Rachael Singh, Accountancy Age, Friday 16 July 2010 at 09:41:00

FTSE 100 business Sage has promoted Guy Berruyer the head of Europe &Asia to CEO succeeding Paul Walker

Financial software business Sage has promoted Guy Berruyer to chief executivesucceeding, outgoing Paul Walker.

Berruyer is promoted from CEO of Sage's mainland Europe & Asiaoperations. He joined Sage in 1997 to run the French operations at the FTSE 100company and was later promoted to the board of directors in 2000.

Berruyer previously worked at financial software suppliers Intuit asEuropean director.

Anthony Hobson, chairman of Sage, said: "During his [Berruyer] 13 yearcareer with Sage, Guy has lead the successful growth of our business in Europeand, more recently, in Asia. He has a strong track record of profit growth, bothorganically and through the successful acquisition and integration of companies.

Berruyer takes up the position in 1 October and succeeds Paul Walker who willremain at Sage until 1 December.

Walker has spent 26 years at the company, 16 of which as CEO.

Further reading:

Sagechief Walker to step down after 16 years

Intuitproblems sees rival Sage's shares increase

NewSage product to help accountants file clients' accounts