Accruent Founder Friedman Steps Away From CEO Role, Shifts To Chairman

Real estate management software developer Accruent, which was founded 20 years ago in Los Angeles by Mark Friedman, said today a that Friedman--its CEO for nearly 20 years--is shifting to become Chairman of the board. John Borgerding becomes CEO of the company. Friedman is stepping away from the CEO role four months after the company was acquired by Genstar Capital. Accruent still has offices in Los Angeles, but recently has been headquartered in Austin, Texas. Accruent was founded in 1995.