Misys plc Appointment of Steve Vaughan, Chief Executive, Misys Banking Systems
Misys plc, the global software and solutions company, announces today (7 March 2006) that Steve Vaughan has been appointed Chief Executive of Misys Banking Systems, the banking division of Misys plc and a leading supplier of banking software. Mr Vaughan will take up the position with effect from 20 March 2006 and will also assume additional responsibility as CEO of the newly created Core Banking business unit within Misys Banking Systems. Mr Vaughan, aged 45, will report to Kevin Lomax, Chief Executive, Misys plc.
Steve Vaughan has significant experience of the technology industry, most recently as Group CEO of Synstar plc, the pan- European IT service provider which is now part of Hewlett Packard. Mr Vaughan transformed Synstar into a profitable business and oversaw the sale process and transition into HP during his time leading the company. Previously, Mr Vaughan held a range of roles at EDS Ltd., the global IT services outsourcing company, latterly as Managing Director, where he had responsibility for the industry division in the UK.
Commenting on the appointment, Misys plc Chief Executive Kevin Lomax, said: “Steve Vaughan brings substantial technology industry knowledge and the experience of running major international organisations, which will be invaluable to Misys. I look forward to working with him as we continue to transform Misys Banking Systems into the global leader in banking software and solutions.”
ANALYST/INVESTOR ENQUIRIES
MEDIA ENQUIRIES
Josh Rosenstock
Tel: +44 (0) 20 7368 2327
Mob: +44 (0) 7921 910 914
Email: josh.rosenstock@misys.co.uk
Tel: +44 (0) 20 7368 2327
Mob: +44 (0) 7921 910 914
Email: josh.rosenstock@misys.co.uk
About Misys plc
Misys plc (FTSE: MSY), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is also a market leader, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance Misys is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to about 7,800 financial advisers in the UK. Misys employs over 6,500 people who serve customers in more than 120 countries. For more information, visit www.misys.com
Misys plc (FTSE: MSY), the global software company, is one of the world’s largest and longest-established providers of industry-specific software. Founded in 1979, Misys serves the international banking and healthcare industries, combining technological expertise with in-depth understanding of customers’ markets and operational needs. In banking Misys is a market leader with over 1,200 customers, including 49 of the world’s top 50 banks. In healthcare Misys is also a market leader, serving more than 92,000 physicians in 18,000 practice locations, 1,250 hospitals and 600 home care providers. In UK general insurance Misys is the market leader in software solutions. Through Sesame, a wholly-owned subsidiary, the company is also a leading provider of support services to about 7,800 financial advisers in the UK. Misys employs over 6,500 people who serve customers in more than 120 countries. For more information, visit www.misys.com
