- After eight years in the position
- Praise and thanks for Hager
- John Strosahl taking over
- Hager spoke at length and said 140 words
(exechange) — Minneapolis, Minnesota, May 4, 2023 — Dean Hager, chief executive of Jamf, leaves his position. As announced by Jamf Holding Corp. in a news release and in a regulatory filing published on Thursday, May 4, 2023, Dean Hager leaves his post as chief executive officer at the software company, after eight years in the role, effective September 1, 2023.
Dean Hager’s duties as CEO will be taken over by John Strosahl, currently President and Chief Operating Officer at Jamf Holding Corp.
No reason given
In the announcement, Jamf did not explicitly explain the reason for the move.
Precise information regarding Dean Hager’s future plans was not immediately available.
“Retiring”
Jamf said: “Mr. Strosahl will succeed Jamf’s current Chief Executive Officer, Dean Hager, who is retiring from his position effective September 1, 2023.”
Share price decline since July 2020
The announcement follows a decline in Jamf Holding Corp.’s share price of 55% since July 2020.
In the position of CEO since 2015
Dean Hager became CEO of the Company in 2015.
Hager will remain a member of Jamf’s Board of Directors following his retirement as Chief Executive Officer, and will work closely with Strosahl to facilitate a seamless transition.
Dean Hager has served on the Company’s Board since November 2017.
Hager has been the Chief Executive Officer of Jamf since 2015.
Hager has also been a member of the board of directors of the Company since 2017.
Prior to his roles at Jamf, Hager was the Chief Executive Officer of Kroll Ontrack, a market leader in providing data recovery and e-discovery solutions from January 2012 until May 2014.
Prior to this, Hager worked at Lawson Software, a publicly-traded software company which was acquired by Infor, where he held various executive roles, and he also worked at IBM.
Hager holds a bachelor’s degree in computer science and mathematics from St. Cloud State University and a master’s degree in management from St. Mary’s University.
140 words by Dean Hager
In the news release announcing his departure as CEO of Jamf Holding Corp., Dean Hager received praise and thanks.
In announcing his departure, Dean Hager spoke at length and said 140 words.
“The perfect fit”
Dean Hager stated: “John’s performance as our President and Chief Operating Officer has been spectacular. In his nearly 8-year tenure at Jamf, he has led the team to budget overachievement more consistently than I’ve seen in my 34-year career. John’s incredible global experience, alongside his scientific approach to strategy and building a team, makes him the perfect fit to lead Jamf as the only company in the world to offer a complete management and security solution for the Apple-first enterprise… I could not be more proud of what the Jamf team has accomplished together for Jamf Nation. Having the privilege to work with Jamf’s selfless, hard-working and fun-loving 2,700-person team has been the highlight of my career. I look forward to seeing John continue improving the Jamf platform and business in order to help more and more customers succeed with consumer-simple, enterprise-secure technology.”
40% of CEOs are forced out or fired
When CEO departures are announced, exechange determines the Push-out Score on a scale of 0 to 10 to assess how likely it is that the chief executive was pushed out or felt pressure to leave the position, with 0 being most likely a voluntary move and 10 being most likely a forced exit. Anything over a 5 indicates that there are valid reasons to believe an executive may have been pushed out.
Of the 314 CEO departures in the Russell 3000 Index evaluated over the past 12 months (May 4, 2022, to May 3, 2023), the average Push-out Score was 6.2, according to exechange data. References to conduct issues, disagreements and irregularities lead to the highest Push-out Scores. When performance issues, pursuit of other opportunities or time with family were cited as departure reasons, the average Push-out Scores were also significantly elevated.
Around 40% of the CEO departure events from the past 12 months received Push-out Scores of 8 or higher.
In other words, in the past 12 months, two in five departing CEOs were forced out or fired.
Push-out Score for Dean Hager’s move determined
The Push-out Score regarding Dean Hager’s move is explained point by point in the exechange report.
exechange reached out to Jamf and offered the company the opportunity to comment on the score.
Read the full story in the exechange report 19.2023 ($).