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    TEMN   CH0012453913


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Temenos : Appoints New Sales and Marketing Executives to Accelerate Business Growth in Cloud Banking

07/21/2021 | 12:08pm EDT
Temenos Appoints New Sales and Marketing Executives to Accelerate Business Growth in Cloud Banking
Financial, July 21, 2021
Temenos - Company

GENEVA, Switzerland, 21 July 2021 - Temenos AG (SIX: TEMN), the banking software company, today announced it has strengthened its Executive Committee to accelerate business growth and ensure Temenos is best positioned to capture the market opportunity in cloud banking and SaaS.

Martin Häring joins as Chief Marketing Officer (CMO) as part of Temenos' strategy to attract top leaders in the market with experience in high-growth, cloud technology organizations. Martin will be in charge of the company's brand evolution, the go-to-market strategy, and forging new partnerships through co-marketing and co-innovation. Martin comes with 25 years in B2B marketing and branding and has extensive experience leading global marketing organizations for large technology enterprises, including financial software and cloud services. Martin joins Temenos from Red Hat, where he was VP Marketing for EMEA. Before this, Martin was CMO at Misys and subsequently Finastra. Previously he was International CMO for Akamai Technologies, a large international cloud services provider, and EMEA CMO for Sun Microsystems.

Jean-Paul Mergeai is appointed to President International Sales with expanded responsibilities covering EMEA and Asia-Pacific. A seasoned leader, Jean-Paul has built an excellent track record in the Middle East and Africa and has accelerated growth in the Asia-Pacific region. He joined Temenos in 2010 and has held a number of senior leadership roles across sales and business operations functions in several regions. Jaqueline White continues as President of Americas with responsibility for sales across North and South America.

Phil Barnett, President of Strategic Growth, will now take on the additional responsibility for driving the growth of Temenos' top Global Strategic Accounts, while retaining global technology partner relationships to generate new revenue streams and market opportunities. Phil will lead a dedicated sales team covering Temenos' top global strategic accounts amongst Tier 1 and Tier 2 banks. Phil has over 30 years of experience in growing technology sales organizations and has been integral in Temenos' expansion. His new responsibilities reflect urgent demand for digital transformation from larger and complex financial institutions.

These changes to the Executive Committee are effective immediately, with all members reporting to Temenos CEO Max Chuard.

In addition, Jayde Tipper is promoted to Chief People Officer, responsible for the people agenda at Temenos, including talent acquisition and development, performance management, and diversity and inclusion in the workplace. Jayde has been with Temenos since 2015, and she was formerly Head of Talent Acquisition globally.

Kalliopi Chioti is promoted to the new role of Chief Environmental, Social & Governance (ESG) Officer with a mandate to accelerate the company's sustainability leadership, which has been recognized in recent years by top Indices such as the Dow Jones Sustainability Index. She will drive the diversity, governance, environmental and social aspects of the increasingly important ESG agenda, with an emphasis on promoting sustainable banking and financial wellbeing across Temenos' client base.

Max Chuard, Chief Executive Officer of Temenos,said:

'We have added excellent strength and depth of management by promoting internal talent and bringing new leaders to further Temenos position for its next phase of growth.

I am delighted to welcome Martin as our CMO. He is an exceptional leader with a highly successful track record in transformation and innovation. His passion for driving purpose-led brands and building a customer-centered marketing organization aligns with Temenos' customer-first approach and our mission to make banking better, together with our customers and partners around the globe.

I am pleased to promote Jean-Paul to President of International Sales and expand Phil's responsibilities. They are both proven leaders, committed to Temenos with extensive experience in sales, and will help drive our business in cloud banking and SaaS across all bank tiers.

I'm also excited to promote Jayde as our Chief People Officer and Kalliopi as Chief ESG Officer. We strongly believe that our long-term success is founded on our people and our sustainable business model that places responsibility at the core of our corporate strategy and Temenos culture.'

Investor & Media Contacts

Adam Snyder

Temenos Head of Investor Relations

+41 (0) 22 708 1515

Haya Herbert-Burns

Teneo for Temenos

+44 203 757 9257


Temenos AG published this content on 21 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 July 2021 16:07:08 UTC.

ę Publicnow 2021
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Sales 2021 988 M - -
Net income 2021 213 M - -
Net Debt 2021 845 M - -
P/E ratio 2021 46,0x
Yield 2021 0,76%
Capitalization 9 692 M 10 448 M -
EV / Sales 2021 10,7x
EV / Sales 2022 9,44x
Nbr of Employees 7 259
Free-Float 86,3%
Duration : Period :
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Income Statement Evolution
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Last Close Price 133,05 $
Average target price 154,12 $
Spread / Average Target 15,8%
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Max Chuard Chief Executive Officer
Panagiotis Spiliopoulos Chief Financial Officer
Andreas Andreades Executive Chairman
Mark Winterburn Chief Product and Technology Officer
Alexa Guenoun Chief Operating Officer
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