Ghent, Belgium, August 27 2020: iText Group, a leading international PDF technology company, today announced that seasoned software industry leader Gary Fry has been appointed as the new CEO with immediate effect.
iText embarked on the search for a new CEO to enhance its value in the business technology market, building on its already highly acclaimed reputation as a leading open-source supplier of PDF libraries. Gary Fry's proven record of taking document technology companies to the next level by accelerating innovation and revenue growth were cited as deciding factors in his appointment.
Before joining iText, Gary held several key leadership positions at global software companies including more than a decade as CEO of Global Graphics where he led the company through a significant growth period, both organically and via strategic acquisitions. Prior to Global Graphics, he also held several successful leadership roles at Adobe, from Sales Director UK, to Managing Director Enterprise Europe, to Managing Director for the Benelux region.
“iText is a leading brand in its space, and I am truly honored to lead this extraordinary and talented team. Together, we will capture the next wave of growth for iText by remaining focused on serving our clients and creating significant value for our shareholders.”
Said Gary Fry. “I’m excited to be at the helm during this pivotal stage of iText’s growth. With our new strategy to expand our business value offering, we are on the verge of entering a new phase for the company, while the digital acceleration opportunities that the COVID-19 situation bring us, will help also us grow our leading position in the digital communications market.”
SungMin Park, chairman of the iText Board of Directors, said: “After a rigorous and extensive search process, we are pleased to have appointed someone of Gary’s calibre, experience and ability. With more than two decades of experience leading high-growth businesses at large technology vendors like Adobe and Global Graphics, Gary has the knowledge, business sense, and leadership skills that will ensure iText thrives.”
Gary succeeds Yeonsu Kim, who held the CEO position since 2018. Kim will continue to serve as a member of the iText board.
“On behalf of the Board of Directors, I want to sincerely thank Yeonsu for her focus on building the iText brand, expanding the company’s global footprint and leveraging our world-class culture and talent to drive results,” continued Sungmin Park. “We thank her for paving the way and creating a great business for Gary and the team to scale further.”
“It has been my absolute privilege to serve as CEO for the talented and enthusiastic iText team, setting out the foundation for the future through our diversification strategy. Together we have achieved sustained excellence for our customers while contributing strong growth for the business,” said Yeonsu Kim, former iText CEO. “I’m delighted to hand over the reins today to an executive of Gary’s experience to continue our efforts and help us achieve the next stage of exponential growth.”