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Basware’s Chief Revenue Officer Paul Taylor to lead UK and Ireland and step down from the Basware Executive Team

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Basware Corporation, stock exchange release, March 23, 2021 at 9.00 a.m. EET

Chief Revenue Officer Paul Taylor has decided to step down from Basware’s Executive Team to take the role of Country Manager for United Kingdom and Ireland and lead one of Basware’s key markets.

"After approaching five years in the role of CRO, Paul Taylor has decided to step down from his current position. Given Paul’s enthusiasm, passion, and great contribution to Basware we are pleased that he is motivated to continue the journey within Basware taking the role of Country Manager for United Kingdom and Ireland. During his tenure as CRO, Paul has been a key contributor in leading the change with our Cloud transformation notably increasing Cloud revenues from circa 34% to circa 74%. I would like to take this opportunity to thank Paul for his contribution in the role of CRO and wishing him the best of luck with his new challenge,” comments Klaus Andersen, CEO of Basware Corporation.

Basware has started the recruiting process of a new Chief Revenue Officer. Basware’s CEO Klaus Andersen will act as an interim Chief Revenue Officer during the recruitment period. The changes are effective as of April 1, 2021.

For more information, please contact:

Klaus Andersen, CEO, Basware Corporation
Tel. +45 4 076 1846, klaus.andersen@basware.com

Distribution:
Nasdaq Helsinki
Main media
investors.basware.com/en

About Basware:
Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at http://investors.basware.com/en.