WOBURN, Mass.--(BUSINESS WIRE)--Monotype today announced the appointment of Ninan Chacko as the company’s new chief executive officer. Chacko brings a wealth of CEO and other C-suite experience to Monotype, as well as a track record of successfully driving substantial value by leveraging his strong global technology leadership background. Chacko succeeds Scott Landers, who will assume an executive advisory role with the company.
“Monotype is at the forefront of the type industry, and I am excited about the opportunity to continue to grow the business by empowering creatives to deliver powerful, authentic brand experiences through great design and technology,” said Chacko. “I look forward to working collaboratively with employees, customers, and partners to drive innovation in our products and services, while further strengthening our global operations.”
Chacko was most recently CEO of Travel Leaders Group, a leading travel services provider. During his tenure, Chacko oversaw numerous strategic acquisitions, developed talent and structured key partnerships, all of which resulted in significant value creation. He previously served as CEO at PR Newswire, a global digital media distribution and tech-enabled marketing services provider. Under Chacko’s leadership, the company experienced consistent earnings growth and revenue CAGR. Previously, Chacko held senior leadership positions at global technology businesses including Worldspan, Sabre Holdings, and AMR Corp.
Over the past two years, under the leadership of Scott Landers, the Company has made substantial organizational, operational, and strategic progress. Chacko’s appointment marks a pivotal juncture in Monotype’s evolution, as the company is uniquely positioned to succeed in its next stage of growth.
“The Board and I are extremely excited to welcome Ninan, an immensely talented executive with a track record of leading global, technology-enabled businesses like Monotype,” said Rich Lawson, CEO and co-founder at HGGC and director of Monotype. “We are confident that the breadth and depth of Ninan’s knowledge, particularly around growth, and his focus on execution will be instrumental in building Monotype for long-term success.”
“I am extremely proud of Monotype’s transformation during my tenure,” said Scott Landers. “Monotype is well-positioned to accelerate its growth, and I look forward to working with Ninan to ensure a seamless transition and continued success for the company.”
About Monotype
Monotype creates brands that matter with type, technology and expertise. Further information is available at www.monotype.com. Follow Monotype on Twitter, Instagram and LinkedIn. Monotype is a trademark of Monotype Imaging Inc. registered in the U.S. Patent and Trademark Office and may be registered in certain other jurisdictions. All other trademarks are the property of their respective owners.
About HGGC
HGGC is a leading middle-market private equity firm with over $5.5 billion in cumulative capital commitments. Based in Palo Alto, Calif., HGGC is distinguished by its Advantaged Investing approach that enables the firm to source and acquire scalable businesses through partnerships with management teams, founders and sponsors who reinvest alongside HGGC, creating a strong alignment of interests. Since its inception in 2007, HGGC has completed more than 290 platform investments, add-on acquisitions, recapitalizations and liquidity events with an aggregate transaction value of over $38 billion. More information, including a complete list of current and former portfolio companies, is available at hggc.com.