MetricStream appoints Mikael Hagstroem as new CEO
Appointment comes after Shellye Archambeau stepped down as CEO, effective January 2018
MetricStream, a global provider of governance, risk, and compliance (GRC) apps and solutions, has said Mikael Hagstroem has succeeded Shellye Archambeau as president and chief executive officer effective January 2018.
Archambeau will join and continue to actively serve the company on MetricStream's board of directors.
Previously, Hagstroem served as partner and COO of McKinsey Analytics, where he helped clients harness high-performance analytics to reshape their business models, modernise their organisations, and unlock competitive advantage and growth.
MetricStream executive chairman, Gunjan Sinha, said: "We are delighted to welcome Mikael as the new President and CEO of MetricStream. Mikael's background and experience leading global teams and building a successful global software solutions and analytics business will enable MetricStream to continue to lead with GRC."
Sinha added that Shellye's legacy of strong leadership will continue as she joins MetricStream's board of directors where she will contribute valuable guidance and insight."
Prior to McKinsey, Hagstroem was EVP at SAS Institute, where he led more than 5,000 employees across 48 countries, and over 25 years grew a multibillion-dollar software business, contributing to SAS' leadership in business analytics and risk intelligence.