Jade Software Corporation has announced changes to its operating structure and executive team.
The company's chair, Ruth Richardson, says that Jade had largely completed a three-year business transformation programme and would now operate as two discrete operations -- Jade and Wynyard Group.
"Over the course of the past three years, management has focused on clarifying our value proposition, expanding our technology capability and narrowing our market focus," she says. "This has created significant new opportunities we believe are best executed as two focused, independent business operations."
Craig Richardson, managing director of Jade since 2009 and principal architect of the business transformation plan, becomes managing director of the recently launched Wynyard Group. He remains a director of Jade, Wynyard's holding company, and will continue to report to its board.
Wynyard's operational software helps manage and connect mission-critical risk management, intelligence and investigations cycles. Its customers include financial institutions, government security and justice agencies, and critical infrastructure operators.
Richardson says that Wynyard Group is experiencing strong global growth and now needs his 100 percent focus to ensure the investment made in product and talent, the sales momentum created, and global growth potential continues to be realised.
Jade's current chief operating officer, David Lindsay, has been appointed managing director of Jade. He will lead the company's global marine terminal (Master Terminal) enterprise and mobile development (JOOB Mobile) and infrastructure service business.
Lindsay was chief financial officer for nine years and has been chief operating officer for the past two years.