Aggressive action is good..
JDA Announces Four Executive Management Appointments to Support Aggressive Growth Plans New Senior VP to Accelerate JDA's Presence in B2B Market
SCOTTSDALE, Ariz., Oct 26, 2000 (BUSINESS WIRE) -- With AMR Research predicting that the global retail applications market will surge from $2.3 billion in 1999 to $12.7 billion by 2004, JDA(R) Software Group Inc. (Nasdaq: JDAS chart, msgs) Thursday announced the expansion of its senior management team to propel the company into an aggressive growth period.
To accelerate JDA's B2B initiatives, the company established a new executive position and promoted Kevin Stadler, the former president and chief executive officer of Intactix, to the role of senior vice president, collaborative business solutions.
JDA also appointed Gregory Morrison to the new position of senior vice president, worldwide regional operations, and Michel Ramis to the new position of regional vice president, Southern Europe.
Another new member to the expanded team is Herbert C. Cline, who recently joined JDA as regional vice president, United States. The company also established two other new senior executive positions: senior vice president, customer support and senior vice president, product development, and is currently recruiting candidates to serve in these roles.
"With retailers transforming to multi-channel companies and aggressively competing to retain and expand their customer base, they are now looking with an even greater frequency and urgency to software providers versus in-house development to support their New Economy infrastructure," commented JDA CEO Jim Armstrong.
"Through aggressive product development initiatives and strategic acquisitions, we have evolved and expanded our product line significantly over the past few years and now enjoy a reputation of continuously delivering more comprehensive products and services than any of our competitors.
"By also expanding our senior management team, we are well equipped to take advantage of the dramatic boom expected in the under-penetrated retail software market over the next five years."
Stadler to Maximize JDA's Potential in B2B Market
Joining JDA as part of the company's April 2000 acquisition of the Intactix space management solutions, Stadler will now lead JDA's delivery of collaborative solutions that enable retailers and manufacturers to work interactively over the Internet to gain greater efficiencies in the retail demand chain.
"JDA has a large and enviable list of blue chip retail and manufacturing clients who are already using the industry's most successful planning, assortment and space optimization applications," said Stadler.
"I am very excited to be leading JDA's efforts to extend the collaborative B2B capabilities of these products as well as to introduce new, high value solutions to the industry. The next wave in retailing requires this retailer/manufacturer synergistic work flow to deliver goods to today's demanding consumers."
Joining Intactix in 1994 when the company had less than 100 clients, Stadler was instrumental in its growth to over 3,000 retail and manufacturing clients today. Prior to Intactix, he spent more than four years at the ACNielsen Marketing Research merchandising group as vice president, sales and consulting.
Stadler's impressive resume also includes work as director of retail systems for Anheuser-Busch, where he designed a space management system that was later installed at more than 650 locations worldwide.
Morrison Fills New Executive Position: Worldwide Regional Operations
In his new role Greg Morrison will have the following regional vice presidents, who previously reported to Armstrong, now reporting to him: John Leduc, regional vice president, Canada; Lyn Schmidt, regional vice president, Asia Pacific; Carlos Teixeira, regional vice president, Latin America; and Nick Jones, regional vice president, Northern Europe, Middle East and Africa (EMEA).
JDA also created a new regional vice president position in Europe and promoted Michel Ramis, to regional vice president, Southern EMEA. With a career rooted in software sales, Ramis has been with JDA since its acquisition of Arthur in 1998 and has been instrumental in securing some of JDA's largest, tier-one deals including Carrefour, Groupe Casino, and Monoprix SA.
When JDA acquired the Arthur business unit from Comshare in 1998, Morrison tackled the role of managing director, JDA Arthur and senior vice president, JDA analytic solutions. Under his leadership, the company successfully capitalized on its investment by profitably achieving significant revenue growth with the Arthur division in a short time frame.
Morrison initially joined the company in 1994 leading JDA's successful entry into Latin America by establishing offices in Mexico and Chile.
