Majesco Announces New Addition to Leadership Team with Appointment of Chief Financial Officer
Press Release
Seasoned financial expert Joe Aho joins established Majesco Leadership Team
Morristown, NJ – October 20th, 2020 – Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced the appointment of Joe Aho as Chief Financial Officer (CFO) effective October 26th, 2020.
Mr. Aho joins Majesco with over twenty years of experience at Compuware, where he most recently served as Chief Financial Officer. He is a seasoned finance expert who brings extensive experience and a proven track record in driving growth for enterprise software companies. Mr. Aho holds an MBA from Wayne State University and a BA in Economics from The University of Michigan Dearborn.
As CFO, Joe will report directly to CEO Adam Elster, and will lead Majesco’s global finance and operations organizations. He will help solidify the company’s ability to capitalize on the growing demand for software solutions that deliver digital transformation at speed and scale.
“I couldn’t be more thrilled to welcome Joe to Majesco where he will undoubtedly make an immediate impact as we begin our new journey as a Thoma Bravo company”, says Adam Elster, CEO of Majesco. “I’m particularly excited about Joe’s experience working with Thoma Bravo and his proven track record in the software space. With Joe’s appointment, we have a strong management team in place to continue the execution of our strategy to help insurers take on the future of insurance.”
During his time at Compuware, Joe held several positions in the Sales Operations and Finance areas. Prior to being named CFO of Compuware, he was a VP of Finance in charge of strategic planning and analysis. In 2014, Joe played an integral role in the sale of Compuware to Thoma Bravo.
“I can’t imagine a more exciting time to join Majesco”, says Joe Aho. “With the recent acquisition by Thoma Bravo and continued investment in today’s cutting-edge cloud platform solutions, Majesco is primed to lead the transformation of the insurance industry. Led by great owners, leading products, and a seasoned management team, it is up to us to exceed the needs of our customers. I look forward to this challenge and opportunity.”
About Majesco
Majesco provides technology, expertise, and leadership that helps insurers modernize, innovate and connect to build the future of their business – and the future of insurance – at speed and scale. Our platforms connect people and businesses to insurance in ways that are innovative, hyper-relevant, compelling, and personal. Over 190 insurance companies worldwide in P&C, L&A, and Group Benefits are transforming their businesses by modernizing, optimizing, or creating new business models with Majesco. Our market-leading solutions include CloudInsurer® P&C Core Suite (Policy, Billing, Claims); CloudInsurer® L&A and Group Core Suite (Policy, Billing, Claims); L&A Insurance Data & Analytics Platform, Digital1st® Insurance with Digital1st® Engagement, Digital1st® EcoExchange, and Digital1st® Platform – a cloud-native, microservices and open API platform; Distribution Management, P&C Insurance Data & Analytics Platform, including an Enterprise Data Warehouse. For more details on Majesco, please visit www.majesco.com.