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Highlights

  • Andrew Russell appointed as new Group CEO and Managing Director of Iress, effective 17 November 2025.

  • Iress share price rose 5.91% to AUD 8.96 per share on 4 September 2025 following the announcement.

  • Russell brings over 25 years of financial services and technology leadership experience, including prior roles at Bravura Solutions and Class Limited.

Iress Limited (ASX:IRE), a global technology provider to the financial services industry, announced the appointment of Andrew Russell as its new Group CEO and Managing Director, effective 17 November 2025. The announcement coincided with a rise in Iress’ share price, which gained 5.91% to AUD 8.96 per share during the trading session on 4 September 2025.

Leadership Transition at Iress

Andrew Russell will succeed Marcus Price, who has led the company since 2022 and oversaw a period of transformation that included sharpening strategic focus, divesting non-core businesses, and restoring the balance sheet. Marcus Price stepped down from the company on 4 September 2025.

Until Russell assumes the role in November, Geoff Rogers, CEO - Global Trading & Market Data, will serve as Acting CEO. Upon commencement, Russell will also join the company’s Board of Directors and will be based in Sydney, Australia.

Board’s Perspective on Appointment

Roger Sharp, Chair of Iress, highlighted the significance of the leadership transition, noting the company’s pivot to a more product and client-focused strategy. He stated that Russell’s extensive experience and track record in financial technology made him well-suited to lead Iress into its next phase.

“The next phase of our strategy will be intensely product and client-focused, and we are very pleased to have appointed a leader as experienced as Andrew in this domain,” Sharp said.

Andrew Russell’s Experience

Andrew Russell brings more than 25 years of experience across Australian and international financial services and technology firms. Most recently, he served as Group CEO and Managing Director of Bravura Solutions Limited (ASX:BVS), where he led a turnaround to restore profitability. Prior to that, he was CEO and Managing Director of Class Limited, overseeing strategic acquisitions and guiding its acquisition by HUB24 Limited in 2022.

Earlier in his career, Russell held senior roles at Virgin Money Australia, Mortgage Choice Limited, and was the founding Executive General Manager of REA Group’s financial services division.

Russell’s Vision for Iress

Commenting on his appointment, Russell said:
“I’m excited to join Iress at such a pivotal time for the business and the broader wealth technology sector. Iress has achieved a market-leading position by developing trusted technology platforms and long-standing client relationships, and my focus will be to build on this position following the transformation program led by the Board and management team.”

He added that there were significant opportunities to innovate, grow, and deliver increased value to shareholders, clients, and employees in the years ahead.

About Iress

Iress provides software and services for trading and market data, financial advice, investment management, life and pensions, and data intelligence. Its operations span Asia-Pacific, North America, Africa, and the UK, serving a global client base in financial services.