Deltek's CEO moves to new role at parent company
Mike Corkery has led the enterprise software provider for more than a decade and his successor is an external hire.
Deltek CEO Mike Corkery is ending a 14-year run there, during which the company made multiple acquisitions and moved from being held by private equity to the public markets.
Corkery will remain with its parent company Roper Technologies as a group executive, providing coaching and guidance to its businesses including Deltek.
The move becomes effective April 10, Deltek said Tuesday.
Corkery started as the chief financial officer at Deltek in 2010 before he stepped into the CEO role in 2012. During his stint as CFO, Deltek acquired both Input and Federal Sources to become the largest provider of market research products in the public sector vertical.
Most of the company’s acquisitions have been on the enterprise resource planning side of the business. The acquisitions have focused on project management software and tools for government contractors.
Deltek's most recent acquisition closed in January was of ProPricer, a proposal pricing tool for contractors.
Deltek itself was the target of two major acquisitions while Corkery was there. In 2012, the private equity firm Thoma Bravo bought Deltek for $1.1 billion and took it private.
In 2016, Deltek returned to the public markets when Thoma Bravo sold the company to Roper Technologies for $2.8 billion.
Corkery's successor at Deltek is Bob Hughes, chief customer and strategy officer at UKG.
UKG specializes in human resources, payroll and workforce management solutions. He oversaw the company’s growth strategy, mergers and acquisitions, investments and global expansion.
Before UKG, he was vice president for corporate development at Blackbaud, which develops solutions for nonprofit financial management, fundraising and corporate social responsibility.
Hughes also served as a Navy submarine officer. He graduated from the Naval Academy and the Kellogg School of Management.
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