Transition to the future: Elias Apel is Lucanet's new CEO

In an exciting and moving moment for Lucanet, Elias Apel has been appointed as the new Chief Executive Officer, taking over from Dominik Duchon. This is a significant change in leadership, with Elias assuming the position of CEO effective October 1, 2023.

 

Elias Apel: A strong leader with profound experience

Elias, who previously served as Lucanet's CFO, is an experienced and proven leader who has been instrumental in the company's growth and success. With extensive knowledge of Lucanet's business and a long track record of executing financial and growth strategies, Elias is well prepared to assume his new role as CEO. He initially joined Lucanet as Head of Channel in 2018 to lead global partner activities and quickly transitioned to Global Head of International Operations and Channel, where he played a key role in driving the company's international expansion. In May 2022, Elias assumed the role of CFO, overseeing finance, accounting, controlling, business and data analytics, corporate development, and M&A.

 

Excitement for this new chapter

Elias expressed his excitement, saying,

Lucanet's growth and success under Elias’ leadership

Elias highlights the successful changes Lucanet has undergone, such as the shift to SaaS and the transformation to a global matrix organization. Backed by Lucanet's strong equity partner Hg, one of the leading software investors, recent acquisitions have expanded the company's portfolio to include business-critical software offerings in disclosure management, ESG, tax compliance, and treasury and cash management solutions. As a result, Lucanet now provides the digital Office of the CFO with comprehensive end-to-end solutions that are both quick to implement and easy to use.

 

Elias’ confidence in Lucanet's future success

While he embraces the responsibility of leading an ever-growing group of nearly 800 employees and more than 5,000 customers, Elias remains humble and continues to look to the future. "It is a unique opportunity that I accept with great respect”, said Elias. He acknowledges the talented team at Lucanet and the strong partnership with its investor and expresses his confidence in the company's continued success.

 

Dominik Duchon to remain involved as shareholder

Dominik Duchon, the outgoing CEO, reflects on his impressive career at Lucanet. Duchon, who joined the company in 2005, has been a driving force in expanding Lucanet's international presence, establishing strategic partnerships and contributing to the overall success of the company during his tenure. Duchon will continue to support Lucanet as a shareholder in an advisory capacity.

Duchon is confident in Elias’ ability to lead Lucanet, citing his exceptional work for the company and his extensive experience in software, commercial excellence, internationalization, M&A, and deep understanding of the global organization.

Lucanet's transition to a new CEO marks an exciting chapter for the company. Lucanet is poised to continue its path of success, delivering innovative software solutions and advancing in the fast-paced world of Corporate Performance Management. Under Elias’ leadership Lucanet continues to transform, evolve and thrive in their industry.