Iress appoints CEO as Walsh retires

iress Marcus Price

26 July 2022
| By Laura Dew |
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Iress has appointed Marcus Price as its new chief executive following the decision by Andrew Walsh to retire after more than 20 years.

Price would be appointed as non-executive director from 26 July, 2022 before taking over as managing director and chief executive from 3 October, 2022. He was formerly founding chief executive of PEXA Group and also held senior positions at NAB and Boston Consulting Group.

In a statement, Iress said the appointment followed a “thorough succession planning, candidate search and evaluation process” and Walsh would remain as a consultant until January 2023.

Walsh joined Iress in 2001 and was appointed chief executive in 2009, he said he was leaving to “pursue new opportunities”.

Roger Sharp, chair of Iress, said: “Since taking over as CEO in 2009, Andrew has been instrumental in building Iress into a highly innovative market leader with a global footprint. The board understands his decision, is tremendously grateful to Andrew for his service and wishes him well in his future endeavour.

“Marcus is ideally placed to steer Iress on the next phase of its journey. He brings tremendous experience in financial services and technology businesses with a demonstrated track record in creating shareholder value.”

Iress was now seeking to execute on its 2025 strategy which included evolving its operational model and transitioning to a platform-based architecture.

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