Sage To Appoint Guy Berruyer As New CEO - Financial Times

16th Jul 2010 06:31

LONDON (Dow Jones)--Sage PLC (SGE.LN), one of the U.K.'s largest software companies, is poised to appoint Guy Berruyer as chief executive to replace Paul Walker, who is stepping down after 16 years, reports the Financial Times Friday, without citing sources. Berruyer, a 59-year-old French national, is chief executive of Sage's mainland European operations, having joined the accounting software company in 1997. He is also responsible for the group's Asian operations, the report says. Berruyer is understood to be the front-runner for the post, the report says, with contracts expected to be signed within days, and he will pip to the post a number of other Sage executives, including Paul Stobart, head of the U.K. operations, and Paul Harrison, chief financial officer. Newspaper Web site: http://www.ft.com -London Bureau, Dow Jones Newswires; +44 (0)20 7842 9320 (END) Dow Jones Newswires July 16, 2010 01:31 ET (05:31 GMT)