Big data specialist WANdisco has appointed Stephen Kelly as its interim CEO to sort out the mess caused by fraud allegations.
The Sheffield-based Microsoft partner’s shares were suspended due to allegations of potential fraud by a “senior sales employee”, and co-founder and chief executive David Richards and CFO Erik Miller have stepped down.
WANdisco says Kelly will serve as permanent CEO when the company’s share suspension is over.
Kelly has considerable experience working at start-ups to large organisations in private and public sectors in the USA and Europe.
He has worked at vendor Oracle and was CEO of Chordiant between 2001 and 2005 and MicroFocus between 2006 and 2010.