Wednesday, 19 March 2008

Sage finds a US CEO at last

Sage has completed its too-long task of finding a CEO for its US operations; which is roughly 50% of its revenues. She’s Sue Swenson and comes from Atrinsic where she was COO. Her main background, however, is from a variety of telecoms companies.

George O’Connor (Panmure Gordon) likened Swenson to Carly Fiorina who came to HP from a similar background and could hardly be described as a success. I’m afraid I am with George on this one. Telecomms people just don’t get SITS. I’ve had a few other emails from analysts equally sceptical about the appointment.

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