Progress Software appoints Yogesh Gupta as CEO
Progress announced the appointment of Yogesh Gupta as its new chief executive officer. Phil Pead, Progress' current CEO, is retiring but will continue to serve on the Progress board of directors. Pead has been CEO since December 2012. Prior to joining Progress, Gupta was president and chief executive officer of Kaseya, an IT management cloud software company, from 2013 until 2015. "The board, as part of its annual succession planning, considered both internal and external candidates," the company noted. In connection with his appointment as CEO, the board also elected Gupta as a member of the board of directors. Gupta is not related to Ram Gupta, also a member of the Progress board of directors.