The Board of Directors of Axway Software approved the appointment of Patrick Donovan, previously Chief Financial Officer, as Group Chief Executive Officer replacing Jean-Marc Lazzari effective immediately. Patrick Donovan, 48 years old, has more than 10 years' experience within Axway. Mr. Donovan is an American citizen who spent several years in France, during which time, as CFO, he helped contribute to the success of Axway's spin-off in 2011.

He has since supervised the group's financial and legal functions. A member of the Executive Committee, he has in-depth knowledge of Axway's business model and, more broadly, of the software industry.