Adrian Di Marco
Adrian Di Marco | |
---|---|
Nationality | Australian |
Occupation | Executive chairman of TechnologyOne |
Years active | 1987–present |
Known for | Founder of TechnologyOne |
Adrian Di Marco (born 1958) is an Australian entrepreneur and businessman. He is the founder and Executive Chairman of TechnologyOne, Australia's largest enterprise software company.[1]
TechnologyOne CEO[]
Di Marco founded TechnologyOne from inside a demountable office in the car park at JL Mactaggart Industries’s hide processing plant in Hemmant, Brisbane in 1987.[2] The company initially received with a small amount of capital[3] from JL Mactaggart Industries.[4]
In 1998, when Oracle launched a competitor product and revoked TechnologyOne’s licenses, Di Marco made the company’s products database independent, building its own sales, marketing, and implementation divisions.[5][3][6] In December 1999, Di Marco led the company into its listing on the ASX making it one of the most successful floats of the DotCom era.[7]
Di Marco was member of the Australian Institute of Company Directors and was Deputy Chair of the Australian Information Industry Association from 2002 to 2004.[8] He was the Director of the Royal Children's Hospital Foundation Board from 2004 to 2012.[9]
In 2004 Di Marco won the Pearcey Award for innovative and pioneering achievement and contribution to research and development in IT.[10] He was awarded Fellow of the Australian Computer Society in 2010.[11]
Post-CEO[]
In May 2017, Di Marco stepped down as CEO from the company but remained its Executive Chairman and Chief Innovation Officer.[12][5][13] As of 2019, Di Marco’s 8.6 per cent stake in the company was worth more than $240m, and with his other investments in property, his net worth is reportedly more than $300m.[14][15]
In 2017, Di Marco invested in accounting software start-up Practice Ignition.[12] In 2018, Di Marco made a $3.2 million investment in sports tech firm Fusion Sport.[16] In 2019, Di Marco made a $500,000 investment with Snackwise.[17]
References[]
- ^ "R&D tax credits are 'wasted': TechnologyOne founder". BRW. 5 October 2015. Archived from the original on 6 October 2015. Retrieved 29 June 2021.
- ^ "TechnologyOne CEO Adrian Di Marco prepares to pass the baton". The Sydney Morning Herald.
- ^ a b Chanthadavong, Aimee (30 March 2015). "The dos and don'ts: Adrian Di Marco's lessons to success". ZDNet.
- ^ Adhikari, Supratim (22 May 2012). "TechnologyOne's winning formula". The Australian.
- ^ a b Redrup, Yolanda (28 March 2017). "TechnologyOne CEO Adrian Di Marco steps down after 30 years". Australian Financial Review.
- ^ Connors, Emma (10 November 2006). "Reboot". Australian Financial Review.
- ^ Whyte, Jemima (2 March 2016). "Why Technology One's Adrian Di Marco will not list on the ASX again?". Australian Financial Review.
- ^ "About us". aicd.companydirectors.com.au.
- ^ The Royal Children’s Hospital Foundation. "The Royal Children's Hospital Foundation Annual Report 2012" (PDF). Retrieved 24 September 2019.
- ^ Pearcey Awards 2004
- ^ ACS Fellows 2009-2010
- ^ a b Redrup, Yolanda (29 May 2017). "Accounting software start-up Practice Ignition raises $5m from Right Click and Microequities". Australian Financial Review. Retrieved 8 July 2019.
- ^ McLean, Asha (7 April 2017). "TechnologyOne CEO and founder hands reins to current COO". ZDNet.
- ^ Damon, Kitney (15 December 2019). "Tech boards must find right 'risk and creativity' balance". The Australian.
- ^ Kitney, Damon (27 April 2019). "Learning the 'Frosby Flop' taught boss to aim higher". The Australian.
- ^ Redrup, Yolanda (5 November 2018). "Tech player Fusion Sport jumps to life with TechOne founder funding". Australian Financial Review. Retrieved 8 July 2019.
- ^ Bailey, Michael (18 March 2019). "TechnologyOne founder Adrian Di Marco's 10-year start-up horizon". Australian Financial Review. Retrieved 8 July 2019.
- Australian businesspeople
- Living people
- 1958 births