Fundtech president and chief operating officer Michael Sgroe and chief marketing officer George Ravich are set to leave the transaction banking vendor.
FT is owned by private equite. is this good or bad ? PE would generally be intreasted in profits, so what would be the strategy. hold the portfolio company, increase value and then sell ? wouldn't this create uncertanity and attrition consequently impacting
the bottom line ?
© Finextra Research 2013