Mark Hynes, formerly chief strategy and development officer at Altisource Portfolio Solutions (NASDAQ: ASPS), has joined cloud software platforms provider Granicus as CEO.
His appointment comes after Granicus merged with cloud-based communications software provider GovDelivery, Granicus said Monday.
Hynes succeeded former Granicus CEO Jason Fletcher, who was appointed chief operating officer of the combined entity that retained the Granicus name.
Scott Burns, former CEO of GovDelivery, will serve as a senior adviser to the new company.
Hynes also held the role of president of technology products during his seven years at Altisource and helped commercialize real estate software and data analytics platforms as head of one of the firm™s business segments.
Prior to Altisource, he served as president of Digi-Net Technologies and co-founded Xevo, where he served as COO.
He started his career at Bain & Co. in 1996 as a consultant.
Vista Equity Partners acquired GovDelivery from Actua (Nasdaq: ACTA) for $153 million and backed the merger to form the combined entity that works to provide cloud platforms to government agencies in North America and the U.K.
Granicus offers three product lines such as GovDelivery Communication Cloud, Digital Services Suite and Meeting and Agenda Suite to at least 3,000 agency clients.
K1 Investment Management, former majority shareholder in Granicus, will continue to serve as a minority shareholder in the combined business.
