CA Technologies (CA) Appoints Permanent CFO

November 7, 2016 9:07 AM EST

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CA Technologies (Nasdaq: CA) announced that Kieran J. McGrath has been appointed executive vice president and chief financial officer, effectively immediately. McGrath, who most recently served as interim CFO, will report to Chief Executive Officer Mike Gregoire.

“I am delighted to announce Kieran McGrath as CFO of CA Technologies,” said Mr. Gregoire. “Kieran has become an integral part of our management team, demonstrating both the strategic vision and the business acumen to capitalize on our opportunities and help shape the future of CA Technologies. Kieran has led initiatives to improve processes, accelerate velocity, and drive scale at CA. His effectiveness comes from his combined experience in driving new, higher growth software businesses while maintaining vibrancy in more mature product platforms, along with his collaborative and results-oriented spirit.

“We compete in a dynamic and competitive industry. The changes made across the executive leadership team over the past 18 months reflect the evolution of our company. As an organization, we will continue to be agile and make adjustments across the enterprise so that we can best serve our customers, our employees, and our shareholders. Looking ahead, I am energized by our opportunities and by our heightened ability to achieve our potential in the years ahead.”

McGrath, 57, joined CA Technologies in 2014 as corporate controller and served in that role until being named interim-CFO in July 2016. Prior to that, McGrath spent more than 30 years at IBM, where he honed his financial, operational and transformational management experience, ultimately overseeing the finance team for the company’s $25 billion global software business. During that time, IBM software became a growth business for IBM as they shifted into higher-value market segments including cloud computing, security and business analytics software. McGrath received his bachelor of science in accounting from St. John’s University.



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