Unit4, a leader in enterprise cloud applications for people-centric organizations, announced that
Simon Paris has been appointed Chief Executive Officer (CEO), succeeding
Mike Ettling, who will hand over the reins at the end of January. Mike has led Unit4 for almost six years, guiding the company through significant growth, a transition to recurring revenue and establishing it as a major global player in Cloud
Enterprise Resource Planning (ERP) software.
Simon Paris is a seasoned executive with over 25 years of experience in the technology industry, including leadership positions with Infor and SAP. He most recently served as CEO at Finastra, a global provider of financial services software applications, where he led its transformation and growth strategy to become one of the largest FinTech companies in the world.
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The transition ensures strong continuity for Unit4 by building on a proven strategy that has driven its evolution through a ‘good to great’ phase to become a leading vendor for SaaS ERP for services industries. Mike and the Unit4 Board have been carefully planning and collaborating on this transition, ensuring a seamless handover and sustained momentum.
Under Mike Ettling’s leadership, Unit4 has undergone a transformation into a true Cloud-first business, achieving significant milestones in both product innovation and revenue growth. Recurring revenue now accounts for 80 percent of total revenue. This success is fueled by sustained organic growth, a robust cloud migration strategy, and industry-leading
customer satisfaction scores, solidifying the company’s reputation as the trusted partner for mid-market organizations. Its specialized, industry-focused applications empower customers to effectively manage their people, projects, and operations with exceptional efficiency and reliability.
Morgan Seigler, Managing Director at TA Associates, Unit4’s majority investor said: “Mike has been an exceptional leader, and we are grateful for his tremendous contributions. We believe Simon’s
leadership, vision, and experience will ensure a natural transition and help drive Unit4’s continued success.”