Listed software company Ideagen has appointed its first Chief Revenue Officer.
Ideagen, based in Nottingham, has reported 12 consecutive years of revenue and profit growth and recently secured a £100 million funding package.
With a presence in 150 countries, the business provides quality, audit and risk software to organisations operating in highly regulated industries.
Its clients span sectors including aviation, financial services, life science, healthcare and manufacturing, and it has ‘centres of excellence’ in the UK, Europe, America, UAE and South East Asia.
James King has taken up the new role, which covers all commercial customer–facing activities, including sales, delivery, and customer success. The CRO will also be a member of Ideagen’s Executive Leadership Team.
King joins Ideagen from IDEMIA Group, a French €2.3 billion group in digital payment, connectivity, and identity solutions, where he was most recently Senior Vice President of Global Markets for the group’s Digital Business Unit.
With more than 27 years in the technology and software industry King has previously held senior international leadership roles in a number of software companies, including Evolving Systems, which is listed on NASDAQ, where he was Vice President of Worldwide Sales & Marketing, and Swedish mobile software vendor, SmartTrust, where he was Vice President and General Manager EMEA.
Ben Dorks, CEO of Ideagen, said: “We see the role of Chief Revenue Officer as an important one in the next phase of Ideagen’s development.
“Our strategy is to continue to grow our business geographically and by sector and James has been very successful in helping other software businesses to do that.
“I am delighted to welcome him to the team and very much look forward to working with him.”
King said: “I am enormously excited to be joining such an innovative and fast-growing software business.
“Ideagen has become one of the leading vendors in the ‘reg-tech’ space with a broad portfolio of SaaS solutions addressing a whole range of highly regulated industries such as financial institutions, life sciences, healthcare, aviation, and manufacturing.
“I look forward to joining such a talented team and helping them to continue the strong growth story as we look to expand into new market segments, new geographies, and launch new solution offerings to help our customers manage their evolving regulation management needs”.