2012 was quite a year for Misys general counsel Tom Kilroy (scroll down for video interview), who in February took the unprecedented step of becoming acting CEO of the then FTSE 250 listed software company.
Thrust into the spotlight, Kilroy navigated Misys through its CEO transition and high-profile merger talks, which saw the company acquired by Vista Equity Partners for £1.27bn in March last year.
Kilroy admits it was a challenging time. “The whole thing was very public in every sense and these kinds of roles are incredibly stressful. You don’t have the luxury of not having an opinion,” he says. “With so many things going on, it was a real challenge trying to stay focused on what was important. I’m very glad to have navigated it well.”
As CEO, the people aspect of the job was still very important to Kilroy. “One of the most important things for me this year was maintaining communication with our staff throughout the whole process. We have around 4,200 employees and I held meetings all around the world to communicate with them, lead them through the process and keep everything very transparent and open.”
Kilroy’s ease with communication is clear from a read of his ‘GC’s Eye View’ blog and his facility with social media – he is a Twitter favourite.
On 1 June 2012 he stepped down as CEO and returned to his general counsel role as the company delisted and re-registered as a private company.
His next challenge? Steering his 30-strong legal team as it refocuses away from the classic corporate model towards emerging markets.
We could not think of anyone better at Misys’ helm.