Sage director steps down

HEAD OF SAGE’S Northern Europe operations Paul Stobart is to leave the business in May and is succeeded by Álvaro Ramírez

Just five months after a management reshuffle at IT giant Sage, the business has announced its head of Northern Europe Paul Stobart is stepping down.

Stobart, who has been with the company for 15 years, will leave the business on 31 May to explore “fresh challenges”.

Álvaro Ramírez, currently CEO of Sage Southern Europe, now takes responsibility for all of Sage’s European operations.

The news comes less than five months after Guy Berruyer unveiled his plans for a management reshuffle.

Tony Hobson, Sage’s chairman, said; “Paul has played a very significant role in the growth, development and success of Sage since joining the group in 1996 as business development director.

“Alvaro joined Sage in 2003 having seen Grupo SP, the business he founded, bought by Sage. Subsequently he has grown Sage’s Spanish business over 300%, both organically and by acquisition, and he has been at the forefront of Sage’s strategy of increasing subscription revenues by selling premium support contracts.”

For more company information visit the Share Price Centre