CEO John Livingston stepping down from top jobs at Absolute Software

VANCOUVER – Absolute Software Corp. (TSX:ABT) says John Livingston has tendered his resignation as chief executive as well as a member of the software security company’s board.

“It has been a privilege to lead Absolute from a small Vancouver operation to the global enterprise software company that it has become today,” Livingston said in a company release announcing the change.

“As we enter our 20th year and Absolute moves to the next phase of growth, the time is right for a new perspective and new leadership.”

Absolute says chief financial officer Errol Olsen has been appointed interim CEO while the board conducts a search for a new chief executive.

“We are tremendously thankful for John’s contributions over the past 20 years that have seen Absolute evolve into a global leader in endpoint security and management,” said Daniel Ryan, a director since 2011 who replaces Livingston as chairman of the board.