We are excited to share the news of Radu Constantinescu taking office as our new CEO, starting January 20th, 2022. QUALITANCE co-founder Radu Constantinescu takes over as Chief Executive Officer from Mike Parsons, who has held this position since 2020 and remains with the company as Chairman of the Advisory Board and Director of QUALITANCE Australia.
Radu Constantinescu founded and developed QUALITANCE together with Ioan Iacob and has been part of the management team for 15 years. Since founding our company, Radu has been playing an active role in our organization by coordinating our operations and financial activities and by running the delivery process of our tech projects. Between 2020-2022, Radu was part of our leadership as Deputy General Manager and since 2020 he has been Chairman of the Board of Directors.
Mike Parsons joined the team as Chief Innovation Officer in 2016, after his experience design and storytelling startup LaunchPodium was acquired by QUALITANCE. Prior to his appointment as CEO in 2020, Mike Parsons laid the foundation of our technology innovation business lines, constantly contributing to our identity and vision as a company and driving our expansion on the international market through partnerships with News Corp, Breville, Virgin, Ikea, Johnson & Johnson, and Ford Australia.
“I’m taking on this new mission with a deep understanding of the potential that we can leverage in digital transformation projects across the local and European market and with the key objective of continuing the growth that we committed to before our investors and teams. The past two years have made the urgent need for rampant digital transition bluntly clear, and the partnerships we have successfully developed in financial services, utilities and technology reconfirm the value of our mission. I thank Mike for his deep investment in the growth of our innovation division and international business. His leadership in his new role will continue to bring value to our mission and team,” stated Radu Constantinescu, CEO of QUALITANCE.
“The last two years have shown us the importance of proximity and the need to strengthen the role of our CEO in the area where most of the team and the business reside. I’m looking forward to our next chapter together, in which we’ll continue to deliver valuable product strategy to our clients,” said Mike Parsons, Chairman of the Advisory Board.
In 2021, QUALITANCE recorded a consolidated turnover at group level by over 25% higher than in December 2020, and for the current year we are aiming to maintain its upward trend and increase profitability in both lines of business, technology innovation and technology outsourcing. Last year, we enabled digital transition with a great impact for large organizations such as Banca Transilvania, OMV Petrom or Raiffeisen Bank, while expanding on the international market through partnerships with global brands such as News Corp and Anastasia Beverly Hills.
QUALITANCE is an international tech and innovation company that builds digital products and businesses for global organizations. QUALITANCE leverages behavioral design and emerging technologies such as AI and Machine Learning to create innovative digital products and services and help large organizations step in the digitally hyper-scalable 21st-century economy.
With 15 years in the market, the company has built its presence across 3 continents – Europe, US & Australia – from Bucharest to San Francisco, New York and Sydney, and has worked with some of the world’s biggest companies – News Corp, Virgin, IKEA, Johnson & Johnson, or Ford – on digital transformation and innovation solutions.
QUALITANCE has been recognized by the Financial Times 1000, Inc.5000 Europe, Deloitte Technology Fast 50 Central Europe and Technology Fast 500 EMEA as one of the fastest-growing technology companies. In 2017, QUALITANCE was awarded Company of the Year by the Employers Association of the Software and Services Industry (ANIS). In 2018, the Bucharest Stock Exchange presented QUALITANCE with the Made in Romania Award for being one of the companies that will contribute to the growth of the national economy.