Boardroom shuffle at RiverSoft

12 April 2012

LONDON software house RiverSoft has unveiled a management shake-up six months after chief executive Dominic Gattuso quit unexpectedly. Founder Phil Tee becomes president and reverts to his role as chief technology officer.

In comes Carl Symon, the former UK head of IBM, as non-executive chairman. Former AT&T executive Tim Murray becomes chief executive and Fraser Park, former finance director of Stanley Tools and Nettec, replaces Mark Harris.

Tee said that Gattuso had received a two-year pay-off worth just over £750,000.

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