Following the completion of the acquisition by Symphony Technology Group (STG) of the new eProductivity Software (EPS) business spun out of EFI, former EFI COO and CFO Marc Olin has joined EPS as executive chairman.
Mr Olin held various positions with EFI since its acquisition in 2003 of the Print Cafe business that he helped found in the mid-1990s, and which became the former’s Productivity Software division. These included spells as chief operating officer and most recently, chief financial officer. He left EFI in 2020 to pursue other ventures, including founding a charity aimed at addressing food insecurity and also consulted for STG, which led to his re-engagement with his former colleagues at EFI.
‘When I heard about STG’s investment plans for the Productivity Software business, I became increasingly interested in joining what I know will be a successful future. With the increased focus on driving global organic and inorganic growth and with Gaby [Matsliach, CEO of EPS] and the productivity software management team committed to lead the business forward, I knew that this would be a great opportunity to help them realise their vision,’ said Mr Olin. ‘I am impressed with the progress the business has made in recent years and I am excited to be coming back to where I spent most of my career – transformational software technology for the printing and packaging industries’.
William Chisholm, managing partner of STG, commented, ‘We have exciting plans for eProductivity Software to further expand its value proposition to its customers and further accelerate its growth trajectory, leveraging our experience as investors in enterprise software. We are excited to have Marc joining the Board as executive chairman, complementing the board with his vast industry experience and market insights.’
Mr Olin is expected to speak at the EFI Connect event in Las Vegas commencing on 18 January 2022, at which more details about the plans for both EPS and EFI’s future directions are to be revealed. Digital Printer will be attending and will report from there.
