You’ve probably already seen the report that ReadSoft’s Jan Andersson is giving up his position as CEO of the company he co-founded 20 years ago. Instead, Andersson is taking a seat on the board of the $96 million document capture and business process automation specialist. The official word from Bob Fresneda, the managing director of ReadSoft’s North American operations, is that Andersson wants to be able to lead from a board position, rather than having to focus a considerable amount of time on ReadSoft’s day-to-day operations.
“Taking a company from a start-up to a $100 million company is a different job than trying to double that $100 million business,” said Fresneda. “It takes some of the same vision, ability, and desire, but you can’t do that while worrying about the day-to-day operations of the company.”