ABBYY appoints Robert Youngjohns as Chairman of the Board

Based in Silicon Valley, Robert was previously the Executive Vice President and General Manager of HP Software at Hewlett Packard Enterprise. At HPE he was instrumental in the $9 billion merger of HPE's Software Business Segment with Micro Focus, and he served as a member of HPE's Executive Council. Prior to HPE, Robert was President of Microsoft North America.

Additionally, he has held senior leadership roles at Callidus Cloud, Sun Microsystems and IBM. Currently, Robert sits on the board of a select number of growth companies in the technology sector. Robert holds a Master's in physics and philosophy from Oxford University.

“We are delighted to welcome Robert to the ABBYY board and have him work alongside us to continue our strong growth and expand our position as a leading Digital Intelligence vendor,” commented Ulf Persson, CEO of ABBYY. “Robert’s vision and extensive experience as a transformational force in the enterprise software industry will serve us well, particularly as we deepen our investments in new products and markets to accelerate our success as a critical player in the digital transformation revolution.”

ABBYY has earned double-digit revenue growth for three consecutive years and is recognised by The Everest Group as a leader in Intelligent Document Processing. A third of Fortune 500 companies in finance, insurance, transportation, healthcare and other industries depend on ABBYY solutions. The company’s Digital Intelligence platform addresses global enterprises’ most pressing challenges, and empowers businesses to make significant impact with their digital transformation initiatives where it matters most: customer experience, competitive advantage, visibility, and compliance.

“ABBYY offers a unique value proposition with its Digital Intelligence platform that complements enterprises’ existing automation platforms to enable digital transformation initiatives to be deployed easier, faster and smarter,” said Robert Youngjohns. “I look forward to working with Ulf and the management team and I am confident that together we will be able to raise the bar further.”

Robert replaces David Yang, founder of ABBYY, venture investor and serial entrepreneur, who elected to step down from the Chairman role to allow him to spend more time on new ventures. David will continue to serve a member of the ABBYY Board of Directors.