Crealogix has lost its chief financial officer to a competitor. In his place, the Zurich-based banking software provider is taking on a manager previously active at an industrial company.

Rolf Lichtin, chief financial officer (CFO) at Crealogix, will leave the banking software provider after three-and-a-half years. He has decided to take up the same position at Abraxas, a competitor of Crealogix.

New CFO Joins From Industrial Company

At Abraxas, Lichtin replaces Felix Mauron, who managed the finances of the company since 1999. Mauron will retire. Before working for Crealogix, Lichtin had been the CFO of software company Trivadis and Siemens Switzerland.

Wirth 160Crealogix has hired Philippe Wirth (pictured left) as a replacement for Lichtin. The new CFO will take charge in May. Wirth is the head of finance at Mettler-Toledo, a precision instruments maker. He joined the company 17 years ago and has been its CFO since 2003, Crealogix said in a statement today.