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Temenos parts ways with CEO Brulard

Swiss banking software group Temenos has parted ways with chief executive Jean-Pierre Brulard with immediate effect, the company said on Thursday.

After what Chairman Thibault de Tersant called "a thorough review of the interactions between Jean-Pierre and his team", de Tersant said the board decided it was best to let Brulard go.

"We are not aggressively against Jean-Pierre, but we have determined that today there is a need for very clear leadership for Temenos," de Tersant said in a webcast on Thursday after the news.

Takis Spiliopoulos, the company's finance chief, will step in as interim CEO while the search for a permanent successor is underway, the company added.

Spiliopoulos confirmed the company's full year guidance and 2028 targets on the call, saying Temenos' operational and financial performance remains on track.

Source: Reuters
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