1st Exchange managing director David Child has quit the software firm.
A statement from the company says Child is stepping down to pursue other career opportunities.
He will be replaced by Chris Noblet who will join next month from IT firm Ramesys.
1st Exchange says Steve Jones, who recently joined as executive deputy chairman following the acquisition of N4, will work with Noblet to develop future strategy.
1st Exchange chairman Alastair Hazell says: “David has been instrumental in getting us to this enviable position. He joined 1st Exchange during a crucial period in its development, successfully taking the company through its acquisition by Vertex, and more recently into part ownership by LDC. He led the team through the acquisition of both 1st Software and more recently N4, and the company’s growth during this period was substantially a result of his commitment and hard work. We all wish him well in the next stage of his career.”
“Chris brings a wealth of experience to this role and we look forward to working with him as we move on to the next phase in the development of the business.”