Home > Industry > Appointment & Jobs > Massive Rejig At Reckon In Wake Of MYOB Deal Collapse

Massive Rejig At Reckon In Wake Of MYOB Deal Collapse

Australian accounting software provider Reckon has dramatically rejigged its board and top management structure, following collapse of rival MYOB’s bid for Reckon’s Accountants Group division.

“We have an exciting growth strategy across our entire business, and what we have retained with the Accountants Group is a prestigious client base, a fantastic product set, distribution channel, revenue stream and the best team in the market,” said Sam Allert, who will become CEO on July 1. He was formerly head of A/NZ business.

Allert replaces Clive Rabie, pictured, who becomes managing director, focusing on group strategy, growth, and mentoring the management team.

Current board chairman Ian Ferrier will retire on July 1 after 14 years on the board. Greg Wilkinson will be the new chairman, and Reckon co-founder Phillip Haman will join the board as a director.

A plan to boost strategic acquisitions gets a quick start with the purchase of Better Clinics, described as cloud-based practice management software for health, medical and fitness professionals.

You may also like
MYOB Acquires Two Partners
MYOB Moves Into Invoice Financing
ACCC Concerned About MYOB’s GreatSoft Buyout
Recession Fear: Oz Tech Shares Follow The Leaders Down – Again
AWS Outage Sees MYOB Hit