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Accodex original departs, successor locked in

The chief technology officer at accounting firm Accodex is leaving after five years, and his replacement is now locked in.

Appointments Katarina Taurian 15 December 2017
— 1 minute read

Michael Macolino will be joining a consulting firm in early January, which works to assist early-stage companies develop their operations. He left Accodex on 1 December.


Mr Macolino is being replaced by his “right-hand man” Patrick DeRuvo, who is the current chief innovation officer at Accodex.

“Patrick was my first employee at Clear Business Dynamics. He has a great feel of technical experience, an understanding of my vision for for the technology and for product building,” Mr Macolino told Accountants Daily.

Mr Macolino merged his start-up, cloud integrator firm Clear Business Dynamics, with Accodex in 2015. After that, he became director and CTO.

Mr Macolino is largely leaving for personal reasons – he has a young family and was working 60-70 hours per week with Accodex.

“Building a company that grows fast as Accodex takes its toll, so it’s time to take a step back and move into the next stage of my career,” Mr Macolino said.

“Also the financial commitment as well growing a company is extremely expensive and Accodex has been largely boot strapped.”

Mr Macolino is confident he’s leaving the company at a stable time in its growth cycle.

“It was one of those points where if I didn’t step off now, I might leave them in the lurch,” he said.

Chief executive at Accodex Chris Hooper told Accountants Daily that clients and partners have not been affected by the departure.

Accodex original departs, successor locked in
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