You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Progress Software chief leaving after 12 months

Jay Bhatt will step down in December as chief executive of Progress Software Corp. to take the helm at an unnamed private company, leaving after less than a year at the Bedford company, which makes software used by big companies to integrate complex business activities.

Bhatt’s departure, announced Monday, comes just seven months after he launched a strategy to revive the company, which has experienced stagnant revenue growth over the past five years.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week