Iress names new CEO

Iress has named Andrew Russell as its new group CEO and MD effective Monday 17 November 2025.

He succeeds Marcus Price, who has been with the company since 2022.

Russell will also be appointed to the Iress board when he commences in November and will be based in Sydney, Australia.

Price will step down from the company as of today, with Iress’ CEO - global trading and market data, Geoff Rogers, to be appointed acting CEO until Russell begins his tenure.

Russell has over 25 years’ experience in both Australian and international financial services and software companies.

In his two most recent executive roles he led wealth technology providers Bravura Solutions Limited and Class Limited, the latter of which was acquired by HUB24 Limited in 2022.

Iress’ chair, Roger Sharp, said Price has delivered a pivotal turnaround project for Iress, sharpening the company's focus, divesting non-core businesses and restoring the balance sheet.

"On behalf of the Board, we thank him for his service and wish him the best for the future," he said.

“The next phase of our strategy will be intensely product and client-focused, and we are very pleased to have appointed a leader as experienced as Andrew in this domain.

"Andrew is an experienced CEO with a proven track record in delivering shareholder value and building trusted relationships with clients, investors and employees.”

Russell said he is excited to join Iress at such a pivotal time for the business and the broader wealth technology sector.

"Iress has achieved a market-leading position by developing trusted technology platforms and long-standing client relationships, and my focus will be to capitalise on the strong position Iress finds itself in following the strategic transformation program the Board and management team have led over the past two years," he said.

“I see enormous opportunities to innovate, grow and deliver greater value in the years ahead. I look forward to joining the Iress team and meeting the company’s shareholders, people and clients.”

Iress is a technology company providing company software and services for trading and market data, financial advice, investment management, life and pensions and data intelligence in the Asia-Pacific, North America, Africa and the UK.

Earlier this year, specialist data and technology services provider Novigi acquired Iress’ superannuation consulting and managed services business from Apex Group.