Progress announced the upcoming retirement of its Chief Financial Officer, Paul Jalbert, and the appointment of Anthony Folger to succeed him. Jalbert, who joined Progress in August 2012 and has served as CFO since March 2017, will retire as CFO on January 31, 2020. Folger will join Progress as CFO on January 31, 2020 and Jalbert will remain with Progress until April 2020 to assist Folger in the transition. Folger was previously Chief Financial Officer and Treasurer of Carbonite Inc. from January 2013 until Carbonite was acquired by OpenText Corporation in late December 2019.