Sage Group plc’s AI Leadership Shake-Up Lands Days Before Results—Why Investors Are Watching
Sage Group appointed Krish Vitaldevara as chief product officer and Anand Swaminathan as chief strategy officer, both based in San Jose, ahead of interim results due May 21. Shares rose 0.5% to 859.2 pence. North America led first-quarter growth, with revenue up 13% to £304 million. The hires come as Sage expands AI offerings and faces competition from Xero and Intuit.