Sage Starts Search for Chairman to Replace Hobson, Sky News Says

Sage Group Plc (SGE), the U.K. software publishing company, is looking for a replacement for Chairman Tony Hobson who will step down in the next 12 months, Sky News reported.

The company hired the Egon Zehnder agency to look for non- executive board members who might replace Hobson, Sky News wrote in a blog posting without saying where it got the information. Hobson joined the board in 2004 and won’t qualify as an independent chairman after completing nine years, Sky said.

A spokesman for Sage couldn’t immediately be reached outside of normal business hours. The company declined to comment to Sky News.

To contact the reporter on this story: Amy Thomson in London at athomson6@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net

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