With acquisition, Epicor looks ahead
As the previously announced acquisition of Epicor Software Corporation by investment firm KKR becomes official, the technology company is looking to enter what it believes will be its next phase of growth.
And it has made some executive to moves to realize that goal.
Effective upon the close of the acquisition, Joe Cowan continues as president and CEO of Epicor and has aligned the executive leadership team to take Epicor into this next phase of growth, the company said.
Epicor also announced new and expanded roles for several members of its executive leadership team to further centralize functions that are key to strategy execution:
• Kathy Crusco is taking on an expanded role as COO while retaining her current responsibilities as CFO and executive VP. As COO she will lead the company’s customer support and human resources divisions as well as having other functions reporting directly to her.
• Celia Fleischaker expands her role as chief marketing officer and executive VP beyond corporate marketing to include field marketing, teleprospecting, and product marketing.
• Himanshu Palsule will take on the role of chief product and technology officer and executive VP, expanding his responsibilities to include leading product management in addition to product development, tools and technology.
“As we embark on our first days with KKR as our partner in expanding growth opportunities for our employees, customers and partners worldwide, I am confident in the executive leadership team we’ve assembled,” said Cowan. “This team has a unique opportunity ahead -- with a partner that shares our vision -- to build lasting relationships with customers for life, through cloud-ready, market-leading solutions paired with a world-class customer experience that will drive growth for our customers.”
“With the acquisition now complete, we look forward to continuing the great work already underway with the Epicor leadership team and to help accelerate the company's global growth plans through strong products, partners and customer solutions,” said Herald Chen, member of private equity and head of technology at KKR.