My dears,
Today is a sad day for me because my favorite CEO is stepping down for health reasons.
Maybe it's a good opportunity for you to find your way into a compounder.
TORONTO, Sept. 25, 2025 (GLOBE NEWSWIRE) - Constellation Software Inc (TSX:CSU) ("Constellation") announced today that Mark Leonard has decided to step down from his position as President of Constellation for health reasons, effective immediately. Mark Miller, currently Constellation's Chief Operating Officer, has been appointed President by Constellation's Board of Directors. Mr. Leonard will remain a member of the Board and Mr. Miller's other roles within Constellation will remain unchanged.
John Billowits, Constellation's Chairman of the Board, said, "On behalf of the Board and everyone at Constellation, I wish Mark a full and speedy recovery. Since Mark founded Constellation in 1995, his visionary leadership, humility and wisdom have inspired countless Constellation executives and employees to build a truly exceptional global software company."
Mark Leonard said, "The Board and I have complete confidence in Mark Miller and our leadership team to execute Constellation's business plan. Mark Miller has been a trusted advisor and driving force within Constellation's leadership team for over thirty years and I can think of no one more experienced, knowledgeable and capable to lead the company at this time."
Mark Miller said: "My first thoughts are with my friend and colleague Mark Leonard, and I join the entire Constellation community in wishing him a full and speedy recovery. Fortunately, Mark leaves Constellation in an exceptionally good position to continue the successful trajectory we have experienced under his leadership. I am confident that, working with our proven team of outstanding managers, investors and employees, we will make a smooth transition and deliver ever-increasing value to our shareholders and customers."
Constellation's common shares are listed on the Toronto Stock Exchange under the symbol "CSU". Constellation Software acquires, manages and builds vertical market software companies.
Constellation Software is a top choice for this fund manager
Brian Madden told BNN Bloomberg's Market Watch on Sept. 18 that Constellation Software remains an attractive long-term investment despite its price being well below its highs.
https://www.cantechletter.com/2025/09/constellation-software-a-top-pick-for-this-fund-manager/
