Macrobond appoints new CEO to lead growth vision
9am BST, London, August 20, 2024 – Macrobond, a leading provider of global macroeconomic data and technology, today announces the appointment of Stephanie Covert as the new CEO of Macrobond. Covert will spearhead the company’s continued growth, building on the company’s strong foundation serving researchers around the world.
Tomas Liljeborg, the company’s founder and previous CEO will transition to the role of Chair of the Board of Directors. This carefully planned succession ensures continuity of leadership while positioning Macrobond for its next phase of expansion.
“Covert brings exceptional experience in scaling SaaS businesses and has a proven track record of driving innovation," said Liljeborg. "Her strategic vision aligns perfectly with our goals for market expansion and product development. I'm thrilled to welcome Covert to the team and look forward to supporting the continued growth strategy in my new role as Chair."
Joining Macrobond from her last appointment as Executive Vice President FICO Software, Covert led the FICO software business through a platform transformation, driving 14 consecutive quarters of double-digit SaaS growth, while delivering significant margin improvements and positioning FICO as a leader in analytic decisioning software. Her expertise as a seasoned leader with strong go-to-market and operational excellence will be instrumental in accelerating Macrobond's growth trajectory.
"I'm honored to join Macrobond at this exciting juncture," said Covert. "The company has built an impressive platform and customer base. I look forward to working with the talented team here to scale our operations, enhance our product offerings, and deliver even greater value to our customers."
“Tomas and the team have grown the business continuously over the past 16 years by improving the value they deliver to their customers. We are delighted to support this seamless leadership transition and believe that under the stewardship of Stephanie Covert, Macrobond will continue to deliver unparalleled innovation to its rapidly growing customer base.” said Mario Razzini and Ashley Evans, Partners at Francisco Partners.
About Macrobond
Macrobond is a leading provider of global economic, aggregate financial and sector time-series data for professionals including economists, analysts, quants, strategists, portfolio managers and asset allocators. Founded in Malmo, Sweden in 2008, its flexible SaaS solution delivers timely macroeconomic data from more than 2,500 sources, supported by the most comprehensive metadata in the industry. Macrobond’s integrated analytical tools enable customers worldwide to quickly find, analyze and visualize relevant data. Automated workflows empower users to instantly share their insights, enhancing enterprise-wide collaboration and improving productivity. Visit www.macrobond.com
Sylvia Kwok
Global Head of Marketing
Macrobond