Deltek has appointed Dean Tilsley as its Chief Financial Officer. The appointment follows the long service and retirement of Michael Krone, a source revealed. Tilsley will report to Mike Corkery, President and CEO. He will oversee the financial management of Deltek and lead the company’s financial and operational strategy, which includes driving operational efficiency, capital investment, M&A and supporting the company’s continued growth and success.
Tilsley, a New Zealander, has held several CFO and leadership positions that started in media before shifting to the SaaS industry. Deltek lured him from Renaissance Learning, the leading global SaaS and learning analytics company providing cloud-based assessment, reading and math solutions for pre-K-12 schools and districts.
Before Renaissance, he was Chief Financial Officer, Software and Media Group at Cox Automotive. There, he led the merger of the $4.5bn Dealertrack acquisition, driving operational and financial synergies targeted to deliver a high-growth, high-margin business. Experience that he may find useful if Deltek continues acquiring businesses.
Tilsley spent 3 years as CFO at the Reuters media business. After that, he spent seven years as SVP and Global Head of Corporate Operations at NASDAQ. That role gave him a far wider breadth of experience than many CFOs have.
Mike Corkery, President and CEO of Deltek, commented, “I am thrilled to announce that Dean Tilsley has joined the Deltek Executive team to lead our global finance organization. Dean is a very collaborative and results-focused leader. I am confident he will contribute to our culture and results by driving continuous improvements to help us meet our future strategic, financial and operational goals. His proven success delivering new business initiatives and leading the integration of large global acquisitions make him a great asset to our team.”
Enterprise Times: What does this mean?
Corkery has found a new CFO with a breadth of experience that will bring several strengths to the leadership team that Krone’s departure might have weakened. Where Krone had deep experience and knowledge of the Deltek business, Tilsley brings something different.
Dean Tilsley, SVP and CFO, of Deltek, commented, “I’m very excited to join Deltek to continue building on the incredible work they’ve done over the years. I’m looking forward to working with the incredibly talented Deltek team to drive our business operations and strategy forward and support growth, while continuing to deliver best-in-class service to our customers around the world.”
