Mark Moffat has been promoted to CEO of IFS. The former chief customer officer takes over from Darren Roos who has been appointed as the company’s chair of the board. Both appointments are effective immediately.
Moffat, Roos and the IFS Executive Team have been working on the transition over the past six months as part of the board’s succession planning process. Moffat held several senior positions at PwC before joining IFS, and has struck ERP Today as a confident and popular leader over the last few years whilst tracking the company.
The new CEO has already made the press rounds, featuring in a Sky News television interview yesterday and presenting a keen focus on AI and a welcoming arm for customers both big and small. Where Roos arguably brought IFS into the cloud age for the “moment of service”, Moffat seems poised to build on the cloud for its next-stage eventuality of enterprise AI. Another sign then, if needed, that ERP and AI are coming together, with IFS’s customer base of asset-heavy industries not immune from the technology theme.
Commenting on his appointment, Moffat said: “It is a great honor for me to lead IFS as we embark on this next chapter of growth. The business has immensely strong foundations to build upon and we have been putting all the right ingredients in place to continue to deliver on our strategy: a differentiated proposition, a hugely advanced and capable AI-based product, an engaged customer base, a motivated partner ecosystem, and of course our talented employee base.”
Moffat continued: “I want to recognize and thank Darren for the impact he has had as my predecessor. I look forward to working with him in his new capacity as IFS’s chair of the board.”
Departing CEO – and previous ERP Today cover star – Darren Roos commented: “I am thrilled to appoint Mark as my successor. He has a proven track record, brings a strong network, and is a great leader that people want to follow. I am proud of all that has been achieved since I joined IFS and want to thank the thousands of women and men throughout the business who have lived our shared values and made our customers successful.
“I am pleased to be continuing my journey with IFS, albeit in a different capacity. There is so much opportunity in the market and, together with the board, I will work with Mark and his team to ensure we effectively capture it.”
Roos concluded: “I take over as chair of the board from Jonas Persson, who I want to thank for his great governance and counsel over the years.”