Morrison will work closely with Hamish Brewer, who will continue in his role as senior vice president, worldwide sales, and will now assume responsibility for the sale of the Arthur and Intactix product lines in addition to JDA's merchandising, store, B2B, B2C and CRM products. Together, they will ensure that the company accelerates its top line growth.
20 Year Industry Veteran to Lead U.S. Sales
Bringing over 20 years experience in technology marketing and sales, Herb Cline will drive JDA's growth and profit in the retail and manufacturing market. He will report to Greg Morrison.
"We appointed a hard-hitting industry veteran to the U.S. market, which continues to be the world's fastest growing in terms of retail software licenses," commented Armstrong.
"Herb has a long career of consistently delivering top and bottom-line results that exceed aggressive plans in competitive environments." Cline previously served as vice president, managing partner of Trademart Technologies where he took a lead role in building revenue and company growth in the U.S. and Europe by launching retail and e-commerce software products.
He also served for four years as vice president, general manager of the retail group for Siemens (SNI Americas). While at Siemens, he more than quadrupled revenue and turned the division, which had been operating at a loss, to a profit over a two year period. Prior to Siemens, Cline worked for 15 years at Digital Equipment Corp. where he held various senior sales and management positions.
Executive Openings Support New Growth Opportunities
In addition to the above executive changes, Armstrong announced his ongoing commitment to the position of CEO and chairman of the board.
He also confirmed that the following executives would continue in their roles reporting directly to him: Peter Charness, senior vice president, global marketing and chief product officer; Scott Hines, senior vice president, chief technology officer; Kris Magnuson, senior vice president, chief financial officer; and Dave Tidmarsh, senior vice president, consulting services.
Once the two other open senior management positions have been filled, JDA's existing team will have the necessary resources to spearhead several exciting new initiatives while continuing to deliver outstanding value to JDA's extensive global client base.
About JDA Software Group Inc.
With more than 1,000 retail and 2,500 manufacturing clients, JDA Software Group Inc. is the global leader in providing integrated software and professional services that address real-world issues to help multi-channel companies manage their mission critical operations.
By capitalizing on its market position and financial strength, JDA commits significant resources in furthering its next generation of retail intelligent solutions that exploit the power of the Internet to meet emerging business needs.
Founded in 1985, JDA is headquartered in Scottsdale and employs approximately 1,100 associates operating from 26 offices in major cities throughout North America, South America, Europe, Asia and Australia. For more information, visit JDA at jda.com.
This press release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements include: predictions regarding the future growth of the global retail applications market; JDA's ability to deliver more comprehensive products and services than its competition; the emergence of the collaborative solutions market; and the resources of JDA's executive team to spearhead new initiatives while also continuing to expand its value to its existing global client base.
Future events may involve risks and uncertainties, including, but not limited to: uncertainties of forecasts of long-term market growth that can be negatively impacted by numerous economic and market factors; the risk that JDA's competitors, many of which have significantly greater resources than JDA, may develop and acquire more comprehensive and attractive products and services than JDA; uncertainties regarding the growth of emerging markets and JDA's ability to develop and acquire new products directed at such emerging markets; the risk that JDA's executive resources will not be sufficient to respond to the challenges of growing a global business, as well as the risk that JDA will not be able to attract and retain such management resources in a competitive market; and other risks detailed from time to time in the "Risk Factors" section of JDA's filings with the Securities and Exchange Commission.
As a result of these and other risks, actual results may differ materially from those predicted. JDA undertakes no obligation to update information in this release.
"JDA" is a registered trademark of JDA Software Group. Any trade, product or service name referenced in this document using the name "JDA" is a trademark and/or property of JDA Software Group. All other trade, product, or service names referenced in this release may be trademarks or registered trademarks of their respective holders.
Contact:
The Berlin Group
Lawrence Delaney, Jr., 310/577-5282 (Investor Relations)
larry@berlingroup.com
or
JDA Software Group Inc., Scottsdale
Maureen Tuskai, 480/308-3233 (Public Relations)
maureen.tuskai@jda.com
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