Agilysys Taps Hospitality Veteran Joe Youssef as SVP, Sales & Chief Commercial Officer
August 15 2024 - 7:00AM
Business Wire
-- Former Amadeus executive to fill position
vacated as Don DeMarinis retires --
Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of
hospitality software solutions and services, today announced Joe
Youssef – who has led multiple functions, solution verticals and
regional markets during his 18-year career at global travel and
tourism technology innovator Amadeus – will join the Company as
Senior Vice President, Sales, Americas and EMEA and Chief
Commercial Officer.
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Joe Youssef Agilysys Senior Vice
President, Sales, Americas and EMEA and Chief Commercial Officer
(Photo: Business Wire)
Joe Youssef’s extensive career in the travel and hospitality
industry has established him as a visionary executive and a key
market influencer for pioneering technology. Mr. Youssef joined
Amadeus in 2006 as Managing Director for Egypt, shaping strategies
that enabled Amadeus to become the market leader there in less than
two years. In Dubai, he executed growth strategies that established
Amadeus as a market leader in the Middle East and North Africa.
After moving to Amadeus’ Hospitality Division in 2013, Mr. Youssef
played a critical role in defining and executing the Company’s
inorganic growth strategy. He also led Amadeus’ Business
Intelligence (BI) solution vertical, solidifying the Company’s
position as the hospitality industry’s most respected BI player. In
his most recent role as Executive Vice President, Sales, he created
a highly effective sales structure that drove double-digit growth
and deep customer engagement. Earlier in his hospitality and travel
career, Mr. Youssef held management positions at Kanoo Travel and
American Express Travel Services.
Mr. Youssef is stepping into the executive role held by Don
DeMarinis since January 2018.
Agilysys President and CEO Ramesh Srinivasan commented, “For
six-plus years Don DeMarinis has served an instrumental role as
part of the management team that has taken Agilysys annual revenue
from $127.4 million in FY2018 to $237.5 million during FY2024
ending March 2024. Under Don’s leadership, Agilysys has delivered
record revenue growth for the past 10 consecutive quarters.”
Mr. Srinivasan continued, “Impressively, this growth was
achieved against the backdrop of quite challenging circumstances:
Navigating customer relationships and prospect sales cycles as we
re-engineered and created ground-up more than 30 hospitality core
and new add-on software solutions to be cloud-native and
world-class; managing through a global pandemic that meaningfully
impacted the hospitality industry, on which Agilysys is solely
focused; and evolving our business model from selling primarily
perpetual license software to one driving growth through
cloud-based subscription software revenue.
“Throughout every step of our enormous progress during the past
years, we have benefitted from Don’s steadfast commitment to our
customers, internal teams and business. The knowledge and skills he
gained over 30 years leading high-performing teams in hospitality,
including at multi-billion-dollar global brands such as Oracle,
have been invaluable to our business. We will miss his leadership
and his friendship, even as we welcome another impressive senior
hospitality executive, Joe Youssef, to our team in Don’s role. We
wish Don great health and happiness in his retirement and the best
of everything in all his future endeavors,” Mr. Srinivasan
concluded.
Mr. Youssef will officially begin his tenure at Agilysys on
August 19, 2024.
Mr. Srinivasan commented, “The variety of leadership skills and
experiences achieving hospitality market successes across the globe
that have highlighted Joe’s extraordinary career thus far will play
a big role in helping Agilysys achieve the next level of business
performance. His proven ability to establish impactful
relationships with customers, his ability to lead dynamic sales
teams and his insights on accelerating market adoption of
hospitality innovations align perfectly with our goals. Joe has
been a disciplined growth leader all through his career and is the
perfect leader joining Agilysys at the perfect time. We are
thrilled to welcome Joe Youssef to our leadership team.”
Mr. Youssef said, “Being instrumental in helping a technology
innovator such as Agilysys reach its next level of performance is
highly appealing. Throughout my career I have been most proud of
the teams I have built and coached, the solution innovations I have
helped establish as market leaders in hospitality and the
supportive cultures I have helped to shape. This role at Agilysys
presents each of these development opportunities and more.”
About Agilysys
Agilysys exclusively delivers state-of-the-art software
solutions and services that help organizations achieve High Return
Hospitality™ by maximizing Return on Experience (ROE) through
interactions that make ‘personal’ profitable. Customers around the
world use Agilysys Property Management Systems (PMS), Point-of-Sale
(POS) solutions, Food & Beverage Inventory and Procurement
(I&P) systems and accompanying hospitality ecosystem solutions
to consistently delight guests, retain staff and grow margins. The
Agilysys 100% hospitality customer base includes branded and
independent hotels; multi-amenity resorts; casinos; property, hotel
and resort management companies; cruise lines; corporate dining
providers; higher education campus dining providers; food service
management companies; hospitals; lifestyle communities; senior
living facilities; stadiums; and theme parks. www.agilysys.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240815451733/en/
Media Contacts: Americas: Jen Reeves, 770-810-6007,
jennifer.reeves@agilysys.com Rest of World: Alan Edwards, +44 7795
226163 alan.edwards@agilysys.com
Investor Contact: Jessica Hennessy, Agilysys, Inc.,
770-810-6116 jessica.hennessy@agilysys.com or
investorrelations@agilysys.com
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