"I'm thrilled to welcome Matt to Unit4 at such a pivotal time in the company's 40-year history," said Unit4 CEO Mike Ettling.

"He brings extensive financial, operational, and strategic experience to the company and our global leadership team. This, combined with his proven record of scaling high-growth companies will help Unit4 as it expands its global reach, broadens its product portfolio and scales to become a €10 billion company in the next few years."

Bagely joins Unit4 from Rimes Technologies, where he served as CFO since 2020.

He was previously CFO at eFront, and has held senior finance and consulting roles at companies including Omnifone, Reevoo, ViewSonic, Alvarez & Marsal, and PwC.

Bagley holds a bachelor's degree in financial accounting and management control from Sheffield Hallam University (UK), and is a member of the Association of Certified Chartered Accountants.

"It's an exciting time to be joining Unit4 as it comes off a record year of performance including the release of ERPx and the strategic buyout by TA Associates with Partners Group," said Bagley.

"The company's reputation as a market leader in providing next-generation enterprise cloud solutions to people-focused mid-market services organisations will help it capitalise on market opportunities stemming from the growing need for digital transformation."

Ettling added "Gordon Stuart has officially stepped down as CFO after having completed the transition of Unit4 to its new owners. I would like to thank Gordon for his exemplary financial and business leadership over the past four years. During that time, he successfully led the divestment of our domestic assets and supported our transition to becoming a leading cloud company, positioning Unit4 for its strategic sale to TA Associates – one of the top 10 PE software buyouts in 2021. We wish him the best success in all his future endeavours."

In related news, Unit4 has appointed Russell Alexander to the role of general counsel.

He was previously general counsel at software and services company Keyloop, and has also served as general counsel and corporate services director at DHL's UK and Ireland operation after spending more than a decade with international law firms in France and the UK.

Alexander holds a Bachelor of Business Studies from Trinity College Dublin, and a Postgraduate Diploma in Legal Practice from the University of the West of England.

"I'm also pleased to have Russell Alexander joining the company as our new general counsel. His broad experience will help us to accelerate Unit4's growth in our existing and new markets and continue to develop our industry-leading innovations," said Bagley.