The Dun & Bradstreet Corporation where his last position was executive vice president and chief financial officer for Dun & Bradstreet Software. He holds a bachelor's degree in economics and an MBA, both from Cornell University. Mr. Sinisgalli is also a director of Agilysys (NASDAQ – AGYS).
About Eze Software Group
Eze Software Group is a premier provider of global investment technology to support the front, middle, and back office. Formed in 2013, Eze Software Group brings together the proven success of the RealTick® EMS, Eze OMS™, and Tradar PMS™ teams. It partners with more than 1,500 buy- and sell-side institutions in 30 countries across North and South America, EMEA, and Asia Pacific. Its clients include broker-dealers, endowments, family offices, hedge funds, institutional asset managers, mutual funds, pension funds, and professional individual investors. Based in Boston, Eze Software Group employs more than 800 people in 12 offices worldwide. For more information, visit www.ezesoft.com.
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