Symphony Shuffles Management

Symphony Communications Services co-founder and CEO David Gurlé is stepping down from his role on 31 May 2021, with Brad Levy, current president and chief commercial officer of the company, stepping up to CEO.

Benjamin Chrnelich, Symphony’s chief financial officer, will assume the additional role of president, while Dietmar Fauser, will become chief information officer. Chrnelich joined Symphony in 2020 and plays a key role in leading financial strategy, acquisition activity, fundraising and investor relations. Fauser, who joined Symphony in 2019, leads the company’s global engineering and product organizations, and is responsible for driving product development and delivery.

“When I founded the company in 2014 and secured the initial funding, we wanted to fill an important gap for a secure and compliant collaboration platform for financial services firms and be a true digital transformation partner for our customers,” says Gurlé. “With this mission achieved it is now time for Symphony to kick off its next chapter as we embark on growing workflow solutions for financial markets. I have worked closely with Brad for many years, and I am very confident the company is in great hands under his leadership. His financial markets expertise and network is second to none.”

Levy adds, “2020 was an important year in the company’s journey and we’re in a position of strength to continue helping our customers win by accelerating their businesses, making them more agile and more profitable through standardisation, automation and innovation.

“The deep market expertise of our people is allowing us to tackle true pain points in markets’ workflows,” he continues. “From onboarding and transaction exception management to low code development, we are building or partnering with other innovative fintechs as we become networked market infrastructure.”