Highlights
- Billing software group hands day-to-day leadership to an outsider later this month
- The outgoing leader stays on in an executive board role focused on strategy and deals
- Shares have fallen across the past year while the wider market has been steadier
Hansen Technologies
hands day-to-day control to a new chief executive later this month, a succession that brings in a senior TechnologyOne operator as the billing software group tries to shake off a difficult year on the market. As Hansen Technologies continues operating within the ASX 300, growing attention is also being directed towards ASX Technology Stocks as companies across the sector navigate changing market conditions.
Hansen Technologies is among the All Ords names drawing attention in ASX today coverage.
The handover date
The change takes effect on the nineteenth of November, under an arrangement announced in August. The incoming leader was most recently chief operating officer at TechnologyOne, so the appointment brings experience from a company the market has rewarded this year for consistency.
A familiar face stays close
The person who has run the business as chief executive will not be leaving. He moves in...