Marcus Price appointed CEO of Iress as Andrew Walsh retires

Marcus Price will take over as the new managing director and CEO, of Iress in October. This follows the retirement of Andrew Walsh who first started with the company in 2001 and has held the top job for 13 years. He will remain with Iress as a consultant from 3 October 2022 until the end of January 2023. 

Price was previously the inaugural CEO of PEXA Group, Australia’s first digital property exchange. He has also held senior positions with NAB and the Boston Consulting Group and previously served in senior executive roles with both Equifax and Dun & Bradstreet.

Thanking Walsh for his service, Roger Sharp, Chair of Iress, said, “Andrew has been an outstanding leader and steward of Iress. Since taking over as CEO in 2009, he has been instrumental in building Iress into a highly innovative market leader with a global footprint. The Board understands his decision, is tremendously grateful to Andrew for his service and wishes him well in his future endeavours.”

Sharp described Price as bringing tremendous experience in financial services and technology businesses with a demonstrated track record in creating shareholder value.

"As the founding CEO, Marcus is acknowledged as the driving force in the creation of PEXA, which he led for more than a decade.”

Speaking about the role of his predecessor Price said, “Andrew has been an outstanding leader of Iress, and leaves behind an enviable legacy of achievements after nearly 13 years as CEO. Further, Andrew has set the foundations for the continued domestic and international success of this highly respected Australian technology business.

“I am certainly looking forward to working with the Iress team as we execute on the 2025 strategy presented to the market last year, including continuing to evolve Iress’ operational model and transition to a platform-based architecture. In addition, we will explore further horizons and ambitions for the business.”

Price will be also be appointed as Non-Executive Director of Iress this month in advance of assuming the top role on 3 October 2022. 

According to Walsh said, “I am proud to have seen Iress through a period of substantial transformation and growth into what is today a successful global technology business and market leader. My sincere thanks go to the entire Iress team for their hard work, support and friendship over the years and I look forward to supporting Marcus in the transition.”