Software firm names new CEO

NAPLES — ASG Software Solutions named technology veteran Charles Sansbury president and CEO.

ASG, which recently emerged through bankruptcy reorganization, helps large companies such as American Express, Merrill Lynch and Toyota manage big volumes of data. The company reported $250 million in revenues last year and was ranked 65th in the Business Observer's Gulf Coast 500.

Sansbury most recently served as chief operating officer and chief financial officer of global software company The Attachmate Group, which he joined in 2006. From 2001 to 2006 he served as chief financial officer at Vignette Corp., a publicly traded provider of enterprise content management software. Prior to Vignette, he was a principal in the investment-banking group at Morgan Stanley, specializing in the software, professional services and semiconductor industries.

“After a thorough and deliberate search for a candidate who could build on ASG's strong foundation, the board is pleased to have found the best individual to assume management of this leading enterprise IT software solutions provider,” says Brad Colman, principal at GSO Capital Partners and ASG's chairman of the board. “Charles' technology background and proven record of driving organizational improvements and delivering long-term growth strategies makes him ideally suited to lead the next phase of the company's growth and success.”

You can read a recent story about ASG in the Business Observer by clicking here.