Chris Hsu Steps Down with Stephen Murdoch Appointed as New
CEO
NEWBURY, England, March 19, 2018 /PRNewswire/ -- Micro Focus
International Plc (LSE:MCRO; NYSE:MFGP) today announced that Chief
Executive Officer Chris Hsu has
notified the Board of Directors that due to a desire to spend more
time with his family he will step down, effective immediately, as
CEO and Director of the company. The Board has appointed
Stephen Murdoch, current Chief
Operating Officer, to serve as the new CEO, effective
immediately.
"I have loved leading this great company and am confident that
it is well positioned to help customers across their Hybrid IT
challenges with a focus on delivering customer-centered
innovation," said Hsu.
Chris Hsu was named CEO in
January 2017 and assumed the role
following the closure of the transaction that merged the former
Micro Focus with the software division of Hewlett Packard
Enterprise on September 1, 2017.
During his tenure, Hsu has continued to reinforce Micro Focus's
commitment to a customer centric approach to innovation, shown
support for the proven Micro Focus operating model that allows the
effective management of a portfolio of scale assets, and emphasized
the value of the breadth and depth of the newly combined product
portfolio.
"I would like to thank Chris for his steadfast leadership,
tireless energy and enthusiasm over the past 15 months and wish him
every success in the future," said Kevin
Loosemore, Executive Chairman, Micro Focus.
Stephen Murdoch most recently
served as the company Chief Operating Officer and will assume his
new role as CEO effective immediately. Murdoch has a 25-year track
record of success in the IT industry, spanning hardware, software,
and services. He has held senior executive positions in general
management, sales, and strategy with IBM and Dell. Murdoch served
as CEO for Micro Focus prior to the spin-merge with the software
division of Hewlett Packard Enterprise.
About Micro Focus
Micro Focus is a leading global
enterprise software company uniquely positioned to help customers
extend existing investments while embracing new technologies in a
world of Hybrid IT. Providing customers with a world-class
portfolio of enterprise-grade scalable solutions with analytics
built-in, Micro Focus delivers customer-centered innovation across
DevOps, Hybrid IT Management, Security & Data Management, and
Predictive Analytics. Join us at LinkedIn and follow us
@MicroFocus.
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