Sage Group Plc (SGE), the U.K. software publishing company, is looking for a replacement for Chairman Tony Hobson who will step down in the next 12 months, Sky News reported.
The company hired the Egon Zehnder agency to look for non- executive board members who might replace Hobson, Sky News wrote in a blog posting without saying where it got the information. Hobson joined the board in 2004 and won’t qualify as an independent chairman after completing nine years, Sky said.
A spokesman for Sage couldn’t immediately be reached outside of normal business hours. The company declined to comment to Sky News.
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