Seasoned CFO combines dual expertise as a technology investor and CFO of fast-growing AI companies
LONDON, April 27, 2026 /PRNewswire/ — IFS, the world’s leading provider of industrial AI software, today announced the appointment of Ryan Courson as Chief Financial Officer (CFO). Courson joins IFS at a time when the company continues to set the pace for enterprise-wide industrial AI adoption and demand for IFS.ai capabilities is accelerating across all regions and industries it serves.
IFS enters this next chapter of growth with a decisive position of strength in the market. The company Financial results for the first quarter of 2026 – with annual recurring revenue (ARR) growth of 25% and a net retention rate (NRR) of 114% – solidifies IFS as the only industrial AI company operating at a significant global scale and maintaining growth at that level.
Courson brings a rare combination of operating and investment experience. He has served as CFO at several fast-growing AI-based technology companies; while also serving as a public company CFO at Atlas Corp. (NYSE: ATCO), a global asset manager with a diversified portfolio spanning the maritime, energy and infrastructure sectors. He began his career as a technology and software investor at Alpha Wave Global, Teton Capital and Berkshire Hathaway.
Mark Moffat, CEO of IFS, said: “IFS operates at a level that very few software companies in the world can match today. Sustaining this trajectory as we grow requires financial leadership of the highest caliber. Ryan has built and led financial organizations within fast-growing AI companies, he understands markets and capital as a sophisticated investor, and he has operated at the level of a publicly traded company. This combination is powerful as IFS drives the next phase of our growth. I am excited to welcome him to the team.”
Ryan Courson, Chief Financial Officer of IFS, said: “IFS sits at a rare crossroads between category leadership and proven performance, with a significant head start. What stands out is not just growth, but also its quality and sustainability at scale. Industrial AI is becoming mission-critical for global enterprises, and IFS is defining this shift. My goal is to support the next phase of growth by strengthening financial discipline, capital allocation, and operational rigor. I am honored and excited to join Mark and the team at this important time.”
Courson joins IFS from Kaseya, where he was COO and CFO. He previously held CFO roles at Cornerstone OnDemand and EagleView. He is also an adjunct professor at the Olin Business School at Washington University in St. Louis, where he teaches investing, and holds a Bachelor of Science degree in business administration from the university.
Courson succeeds Matthias Heiden who leaves IFS in the second quarter. Moffat added: “I would like to recognize Matthias’ contribution over the last three years. His focus and leadership have contributed significantly to the growth of IFS and we wish him the best for the future.
IFS press contacts:
EUROPE/MEA/APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communication
E-mail: adam.gillbe@ifs.com
NORTH AMERICA / LATAM: Mairi Morgan
IFS, Director of Corporate & Executive Communication
E-mail: mairi.morgan@ifs.com
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SOURCE IFS
