Manish Shah named Chief Executive Officer
Cover-All Technologies Inc. (NYSE MKT: COVR), a Delaware corporation (“Cover-All” or the “Company”), today announced that John Roblin, Chairman and Chief Executive Officer, will be resigning as CEO and transitioning to non-executive Chairman, effective July 1, 2013. The Company has also announced that Manish D. Shah, the Company’s President and a director of the Company, has been named Chief Executive Officer of Cover-All effective July 1, 2013.
Mr. Roblin has served as the Company’s Chief Executive Officer since December 1999, as a member of its Board since March 2000 and as the Chairman of the Board since February 2001. Mr. Shah joined the Company in 2000 and currently serves as our President, a position he has held since 2008, and, since 2004, as our Chief Technology Officer. Mr. Shah has been a member of the board of directors since 2008.
“On behalf of the entire Board, I wish to express our deep appreciation to John for his leadership, wisdom and success as Chief Executive Officer,” said director Russell Cleveland. “We are delighted that John will remain with the Company in his new role as non-executive chairman, where we will continue to benefit from his knowledge, judgment and guidance.”
“Manish is particularly well suited to becoming our next CEO,” said Cleveland. “In addition to serving as our President and a Director since 2008, in his role as Chief Technology Officer, he has been primarily responsible for creating our new technology solutions. He knows our products and our customers, and he has a deep understanding of our business and the competitive landscape in which the Company operates.”
“I am proud of the Company’s accomplishments during my past 13 plus years as CEO,” said John Roblin. “The company has been transformed from a niche provider of legacy commercial policy systems to an organization that has totally replaced its technology while expanding its offerings through acquisition, product development and innovative technology. These accomplishments are the result of an incredible team at Cover-All and I want to thank them all for their hard work, dedication and support during my tenure as CEO. And I am especially happy that Manish will be assuming the position of Chief Executive Officer. Being a significant part of the first wave of Cover-All’s growth and given his deep knowledge of our products, operations and the marketplace, Manish is an ideal choice to lead the Company to future successes.”
“Cover-All has outstanding people, products and customers and is in a great position to be the leader in the marketplace,” said Manish Shah. “Cover-All has greatly benefited from John through his leadership and vision during his years as CEO of Cover-All. I am honored to succeed him as CEO.”