The CEO and co-founder of one of the Indianapolis area’s oldest and largest software firms announced plans Tuesday to retire early next year.
Jeff Gilbert said he would step down from his position as chief executive of Carmel-based Software Engineering Professionals Inc., or SEP, on March 31, after 25 years as CEO.
Raman Ohri, SEP’s president, will take over the CEO position after Gilbert’s departure. Gilbert will remain on SEP’s board of directors as chairman emeritus.
Gilbert and three colleagues founded SEP in 1988 after graduating from Rose-Hulman Institute of Technology. He served as president of the company from 1988 to 1990, director of marketing and business development from 1990 to 1994, and president and CEO from 1994 to 2014.
SEP collaborates with clients to develop software products for their customers and information systems to support their business operations. Its clients include companies in aerospace, manufacturing, health care and financial services.
The company has more than 130 employees. It ranked as the area’s 11th largest software company in 2017 with 91 software engineers and programmers.
Gilbert transferred ownership of the company to his employees in 2010 through an employee stock ownership plan, or ESOP.
Rose-Hulman honored Gilbert with a career achievement award in 2005.
Ohri started at SEP as a software engineer in 1993 and rose through the ranks as project manager, vice president of engineering and president.
“We definitely picked the right person to lead SEP,” Gilbert said in written comments. “Not only does he have an excellent skill set, but he has a deep understanding of SEP at the core.”