Feeds

Sage chairman steps down

Speculation as Vodafone man steps up

Top 5 reasons to deploy VMware with Tegile

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. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
Inside the EYE of the TORnado: From Navy spooks to Silk Road
It's hard enough to peel the onion, are you hard enough to eat the core?
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Website security in corporate America
Find out how you rank among other IT managers testing your website's vulnerabilities.