LONDON, September 27, 2013 /PRNewswire/ --
New CFO leaves FTSE 100 company, Inmarsat to join Misys Leadership Team
Misys confirms that Rick Medlock will join its senior management team as Chief Financial Officer as the company continues to add significant talent to its leadership within the organisation. Mr Medlock is joining from Inmarsat plc, the leading mobile satellite services company where he has served as Chief Financial Officer since 2004. He has a strong track record within the technology, media and telecoms sectors, specialising in fast-growing, dynamic telecom and technology companies.
"Following five straight quarters of growth and software licence revenue increasing by more than 45% in the past three months, we are excited to welcome Rick at a time when we are poised for further growth," comments Nadeem Syed, Chief Executive Officer, Misys.
"I am delighted to be joining Misys at such a pivotal time and am looking forward to working with Nadeem and the leadership team," adds Rick Medlock. "I am confident that my experience of working for some of the leading companies in the Technology, Media and Telecoms sector over the last 25 years, coupled with my track record working with private equity backed businesses, should enable me to make a strong contribution to the future success of Misys."
Misys provides the broadest portfolio of banking, treasury, trading and risk management solutions available on the market. More than 1,900 banks and financial institutions use Misys software to run their businesses, all benefitting from the continual investment in innovation and product quality. Misys solutions create value across banking and trading book operations, underpinned by the deep domain expertise and experience of Misys employees and partners who help ensure customers get maximum benefit from the solutions and operate more effectively.
With high quality products and support Misys customers are able to grow and protect their long-term technology investments. Misys has the broadest range of solutions available to meet the most complex requirements. Visit http://www.misys.com to see how Misys and its extensive network of partners can add value to the financial services industry.