Connors to See Out Decade as ISG Head after Extension

Technology research and advisory firm Information Services Group (ISG) has extended the contract of its Chairman and CEO Michael P. Connors until December 31st 2029.

As part of this extension, Connors (pictured) may receive grants of stock units of $350,000 and a cash payment of $500,000 dependent on performance targets for stock price and EBITDA. The contract has been extended by periods of 2-4 years on three previous occasions.

Connors founded the Stamford, CT-based firm in 2007 and at present it boasts around 1,600 employees. Revenues in Europe and Asia Pacific have fallen steeply this year and are on target for just over $250m, well down on 2023 when the company pushed past its pre-pandemic high points to $291m. The company is currently capitalized at around $159.5m.

Web site: www.isg-one.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.