Payroll services provider PayCycle has named James Heeger as chief executive of the online concern, headquartered here. Heeger, who most recently was senior vice president of Adobe Systems, succeeds company co-founder Rene Lacerte as CEO. Lacerte will remain with the company as chief financial officer and as a board member. Heeger had served as president and CEO of Fotiva Inc., a photography software company, before it was acquired by Adobe in 2001. While at Adobe, Heeger oversaw the launch of the Adobe Creative Suite, as well as other flagship products such as Adobe Illustrator CS, and Adobe InDesign CS. Prior to that, he spent several years at Intuit, where he was CFO and later senior vice president and general manager of Intuit's small business division. He helped grow the QuickBooks installed base to more than 2 million small businesses and extend the franchise into payroll. "His expertise will accelerate our strong momentum as we continue to innovate and build our small business payroll leadership position," said Rene Lacerte in a statement.
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The deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.
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