Sage appoints Steve Hare as new CFO

11th Nov 2013 07:28

Business management and accountancy software giant Sage has named Steve Hare, an Operating Partner at private-equity investment group Apax Partners, as its new Chief Financial Officer (CFO).He replaces Paul Harrison, who announced his intention to leave the firm back in May for California-based WANdisco. Harrison had been with Sage for 16 years.Hare is said to have "significant financial and operating experience" as a CFO, being a former executive at listed firms Invensys and Spectris. He will join the board in January 2014.Chief Executive Guy Berruyer said he is "delighted" to welcome Hare, who "brings considerable finance and business expertise developed with global companies, augmented by operational experience gained with private equity"."This appointment further strengthens our executive team and he will play a key role in driving forward our strategy and realising our growth ambitions," Berruyer said.BC