Matthew Bagley appointed the new Chief Financial Officer at Unit4

Matthew Bagley, Chief Financial Officer of Unit4

Unit4, a leader in enterprise cloud software for people-centric organisations, announced that Matthew Bagley has been named Chief Financial Officer (CFO).

As CFO, Bagley will lead Unit4’s finance organisation and will be responsible for accounting, treasury, financial planning and analysis, legal, and business and sales operations.

He will succeed Gordon Stuart, who will officially step down from the CFO position having completed the refinancing and transition of Unit4 to its new owners.

Bagely joins Unit4 with great experience

Matthew Bagely joins Unit4 from RIMES Technologies, a financial managed data services & RegTech specialist providing services to the investment management community.

Bagely served as Chief Financial Officer at RIMES Technologies since 2020. Previously, Bagley was CFO at eFront, a leading technology solution for alternative investment management.

During his tenure, EBITDA more than tripled and the business was acquired by BlackRock resulting in a 6 times return to private equity investors in 2019.

He has held senior finance and consulting roles at numerous companies including Omnifone, Reevoo, ViewSonic, Alvarez & Marsal, and PWC.

He holds a Bachelor of Arts in Financial Accounting and Management Control from Sheffield Hallam University, and a member of the Association of Certified Chartered Accountants.

Unit4 appoints Russell Alexander as General Counsel

Unit4 also appointed Russell Alexander as General Counsel reporting to CFO Matthew Bagley.

Alexander will lead the company’s worldwide legal organisation, responsible for corporate governance, product compliance, data protection, privacy, and intellectual property.

He was General Counsel at Keyloop, a software and services company, and its predecessor organisations as the international division of CDK Global and ADP Dealer Services.

Before that, Alexander was General Counsel and Corporate Services Director at logistics company DHL UK & Ireland. As a seasoned legal expert, Alexander spent more than 10 years working in the corporate teams at international law firms in France and the UK.

Alexander holds a Bachelor of Business Studies degree from Trinity College Dublin, as well as a Postgraduate Diploma in Legal Practice from the University of the West of England.

Unit4 executive on the new appointments

Both Matthew Bagley and Russell Alexander will be based in the United Kingdom.

“I’m thrilled to welcome Matt to Unit4 at such a pivotal time in the company’s 40-year history. He brings extensive financial, operational, and strategic experience to the company and our global leadership team,” said Mike Ettling, Chief Executive Officer of Unit4.

“This, combined with his proven record of scaling high-growth companies will help Unit4 as it expands its global reach and scales to become a €10 billion company in the next few years.”

Gordon Stuart stepped down as CFO, having completed transition of Unit4 to new owners. I would like to thank him for exemplary financial and business leadership over the past 4 years.”

“During that time, he successfully led the divestment of our domestic assets and supported our transition to becoming a leading cloud company, positioning Unit4 for its strategic sale to TA Associates – one of the Top 10 PE Software Buyouts in 2021.”

“We wish him the best success in all his future endeavors,” added Mike Ettling, CEO of Unit4.

Matthew Bagley, Chief Financial Officer of Unit4 made these remarks on his appointment.

“It’s an exciting time to be joining Unit4 as it comes off a record year of performance including the release of ERPx and the strategic buyout by TA Associates with Partners Group.”

“The company’s reputation as a market leader in providing next-generation enterprise cloud solutions to people-focused mid-market services organisations will help it capitalise on market opportunities stemming from the growing need for digital transformation.”

“I’m also pleased to have Russell Alexander joining the company as our new General Counsel. His broad experience will help us to accelerate Unit4’s growth in our existing and new markets and continue to develop our industry-leading innovations,” said Bagley.