(Reuters) -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.
(Reporting by Rhea Rose Abraham in Bengaluru and Marleen Kaesebier in Gdansk; Editing by Alan Barona)
