MYOB has named Greg Ellis as its new CEO. He will succeed Tim Reed, following the software company’s acquisition by investment firm KKR in May.

Reed, who has been with Australia-based MYOB since January 2003, has been CEO for 12 years. Ellis will step into the job on 16 Sept. 2019. He was previously CEO of Scout 24 AG, a German company that operatesreal estate portal ImmobilienScout24 and auto site AutoScout24. Ellis joined Scout24 in March 2014 and left a year ago. Prior to that, he was CEO of the REA Group, an Australian online real estate company from 2008 to 2014. When Reed joined MYOB, it was a public company, but was taken private in 2011  but Bain took it public again in 2015. It is now again private. KKR also acquired the Netherlands-based Exact this year and Epicor Software in September 2016.

Last modified on Thursday, 08 August 2019
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