Corel has appointed Patrick Nichols its new CEO, the Ottawa-based software company announced Thursday.
Mr. Nichols replaces Tom Berquist, who will continue as non-executive chairman of the company’s board of directors. Mr. Berquist also becomes operating partner of Vector Capital, Corel’s major shareholder.
Mr. Nichols joined Corel five years ago as president of its WinZip compression software branch and was also general manager of Corel, Roxio, Pinnacle and ReviverSoft.
OBJ360 (Sponsored)
Minto’s Metro Towns at Anthem in Barrhaven & Parkside in Kanata offer attainable home ownership
Guided by the needs of homeowners, Minto has been building new homes and master-planned communities across Canada and the USA for 70 years. To ensure the best quality of life
Why your next investment should be Canadian art
Ahead of its highly anticipated Give to Get Art Auction on May 29th, the Ottawa Art Gallery (OAG) offers some expert advice on investing in art. Art can inspire, spark
“I’m confident that under Patrick and his management team’s leadership, Corel will continue to enjoy global success,” Mr. Berquist said in a statement.
“Over the past three years, the Corel management team has nearly tripled the company’s operating income,” Mr. Nichols said in a statement. “Building on these achievements, our team looks forward to working together with Tom and Corel’s board of directors to realize the opportunities we see for our brands in the future.”
