Agilysys Announces Chief Financial Officer Transition
May 26 2020 - 7:48PM
Business Wire
Current VP-Corporate Strategy & Investor
Relations, Dave Wood will become CFO on June 1, 2020; Current CFO
Tony Pritchett will remain with the Company until June 30
Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of
next-generation hospitality software solutions and services, today
announced that Dave Wood, Vice President - Corporate Strategy &
Investor Relations, will become its Chief Financial Officer on June
1, 2020. The appointment follows the resignation of Tony Pritchett,
Current Chief Financial Officer, who is leaving to pursue other
opportunities. Dave Wood has been the Company's Vice President,
Corporate Strategy & Investor Relations since June 2019, after
having served as Agilysys Vice President - Finance. Following his
resignation, Tony Pritchett will remain with the Company until June
30 to assist with the transition.
Ramesh Srinivasan, President and Chief Executive Officer of
Agilysys, said, "On behalf of the Board of Directors and management
team, I would like to express our appreciation to Tony for his
leadership, financial expertise and financial management during his
tenure with Agilysys. Tony has done an outstanding job leading our
efforts to improve profitability while strengthening our financial
and operational teams. We wish Tony the best in his choice to
pursue entrepreneurial endeavors.
“We are fortunate to have Dave Wood accept the responsibility as
our next Chief Financial Officer. Dave has been with Agilysys in
senior financial roles for over eight years, and knows our Company,
customers and markets well. Having a candidate as strong as Dave
ready for internal promotion to a key leadership role is a
testament to the depth of our senior leadership team. Dave has my
complete confidence as our new CFO."
“It has been an honor to be a part of this talented leadership
team and to help drive the growth and profitability of Agilysys,”
said Pritchett, “I have worked with Dave for many years and am
confident he will provide excellent leadership, positioning
Agilysys for continued success in the future. I am sincerely
thankful for the opportunity to have worked for this great company,
and I know that they will continue to build upon the strong
foundation we have built.”
Dave joined Agilysys in 2011 as the Controller of the
Hospitality Division. Since that time, he has led a variety of
teams across Operations, Accounting and Finance, serving as Vice
President – Finance, and subsequently as Vice President – Corporate
Strategy & Investor Relations, Prior to joining Agilysys, Dave
was a Senior Manager at NCR and Radiant Systems working on various
Finance and Accounting functions.
“I am honored to be given the opportunity to serve as Agilysys’
CFO, and appreciate the confidence of Ramesh and the Board,” said
Wood. “Tony has provided us with strong leadership, and I look
forward to working with our shareholders and other stakeholders to
continue positioning Agilysys as a financially strong, growing
innovator in hospitality solutions.”
About Agilysys
Agilysys has been a leader in hospitality software for more than
40 years, delivering innovative guest-centric technology solutions
for gaming, hotels, resorts and cruise, corporate foodservice
management, restaurants, universities, healthcare, and sports and
entertainment. Agilysys offers the most comprehensive software
solutions in the industry, including point-of-sale (POS), property
management (PMS), inventory and procurement, payments, and related
applications, to manage the entire guest journey. Agilysys is known
for its leadership in hospitality, its broad product offerings and
its customer-centric service. Some of the largest hospitality
companies around the world use Agilysys solutions to help improve
guest loyalty, drive revenue growth and increase operational
efficiencies. Agilysys operates across the Americas, Europe, the
Middle East, Africa, Asia-Pacific, and India with headquarters
located in Alpharetta, GA.
For more information, visit www.agilysys.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200526005889/en/
Media: Robert Shecterle, Agilysys, Inc., 770-810-6046,
robert.shecterle@agilysys.com Investors: Dave Wood, Agilysys, Inc.,
770-810-7920, dave.wood@agilysys.com
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