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Progress, the US-based software solutions company with huge interests in India, has appointed Yogesh Gupta as the Chief Executive Officer.
He will also join the board of directors of the company. He will replace Phil Pead as the CEO. Pead, who has been heading the firm since December 2012, is retiring but will be on the company board.
Prior to this appointment, Yogesh Gupta was the President and CEO of cloud management software firm, a Progress statement said.
He also worked as CEO of FatWire Software for about four years from 2007. The firm was bought by Oracle in 2011. Gupta also worked for CA for about 18 years.
“Yogesh is clearly the right leader for Progress' future,” John R. Egan, Chairman of the board of directors, has commented, while announcing the appointment of Gupta as Progress’ CEO.
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