Adrian Di Marco

From Wikipedia, the free encyclopedia

Adrian Di Marco
Adrian Di Marco - Photo.jpg
Adrian Di Marco – Executive chairman TechnologyOne
NationalityAustralian
OccupationExecutive chairman of TechnologyOne
Years active1987–present
Known forFounder 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[]

  1. ^ "R&D tax credits are 'wasted': TechnologyOne founder". BRW. 5 October 2015. Archived from the original on 6 October 2015. Retrieved 29 June 2021.
  2. ^ "TechnologyOne CEO Adrian Di Marco prepares to pass the baton". The Sydney Morning Herald.
  3. ^ a b Chanthadavong, Aimee (30 March 2015). "The dos and don'ts: Adrian Di Marco's lessons to success". ZDNet.
  4. ^ Adhikari, Supratim (22 May 2012). "TechnologyOne's winning formula". The Australian.
  5. ^ a b Redrup, Yolanda (28 March 2017). "TechnologyOne CEO Adrian Di Marco steps down after 30 years". Australian Financial Review.
  6. ^ Connors, Emma (10 November 2006). "Reboot". Australian Financial Review.
  7. ^ Whyte, Jemima (2 March 2016). "Why Technology One's Adrian Di Marco will not list on the ASX again?". Australian Financial Review.
  8. ^ "About us". aicd.companydirectors.com.au.
  9. ^ The Royal Children’s Hospital Foundation. "The Royal Children's Hospital Foundation Annual Report 2012" (PDF). Retrieved 24 September 2019.
  10. ^ Pearcey Awards 2004
  11. ^ ACS Fellows 2009-2010
  12. ^ 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.
  13. ^ McLean, Asha (7 April 2017). "TechnologyOne CEO and founder hands reins to current COO". ZDNet.
  14. ^ Damon, Kitney (15 December 2019). "Tech boards must find right 'risk and creativity' balance". The Australian.
  15. ^ Kitney, Damon (27 April 2019). "Learning the 'Frosby Flop' taught boss to aim higher". The Australian.
  16. ^ Redrup, Yolanda (5 November 2018). "Tech player Fusion Sport jumps to life with TechOne founder funding". Australian Financial Review. Retrieved 8 July 2019.
  17. ^ Bailey, Michael (18 March 2019). "TechnologyOne founder Adrian Di Marco's 10-year start-up horizon". Australian Financial Review. Retrieved 8 July 2019.
Retrieved from ""