- Push-out Score suggests push-out forces
- After almost 14 years in the position
- Accolades and praise for Marr
- Lynn Moore taking over
- Marr will remain as executive chairman at Tyler
- Marr spoke at length and said 98 words
(exechange) — Plano, Texas, May 10, 2018 — John Marr, chief executive of Tyler, leaves the position. It is an abrupt change. As announced by Tyler Technologies, Inc. in a news release and in a regulatory filing published on Thursday, May 10, 2018, John S. Marr leaves his post as chief executive officer at the public sector software company after almost 14 years in the position, effective immediately.
It is the end of an era.
Among the 3,000 largest publicly held companies incorporated in the U.S. based on market capitalization, the average tenure of the CEOs who departed over the past 12 months was 9.8 years, according to data compiled by exechange. Only 39 percent of the CEOs who departed over the past 12 months left the position after more than 10 years.
Marr’s duties will be taken over by H.Lynn Moore, most recently president of Tyler Technologies, Inc.
“Continuation of the transition for Tyler’s leadership team”
Marr’s sudden departure from the CEO post is explained as follows. Tyler said: “This is a continuation of the transition for Tyler’s leadership team and the shift of day-to-day operational oversight that began with Moore’s appointment as president last year.”
Marr will remain as executive chairman at Tyler
“John S. Marr Jr. assumes the role of executive chairman and will continue to serve as the chairman of Tyler’s board,” Tyler said.
Share price rise since June 2010
The change follows a rise in the share price of Tyler Technologies, Inc. since June 2010.
In the position of CEO since 2004
John S. Marr, Jr., has been Chairman of the Board and Chief Executive Officer of Tyler Technologies, Inc. since January 2017 and Chief Executive Officer since July 2004.
Marr has served as Chairman of the Board and Chief Executive Officer since January 2017.
Marr also serves as Chairman of the Executive Committee.
From July 2004 through December 2016, Marr served as President and Chief Executive Officer.
From July 2003 until July 2004, Marr served as Chief Operating Officer. Marr has served on the Company’s Board of Directors since May 2002.
Marr also served as President of MUNIS, Inc. (“MUNIS”) from 1994 until July 2004.
Marr began his career in 1983 with MUNIS, a provider of a wide range of software products and related services for county and city governments, schools, and not-for-profit organizations, with a focus on integrated financial systems.
The Company acquired MUNIS in 1999.
As executive chairman, Marr will continue to be actively involved in the company, engaging with Tyler’s leadership team, as well as investors and clients.
Push-out Score suggests push-out forces
It is not completely certain what forces eventually triggered John Marr’s sudden move.
The Push-out Score™ determined by exechange suggests that push-out forces may have contributed to the change.
Read the full story in the exechange report 20.2018 ($).