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
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up