• Clayton at Executive Board Position of Sage
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  • By CXOtoday Staff, Jul 26, 2007 1737 hrs IST
  • Tags : Clayton at Executive Board Position of Sage
  • Sage group has appointed David Clayton as its group strategy, and mergers and acquisitions director. Clayton is currently a non-executive director of Sage and a senior independent director.

    He was, previously, the managing director and the head of European Technology Research at Credit Suisse until 2004, and has held a number of senior industry positions in the technology sector.

    Clayton will step down from the Sage board, effective immediately. He will take up his new position and join the board as an executive director 1 October, 2007 onwards.

    Tim Ingram, non-executive director of Sage since 2002, and chairman of the remuneration committee becomes senior independent director, effective immediately, taking over from Clayton.

    Paul Walker, chief executive of Sage said, "David will concentrate on long-term trends in the industry, and help position Sage for continued success in our global markets."

    The appointment of 2 new independent non-executive directors is underway.

    Related Links:
    Appointments at Sage and KPIT Cummins
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