Richard Deggs Joins Morae as Chief Financial Officer

Global News

15
Jan
2025

Editor

Morae Global Corporation (Morae), the global leader in digital and business solutions for a constantly changing legal industry, is pleased to announce the appointment of Richard Deggs as its new Chief Financial Officer (CFO). Richard brings over two decades of financial, operational, and management experience to Morae, having held executive leadership roles in high-tech, software, and telecommunications focused companies.

Deggs joins Morae from Axiometrix Solutions where he served as CFO, playing a pivotal role in quadrupling the size of the company over a four-year period, driving operational efficiency, and building world-class teams. At Sandvine, he played an instrumental role in driving organic and inorganic growth, realizing significant operational and cost synergies, and creating the market share leader in its space. His extensive experience includes previous management positions at Tektronix Communications, a wholly owned operating company of the Danaher Corporation; Inet Technologies; and Sterling Software.

Shahzad Bashir, Chairman and Chief Executive Officer at Morae, commented: "We are thrilled to welcome Richard to our executive team. His proven track record of delivering financial and operational results will be invaluable as we continue to expand our global footprint, enhance our service offerings, and drive operational excellence. Morae is poised for transformational growth – both organic and acquisitive – in 2025 and beyond. Richard’s proven track record of delivering financial and operational results will be invaluable as we continue to expand our global footprint, build and enhance our tech-based products and solutions and drive operational excellence for our recurring and reoccurring revenue from our existing and new client base."

Richard Dreggs added: "I am excited to join Morae and look forward to working with the entire team to drive financial and operational performance to support the company’s long-term growth objectives. Morae’s vision to change the legal industry through leveraging the MorAI software platform is a foundational shift in the industry and I am personally excited to be part of driving that growth in the market."