Nicus Appoints Eric Stoop as Chief Executive Officer to Lead Next Phase of Strategic Growth

Enterprise ITFM leader reinforces commitment to innovation, customer value, and platform acceleration with appointment of proven growth-stage CEO.

ROANOKE, Va.--(BUSINESS WIRE)--Nicus Software, Inc. (Nicus), a leading provider of enterprise IT Financial Management (ITFM) solutions, today announced the appointment of Eric Stoop as Chief Executive Officer. Stoop joins Nicus with more than two decades of executive experience driving technology innovation, operational scale, and customer success. He succeeds John Clark, who will remain with the company in an advisory role.

As CEO, Stoop will lead Nicus into its next phase of growth, building on the company’s momentum as a leader in ITFM, Modern Technology Business Management (Modern TBM) and as a strategic partner within the ServiceNow ecosystem. His appointment reflects Nicus’ continued investment in helping organizations optimize technology spend, demonstrate value, and respond to a fast-changing digital landscape.

“Nicus has built something incredibly rare—a platform that delivers not just transparency, but action. That’s what attracted me,” said Eric Stoop, CEO of Nicus. “Technology leaders today are being asked to do more with every dollar—to demonstrate value, optimize continuously, and move faster than ever before. Nicus is uniquely positioned to meet that need. I’m honored to join this team and help scale its impact.”

Stoop most recently served as CEO of Ease.io, a cloud-based platform for operational audits and performance insights in the manufacturing sector. Under his leadership, Ease grew into a global provider used in more than 40 countries and was acquired following a successful majority control investment by Luminate Capital Partners in 2023. He brings to Nicus a track record of scaling enterprise software platforms, aligning product innovation with customer needs, and building high-performance teams.

Nicus’ leadership in ITFM and TBM has accelerated in recent years, fueled by enterprise demand for AI-infused IT financial management, greater cost visibility, and the ability to forecast and measure the business value of AI, cloud, and other digital investments. As hybrid environments grow more complex—especially where organizations choose to keep sensitive workloads on-premises—Nicus helps leaders evaluate total cost of ownership and make data-driven decisions that balance performance, security, and value.

“Eric’s appointment reflects the market we serve,” said Philip Hall, Spotlight Equity Managing Partner and Nicus Chairman. “Our customers are asking for more—from intelligent value management and actionable insights to better forecasting of AI-driven and cloud-related costs. Eric understands how to lead at this scale, and how to deliver value that earns trust from CIOs, CFOs, and boards alike.”

Under Stoop’s leadership, Nicus will continue to invest in product innovation and customer success, expanding AI-enabled insights that help leaders move from transparency to action. With a value-focused approach embedded in its products and customer programs, Nicus enables enterprises to align technology spend to business priorities—and govern technology investment with confidence.

About Nicus

Nicus delivers clarity, control, and confidence in every technology investment, helping leaders maximize the value of technology spend across the enterprise. Our IT Financial Management (ITFM) and Modern Technology Business Management (Modern TBM) solutions are delivered on the Nicus Cloud or as native ServiceNow applications, enabling organizations to transform complexity into actionable insight. Trusted by Fortune 2000 companies, Nicus empowers IT, finance, and business leaders to make smarter decisions, optimize spend, and drive better business outcomes. Learn more at www.nicus.com.