Sunday 18 August 2019

Clavis chief Moroney chosen to lead Roomex

Entrepreneur: Garry Moroney is to head up Roomex as its new CEO
Entrepreneur: Garry Moroney is to head up Roomex as its new CEO

Shawn Pogatchnik

TECH entrepreneur Garry Moroney, who co-founded and led Similarity Systems and Clavis Insight, has been appointed as CEO of hotel management platform Roomex.

Dublin-based Roomex provides companies with an integrated way to manage their corporate travel.

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It is currently focused on business clients in the UK and Ireland but, with the backing of venture capital, sees expansion coming worldwide.

"We have ambitions to scale globally and believe that Garry is the ideal person to drive our business forward," said Roomex chairman Paddy Holahan. "The board has chosen a dynamic leader who has vast international acumen, experience, and a deep knowledge of scaling tech companies to incredible success."

Mr Moroney said he would lead Roomex into what he called "a hyper-growth phase". "Roomex has identified a massively under-serviced segment in these companies that have a travelling workforce and a requirement for an all-in-one platform to search, book, manage and pay for their hotel bookings," he said.

Mr Moroney appeared this year as number 247 on the Sunday Independent Irish Rich List, with a worth of €50m.

He has two successful tech startups on his CV: data quality specialist Similarity, which was sold to California company Informatica in 2006 for $55m (€49m), and online shopping analyst Clavis, which was sold in 2017 to the UK company Ascential for $119m.

Irish Independent

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