Xero has named Tony Stewart to the newly created position of chief data officer. The New Zealand-based cloud accounting software company says in this new role Stewart will be responsible for accelerating automation, business systems roll out and big data innovation. The hiring follows last month's phishing episode in which the company said a small number of users tricked of customers were tricked into disclosing their Xero logons.
Ken Lorenz, whose career has spanned a wide-range of mid-market jobs, has taken a position in business development for vertical ISV relationships for Acumatica. Lorenz has had two stints with SAP. He was with that software vendor from July 2003 through April 2009 and spent his first two years and two months with SAP America as a regional channel manager and finished with three years and 11 months as Business development director - global megachannel.
Edgewater Technology, which has Oracle and Dynamics AX practices, has retained Signal Hill Capital Group to evaluate a hostile takeover launched by Ameri Holdings. In a prepared statement, Edgewater said this week it is aware of an attempt by stockholder, Lone Star Value Investors, to remove certain company directors. "The Board and Company management value input from all of the Company's stockholders," Edgewater said in a prepared statement. Lone Star, led by activist investor Jeff Eberwein, teamed up with Ameri Holdings recently to launch a proxy solicitation.
Cris Nicolli has told the board of directors of UXC that he intends to retire next year after five years as CEO of the Australia-based company. Nicolli, who has been with the company for 12 years, made the announcement while his company is considering a buyout bid from IT services company CSC early in October. The press release announcing Nicolli's decision says he will continue to work with the company to evaluate the CSC offer.
Himanshu Palsule is leaving Sage North American next month after serving as chief technology officer and head of strategy since July 2012. Meanwhile, Sage confirmed that Gabrielle Boko, EVP of global brand experience is gone as well. Palsule has been with the company since 1997, joining Best Software which was then purchased by Sage in 2000. The departure was announced to the channel this week. In a prepared statement, Palsule said, "After many wonderful years at Sage, it is time for me to say goodbye as I start a new journey."