Misys looking for a new FD as Howard Evans steps down

Misys plc, the global software and solutions company, yesterday announced a number of changes to its Board and senior management team.

Tom Skelton has resigned as CEO of Misys Healthcare Systems and as a Director of the Company. The Board of Misys has accepted his resignation and has agreed with Tom that he will continue with the business for a period to ensure a successful transition to his successor. The process to appoint a successor to lead Misys Healthcare Systems is underway and an announcement on this will be made in due course.

Paul Lewis, who joined Misys Healthcare Systems on 16 January as Senior Vice President, Sales and Services, will in the mean time act as the division’s General Manager. He was most recently President and Chief Executive Officer of Revivio Inc., a data protection solutions developer. Previous roles include Worldwide General
Manager of IBM’s Global Services Consulting Group and earlier in his career he led IBM’s worldwide healthcare consulting practice.

The Misys Board has agreed with Howard Evans and Jasper McMahon that they will step down from their current roles.

Howard Evans will continue as Finance Director and as a Director of the Company until the end of the Company’s financial year to ensure a successful transition to his successor, a search for whom is underway.

Jasper McMahon will step down as Corporate Development Director and as a Director of the Company with immediate effect. A process is underway to appoint a successor and an announcement on this will be made in due course.

In addition, two further appointments have been made to enhance the senior management team.

Guy Warren is joining Misys on 5 March to lead the Core Banking business as Executive Vice President and General Manager. He was most recently Chief Executive of LogicaCMG UK, having previously led their financial services business and, prior to that, the banking practice of Unisys in Europe. James Cheesewright who has been acting CEO of Core Banking will remain in this role until Guy’s arrival. He will then take up a new role at plc level.

Eileen McPartland has been appointed to the new position of Executive Vice President of Global Sales and Services, and will join Misys on 29 January. She will focus on building the services and solutions offering to our customers across the banking and healthcare businesses. She was most recently Senior Vice President, North America Consulting, at Oracle, a role which included responsibility for the application, technology and Indian offshore consulting practices.

Mike Lawrie, Chief Executive, Misys plc, said: ‘Tom, Howard and Jasper have each been with Misys for many years: I and the whole Board thank them all for their significant contributions to the Company and wish them every success in the future.

‘We are wholly focused on turning the business around and creating value for our customers, employees and shareholders. Yesterday we announced that Jeff Ubben had joined our Board as a non-executive Director. Today, I am very pleased to welcome Paul, Guy and Eileen to Misys in what are significant senior roles. We are bringing fresh energy and new ideas to the Company as we build a seasoned executive team that will develop and execute our game plan and deliver with the passion and commitment we need to ensure that Misys performs at a much higher level in all areas. We have a big challenge and there is no short term fix, but we are very focused on our goal of restoring full confidence and credibility in the Company.’