Seasoned executive brings a proven track record of leading successful software companies through explosive growth
Montreal, QC, Canada – October 15th, 2020 – Intelerad Medical Systems™, a leader in enterprise medical imaging solutions, today announced that Paul Lepage is stepping down, and that Mike Lipps will succeed him as the new Chief Executive Officer.
“Paul’s experience and industry knowledge contributed to the company’s impressive growth and has prepared Intelerad for its next chapter. We are grateful for his leadership and contribution.” said Mark Friedman, Executive Chairman of Intelerad. “As we look ahead, we are excited to work with Mike again on the next phase of Intelerad’s growth and are confident that under his leadership, we will continue to deliver the value that customers have come to expect.’’
With over 20 years of software industry experience at companies such as Intuit and LexisNexis, Lipps has a proven track record of driving transformative growth. Previously, as CEO of global enterprise software provider insightsoftware, Lipps led the company through 14 acquisitions and over 400% growth in two years. Lipps, based in Raleigh, NC, will lead the opening of a new US office for Intelerad, focused on expanding market penetration and coverage in the region.
“Intelerad is an incredibly successful company with a meaningful mission to improve patient healthcare,” said Lipps. “As a sector leader, we are in a great position to continue our strong momentum of delivering value for healthcare organizations around the world. I’m thrilled to join such a talented team.”
Lipps is joined at Intelerad by Mark Haney, who takes on the role of Chief Operating Officer. Mark also brings more than 20 years of software industry experience in various executive roles at Alkami and Examsoft where he was CTO and led key areas of customer delivery. These additions follow the hiring of Mikael Anden, previously President at Sectra, earlier this year and reinforce Intelerad’s commitment to expand its medical imaging platform. Christian Bazinet, previously COO, moves into the role of Chief Commercial Officer, with continued focus on leading market and customer growth.
Earlier this year Intelerad announced a significant investment from Hg, a leading global software investor.
“Mike and Mark are strong additions to a very experienced executive team,” said Jean-Baptiste Brian and Gero Wittemann, Intelerad board members and Partners at Hg. “Their track record in leading successful software companies positions us well to accelerate our investment in growth and value delivery for customers. We are very excited about this next chapter for Intelerad.”
Founded in 1999, Intelerad is a medical imaging software provider that specializes in diagnostic viewing, reporting and collaboration solutions. Headquartered in Montreal, Intelerad has 400 employees located in various offices in Calgary (CA), Seattle (US), Hertfordshire (UK) and Melbourne (AU). The company serves over 300 healthcare organizations around the world, such as hospitals, radiology groups, imaging centers, clinics and reading groups.
Intelerad’s continued success was recently acknowledged by a Best in KLAS recognition, ranking #1 for PACS Asia/Oceania in the 2020 Best in KLAS: Global Software report.
Hg is a leading European investor in software and services, focused on backing businesses that change how we all do business. Deep technology expertise, complemented by vertical application specialisation, and dedicated operational support, provides a compelling proposition to management teams looking to scale their businesses.
Hg has funds under management of over $30 billion, with an investment team of over 120 professionals, plus a portfolio team of more than 30 operators, providing practical support to help our businesses to realise their growth ambitions. Based in London, Munich and New York, Hg has a portfolio of over 30 software and technology businesses, comprising over 35,000 employees across the UK, US and Europe. For further details, please visit the Hg website: hgcapital.com.