Reprints Desk’s parent company Research Solutions, Inc. (OTCQB: RSSS), a pioneer in providing on-demand access to scientific, technical and medical (STM) information for life science companies, academic institutions and other research intensive organizations, has appointed John Regazzi as non-executive chairman of the board, succeeding President and CEO Peter Derycz, who will remain on the board as a director and continue as president and CEO. Regazzi joined the board an independent director in June.
The board has made the change to provide a better balance of corporate governance and responsibility, and allow Derycz to provide a greater focus on managing the accelerating growth of the company and particularly the upcoming launch of new products. The appointment also allows the company to take greater advantage of Regazzi’s four decades of experience in information technology, including as managing director of NYSE-listed Reed Elsevier, the world’s largest publisher and information services provider for STM content.
The reorganization comes after the company reported double digit growth in new Article Galaxy customers, transactions and revenue in its third fiscal quarter, with the year-over-year growth sustained for 10 consecutive quarters. The company plans to report its fourth quarter and full fiscal year results on September 8.
“John has demonstrated to be an invaluable and trusted leader who shares our passion for Research Solutions’ mission and purpose,” commented Derycz, who is also the company’s founder. “Our company and shareholders will be served well by his appointment as chairman, as it allows his deep industry knowledge and experience to come to the forefront of the strategic thinking.”
Regazzi commented: “Thanks to Peter’s strong leadership and the tremendous team he has built, Research Solutions has become the industry leader in providing mission critical information and workflow tools for research-driven organizations around the world. I’m excited and honored to serve the company in this new capacity, particularly as its development and global growth continues to gather momentum.”
Regazzi is a recognized innovator in the IT and information services industries. He is currently managing director of Akoya Capital Partners, a sector focused private investment firm where for the last few years he has served as its professional information services sector leader. He has also been a professor at Long Island University’s College of Education, Information and Technology since 2005, and has served as dean of LIU’s College of Information and Computer Science.
Before joining Akoya Capital Partners, Regazzi served for several years as CEO of Elsevier and then managing director of Reed Elsevier, following the merger of Elsevier with Reed International in 1992. At Reed Elsevier, Regazzi oversaw its expansive electronic publishing portfolio, with a program staff of 3,000 and revenues exceeding $1 billion. He was previously CEO of Engineering Information, which he helped turnaround before Reed Elsevier acquired it.
Regazzi has served on a variety of corporate and industry boards, including the British Standards Institute Group and the American Institute of Physics. He was recently appointed chairman of the board of the National Technical Information Service, a division of the U.S. Department of Commerce. He also currently serves as chairman of LawLogix Group and Inflexxion, both Akoya portfolio companies.