Minneapolis Software Company Fision Names Interim CEO
Laurence Mascera (Photo courtesy of Fision).

Minneapolis Software Company Fision Names Interim CEO

CEO and president Mike Brown is resigning, and current COO Laurence Mascera will replace him on an interim basis.

Minneapolis-based software company Fision on Monday announced that Mike Brown has resigned as CEO and president.

Chief operating officer Laurence Mascera will succeed Brown on an interim basis.

Brown will stay on as a member of the board of directors to help ensure a smooth transition, company officials said in a news release.

Mascera takes over at the top executive position just five months after joining Fision. He previously served as president and COO for Tampa-based software company Continuity Logic. He’s spent more than 25 years in the financial technology industry.

Before his time at Continuity Logic, Mascera served as head of investment banking and customer relationship management technology for TD Securities. He also worked as director of sales and investment banking technology at Barclays Investment Bank.

Fision’s board expects Mascera to bring “strong operational and financial discipline” to their company, according to the release.

Founded in 2011, Fision specializes in cloud-based digital asset management, sales facilitation, and agile marketing technologies, primarily serving health care, hospitality, financial, insurance, and technology companies. Last year, TCB readers named Fision Best of Business in the software category.

The company has more than 65,000 users across 21 countries. Mascera said he’s looking forward to helping grow the company further.

“As I transition to this new opportunity, I am proud of the progress we have made introducing efficiencies to the operating model,” he said. “Now, I look forward to digging in deeper.”

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