David Gurle, founder and CEO at Symphony Communication Services, is set to step back from his role as of 31 May 2021.
Gurle will continue to remain on the board of directors to support the company on strategic matters, while Brad Levy, current president and chief commercial officer of the company, will take on the role as CEO from 1 June 2021.
Meanwhile, Benjamin Chrnelich, the company’s chief financial officer, will assume the additional role of president, while Dietmar Fauser will become chief information officer.
Chrnelich joined Symphony in 2020 and plays a key role in leading financial strategy, acquisition activity, fundraising and investor relations.
Fauser, who started at Symphony in 2019, leads the company’s global engineering and product organisations, and is responsible for driving Symphony’s product development and delivery.
Symphony was founded in October 2014 in Palo Alto, California after a consortium of financial institutions acquired Perzo, a company founded by Gurle.
Reflecting on Symphony’s six and half year journey, Gurle says: “When I founded the company in 2014 and secured the initial funding, we wanted to fill an important gap for a secure and compliant collaboration platform for financial services firms and be a true digital transformation partner for our customers.”
He explains: “With this mission achieved it is now time for Symphony to kick off its next chapter as we embark on growing workflow solutions for financial markets.”
“I have worked closely with Levy for many years, and I am very confident the company is in great hands under his leadership. His financial markets expertise and network is second to none,” Gurle comments.
Levy adds: “The deep market expertise of our people is allowing us to tackle true pain points in markets’ workflows. From onboarding and transaction exception management to low code development, we are building or partnering with other innovative fintechs as we become networked market infrastructure.”
