Hospitality and gaming software supplier Agilysys announced the appointment of Ramesh Srinivasan as the company’s new president and chief executive officer. Srinivasan, who most recently served as CEO of Ooyala, a provider of video publishing, analytics and monetization services, will also serve as a member of Agilysys’ board of directors.
Srinivasan was president and CEO of slot and system supplier Bally Technologies, where he started as executive vice president, systems in 2005 before being promoted to president and COO in 2011 and then to president and CEO in 2012. The company grew its annual revenue from approximately $500 million in 2005 to approximately $1.2 billion in 2014 and saw a stock price increase of about 700 percent during the same time period.
Srinivasan’s early agenda will include the implementation of the company’s accelerated investments in its products, sales and services. He will lead the development and execution of go-to-market strategies that better align Agilysys’ products and organizational capabilities with the company’s near-term opportunities to aggressively expand the business with large-scale and international customers.
