TechnologyOne lifts FY26 guidance amid leadership restructure
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The news: TechnologyOne has announced a significant expansion to its executive leadership team, creating four new senior roles across its core industry divisions.
The context: The structural changes introduce two newly created roles — executive vice president of regulated industries and executive vice president of government.
The enterprise tech company said the realignment reflects its core strategy to advance AI adoption during its next phase of growth. The additional roles are designed to combine industry strategies, market sales and customer outcomes under a single accountable executive.
Chief financial officer Cale Bennett will transition from his current role to serve as the executive vice president of regulated industries, effective 1 August. Recruitment for the executive vice president of government is underway.
TechnologyOne has also lifted its full-year FY26 guidance to between 18% and 20% profit before tax growth and 16% to 18% growth in annual recurring revenue.
The source: ASX
