Proactis appoints Stephen Line as CEO, as it continues journey to become the leader in mid-market spend management solutions
Proactis, the leading Source-to-Pay software solution provider, has announced that Stephen Line has been appointed as CEO of the Group.
Stephen joined Proactis earlier in 2022 as Chief Operating Officer, following successful periods in senior leadership roles at Harness, Cloudera, IBM, and Sun Systems. Stephen will succeed Tim Sykes in the CEO role, as part of an agreed transition in consultation with the Proactis Board.
The Proactis Board would like to thank Tim for his dedication and leadership over his long tenure with the Company. Tim led the Company successfully through a commercially and financially challenging period prior to its change in ownership last year, and thereafter has played a significant role in building strong foundations for further growth.
“As we look forward, we are excited to announce that Stephen Line has been appointed Proactis CEO,” stated the Proactis Board. “Since joining the business, Stephen has made a very positive impact in a range of areas, and has the full support of Tim and the board in taking Proactis forward through its next growth phase.”
“It’s been a fulfilling time leading Proactis and it is a superb team. Stephen will maintain our deep focus on delivery, he’s quickly grasped the Proactis business, and I feel confident that he and his leadership team will continue the path of growth and customer value.” said Tim Sykes.
Stephen Line added: “This is a great time to be with Proactis, be that as an employee, customer or partner. I’m passionate about realising our goal of becoming the standout leader in mid-market spend management solutions. Proactis has fantastic people, a proven international Source-to-Pay platform, and a real hunger to be the obvious market leader. I’m honored to take this role.
“Our focus will be on delivering the best value and experience to our customers. Mid-market organizations have a unique set of S2P challenges and deserve a vendor who dedicates themselves to solving them.” continued Stephen. “Proactis is that vendor.”