Polycom's former chief executive, Peter Leav, has found a new home as CEO of BMC Software just months after leaving Polycom, following that company's acquisition by Siris Capital Group.
Leav served as CEO and president of the US$1.2 billion unified communications specialist Polycom for three years before being replaced in September by Mary McDowell, an executive partner at Siris Capital, the investment firm that bought Polycom for nearly $2 billion this year.
"BMC is an iconic software company that has served the world’s largest and most successful enterprises for over 35 years," said Leav, in a statement. "I am excited to lead the company as we continue to grow, innovate and drive success for our customers, partners and employees in the years ahead."
Leav is succeeding BMC's 16-year president and CEO Bob Beauchamp, who will continue to serve as chairman of BMC board. In a statement, Beauchamp said BMC has reached a point in its evolution to bring in a new CEO as the company enters its "next growth stage."
"Peter is an established technology CEO with deep industry expertise who will work closely with our strong management team to lead BMC forward in the years ahead," said Beauchamp. "BMC customers, partners and employees will all benefit with Peter at the helm. I look forward to working with him in an era of disruption and change that is redefining digital industry."
Since the Houston, Texas-based BMC IT management software vendor went private in 2013, it has reallocated hundreds of millions towards R&D growth and go-to-market initiatives around digital disruption, according to a statement.
In November, BMC hired SAP's top internet of things executive Nayaki Nayyar as its new president of digital service management. Nayyer previously served as general manager and global head of SAP's internet of things go-to-market group.
Prior to Polycom, Leav held executive positions at NCR Corporation and Motorola. BMC has solutions that serve more than 10,000 customers globally.