Wednesday, June 4, 2008

Landers lands CFO position at Monotype Imaging

By Mass High Tech Staff

Monotype Imaging Holdings Inc. reports that Scott E. Landers has been hired as senior vice president and chief financial officer.

Landers, who is scheduled to start his new position July 1, has more than 15 years of experience in the software and public accounting industries. He was previously vice president of global finance at Pitney Bowes Software, a $450 million division of Pitney Bowes Inc. (NYSE: PBI), a Stamford, Conn.-based provider of location intelligence solutions, company officials said.

Before Pitney Bowes, Landers was vice president of finance at MapInfo Corp., a Troy, N.Y.-based company that was acquired last year by Pitney Bowes for $408 million.

Woburn-based Monotype Imaging (Nasdaq: TYPE), a provider of font and typeface products, employs 169 workers. It operates regional offices in Boulder, Colo.; Chicago; China; Japan; Redwood City, Calif.; and the United Kingdom.
Montype Imaging’s predecessor company, Agfa Monotype, was bought in 2004 by private equity investment firm TA Associates, which renamed the business Monotype Imaging. Last year, the company reported a profit of $9 million on revenue of $105.1 million.