Listed cloud technology firm K3 has appointed Marco Vergani as Chief Executive Officer of the Group.
Salford-headquartered K3 serves an array of verticals – including manufacturing, retail, hospitality, venues and attractions, and supply chain – with cloud platforms and solutions.
Vergani, aged 57, has over 30 years’ experience in the technology industry, and has served in international executive and leadership roles across UK, Europe, US and Asia.
Having worked in senior executive sales roles at IBM for 26 years, latterly as Vice-president of EMEA sales for Global Process Services, more recently he was Chief Operating Officer at Qubit, a global leader in eCommerce personalisation, serving global luxury, cosmetics and fashion brands.
Vergani has also served as Global Senior Vice-President, Sales and Account Management at Digital River, the provider of SaaS-based eCommerce, payments and marketing solutions globally, which also operated as an authorised reseller to consumers.
Chairman, Tom Crawford, who had assumed the role of interim CEO on 5 March 2021 during the recruitment process, relinquishes the position.
“I am delighted to be joining K3. The company has developed a number of market-leading software solutions, and I believe there is a significant opportunity to sharpen its existing strategy to grow own-IP sales,” said Vergani.
“My background in commercial sales and the retail and direct-to-consumer sectors is directly relevant, and I look forward to working with colleagues, clients, and strategic partners to continue to innovate and drive long-term, high-quality, subscription-based earnings.”
Crawford added: “We are very pleased to welcome Marco as K3’s new CEO. Marco has a strong commercial track record, and extensive omni-channel experience.
“In particular, he understands digital transformation and the SaaS business model in our markets. He is well-qualified to lead K3 and drive the next stage of its development.”