CFO Scott Landers to take over as CEO at Monotype in 2016
Prior to joining Monotype, Landers was vice president of global finance at Pitney Bowes Software, a $450 million division of Pitney Bowes Inc.
WOBURN, Mass.– December 22, 2015 — Monotype Imaging Holdings Inc., a leading provider of typefaces, technology and expertise for creative applications and consumer devices, today announced that the board of directors has appointed Scott Landers, currently chief operating officer, as president and chief executive officer, effective January 1, 2016. Landers will succeed current president and CEO, Doug Shaw, as part of a planned transition process announced on March 9, 2015.
In March, Shaw stated his intention to retire at the end of this year. He will remain a member of Monotype’s board of directors, and work for the company in a part-time advisory role through the first quarter of 2016. Since March, Landers has served as COO for Monotype, and previously served as chief financial officer until the appointment of Monotype’s new CFO, Joseph Hill.
“On behalf of the board, I want to congratulate Scott on his appointment. With his proven skills and experience in driving business strategy and creating scale, Scott is the ideal leader for Monotype as the company enters its next phase of growth,” said Bob Lentz, chairman of the Monotype board of directors. “I’d also like to thank Doug for his vision and leadership over the years. In particular, for growing a large, diversified company, while protecting the values and culture that have distinguished Monotype since its founding.”
Scott Landers, Monotype’s newly appointed president and chief executive officer, said, “I’m truly honored to have the opportunity to lead this great company. Through our typefaces, technology and expertise, Monotype is uniquely qualified to bring the world’s most innovative designs and ideas to life – helping our customers drive brand engagement, preserve brand integrity, inspire self-expression and create compelling user experiences. And over the last ten months, I’ve gained an even deeper appreciation for the talent, passion and dedication of the Monotype team.”
Landers joined the company in 2008 as CFO, bringing more than 15 years of experience in the software industry, principally in companies that scaled rapidly through a mixture of organic growth and mergers and acquisitions. Over the last eight years, Shaw and Landers have worked together to double the company’s revenues, triple the market capitalization, and acquire and integrate a number of strategic acquisitions.
“I’m extremely proud of what the Monotype team has accomplished since my founding of the company 30 years ago, and am confident that I’m leaving the business in exceptionally capable hands,” said Doug Shaw, current Monotype president and CEO. “I’ve worked closely with Scott during the last ten months, to ensure a seamless transition for him and the company. Now I’m looking forward to spending time with my family, and to giving back to the community through charitable and civic work.”
Prior to joining Monotype, Landers was vice president of global finance at Pitney Bowes Software, a $450 million division of Pitney Bowes Inc. Landers holds a bachelor’s degree from Le Moyne College and a master’s degree in business administration from The College of Saint Rose.