IFS Appoints Ryan Courson As Chief Financial Officer

He joins the company during a period of strong momentum, as IFS continues to lead Industrial AI adoption at enterprise scale, driven by accelerating demand for its IFS.ai capabilities across global markets.

IFS enters this phase of growth with strong financial performance reporting 25% Annual Recurring Revenue (ARR) growth and a Net Retention Rate (NRR) of 114% in Q1 2026, reinforcing its position as a leading Industrial AI company operating at global scale.

Courson brings a rare combination of operating and investing experience across high-growth technology companies and public markets. He has served as CFO at multiple fast-growing AI-driven software businesses, and as CFO of NYSE-listed Atlas Corp. (NYSE: ATCO), a global asset management company with interests across maritime, energy, and infrastructure.

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He began his career in investing roles at Alpha Wave Global, Teton Capital, and Berkshire Hathaway.

Prior to joining IFS, Courson was COO and CFO at Kaseya. He also previously served as CFO of Cornerstone OnDemand and EagleView. In addition, he is an Adjunct Professor at Washington University in St. Louis’s Olin Business School, where he teaches Investing, and holds a Bachelor of Science in Business Administration from the same university.

Mark Moffat, CEO, IFS, said: "IFS is executing at a level that very few software businesses in the world can match right now. Sustaining that trajectory as we scale requires financial leadership of the very highest caliber. Ryan has built and led financial organizations inside fast-growth AI companies, he understands markets and capital as a sophisticated investor, and he has operated at the level of a publicly listed company. That combination is powerful as IFS drives the next phase of our growth. I am delighted to welcome him to the team."