Bentley Systems (BSY) has provided an announcement.
Bentley Systems is gearing up for a leadership change as current CEO Gregory S. Bentley prepares to transition to Executive Chair of the Board on July 1, 2024, making way for Nicholas H. Cumins, the current COO, to step up as the new CEO. Cumins, with a robust background in global business operations and previous high-level roles at renowned companies like SAP and OpenX, brings a wealth of experience to his upcoming role. Concurrently, Thomas F. Trimback has been appointed as the new Chief Accounting Officer. Additionally, Bentley Systems has announced an extension of its stock repurchase program, with plans to buy back up to $200 million in stock and convertible notes by mid-2026.
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