Chris Hsu to lead Micro Focus after HP Enterprise merger
Micro Focus gave the markets some clarity on its future leadership on Tuesday, announcing the appointment of Chris Hsu as its post-merger CEO.
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The FTSE 100 firm had announced on 7 September that, as part of the proposed merger with the software business segment of Hewlett Packard Enterprise, Kevin Loosemore and Mike Phillips would continue as executive chairman and chief financial officer of the enlarged group.
On Tuesday, the board confirmed that Hsu, currently chief operating officer of HPE and executive vice president of HPE Software, will become CEO of the enlarged group following completion of the merger.
Stephen Murdoch will remain CEO of Micro Focus until completion, and then become COO.
Nils Brauckmann will remain CEO of SUSE, which will continue to operate, and as previously announced, it is intended that Kevin Loosemore will remain executive chairman until at least April 2018.
Micro Focus said it expects to announce further details of board composition and executive management of the enlarged group when its prospectus is published in the third quarter of 2017.
“I am delighted that Chris has agreed to take on this key role as CEO of the enlarged group and look forward to working with him over the coming years,” said Kevin Loosemore.
“This merger is a major transformation which needs a strong and fully aligned leadership team.”