Two Philadelphia-area software innovators bought by out-of-town private-equity firms last year are looking for new CEOs after their longtime bosses left.
Qlik, the Swedish-founded, Radnor-based business-data analytics company that competes with Tableau and Spotfire and Excel-based packages from Microsoft, is looking for a new skipper after Lars Björk announced plans to leave. After 17 years in charge, "I am proud of the innovative offerings and exponential growth we've achieved," Björk said in a statement. David Murphy, former president of Blue Coat software, is stepping in as interim CEO while the board searches for Bjork's replacement.
Murphy is a Qlik director and managing director at Thoma Bravo, the Chicago investment firm that bought Qlik for $3 billion last year after activist shareholders pushed Bjork to boost slowing sales growth or cut costs. Seth Boro, Murphy's colleague at Thoma Bravo, praised the departing Bjork for "building a world-class software business" and "developing one of the most unique corporate cultures in the technology space."
Meanwhile, at Revzilla in South Philly, 10 months after high-energy family-man CEO Anthony Bucci stepped down from the top job at the growing Navy Yard-based online motorcycle-gear seller, there has been no permanent replacement.