Feeds

Sage chairman steps down

Speculation as Vodafone man steps up

Boost IT visibility and business value

Sage Group chairman Michael Jackson will step down as of August 1 this year and leave the board to be replaced by Vodafone deputy chief executive Sir Julian Horn-Smith.

Ovum Holway Hotnews reports that Jackson's abdication after 22 years in charge has been precipitated by his chairmanship of PartyGaming which, like Sage, is a FTSE 100 company. UK corporate guidelines state that an individual should not hold two FTSE 100 chairmanships simultaneously.

Horn-Smith has been at Vodafone since it was founded in 1984. He joins the Sage board in March as a non-executive director, before leaving Vodafone in July and then taking the reins on Jackson's departure.

Jackson took up the chair in 1997 and has led Sage to international growth through aquisition. There has been press speculation that the switch will lead to further Sage investments.

Perhaps tellingly, a statement from Sage particularly praises Horn-Smith's experience "around investment in and integration of aquisitions".

A sale of Sage itself has even been mooted, according to Ovum. Recent buys by potential suitors Microsoft and Oracle make it unlikely that they'll be investing in more business applications soon, however. Intuit, meanwhile, was in a position to buy Sage some time ago, but probably recoiled at the asking price. ®

Maximizing your infrastructure through virtualization

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.