John Ruthven rewarded with CEO and MD role for Nuix

Intelligence software provider Nuix has appointed John Ruthven as CEO and MD.

Ruthven has been serving as interim CEO since the start of November last year, when then-CEO Jonathan Rubinsztein stepped down.

Since that date, the board of Nuix said that they worked closely with Ruthven while undertaking a global search to identify potential candidates for the permanent CEO role.

Having now completed that search process, the board has determined that Ruthven’s "performance, skill set, application and knowledge of the company" make him the preferred candidate to lead Nuix.

Ruthven’s prior role was CEO and MD of fellow ASX-listed company Integrated Research Limited. Before that, his career entailed senior leadership roles across the Australian and global software and IT services industries including with Technology One and more.

“The Board has been impressed with the strategic, diligent and considered way John has embraced the role of Interim CEO and how he has resonated with our people and customers," chair of Nuix Robert Mactier said.

"The Board is unanimous in selecting John as our Chief Executive Officer and Managing Director, and we look forward to supporting him in driving the next phase of growth at Nuix.”

“The past six months have only strengthened my conviction in Nuix — in our purpose as a force for good in the digital world, in the depth and differentiation of our technology, and in the calibre of our people," said Ruthven.

"These are the foundations of a growth story, and I'm looking forward to driving it forward with the Board, our team, our customers and our shareholders.” 

Last month, the Federal Court dismissed ASIC’s case against Nuix, finding the company did not breach its continuous disclosure obligations and did not mislead investors when reaffirming its financial forecasts in early 2021, following its initial public offering (IPO) in December 2020.

The Court also dismissed ASIC’s claims against the Nuix board for alleged breaches of their directors’ duties by failing to take reasonable steps to prevent Nuix from making misleading statements and breaching its continuous disclosure obligations.

In March, Nuix announced plans to acquire Linkurious, a graph-powered AI decision platform.