Charles Cumbaa, EVP of corporate and product strategy, plans to retire from Blackbaud on March 31. The Charleston, S.C.-based nonprofit software company says until then Cumbaa will continue in his position while assisting with the transition of his responsibilities. He joined Blackbaud in May 2001 as SVP of products and services and held that position through January 2010. Cumbaa then was president of the company's Enterprise Customer Business Unit through April 2012 when he became SVP of New Business Ventures. He kept that title when he stepped into his current job in March 2014.
Accounting firm Armanino has become a reseller for Coupa Software. The San Ramon, Calif.-based accounting firm and Coupa have worked on joint projects during the last year. In a prepared statement, Dave Burlington, Armanino Cloud Solutions partner, said the companies joined to provide a "seamless ERP and procure to pay solution for growing organizations." Armanino joins the Big Four and consulting firms such as Accenture as Coupa implementation partners.
Epicor Software has named Celia Fleischaker as chief marketing officer. Fleischaker was previously SVP of global marketing for Epicor. A long-time employee, she joined Epicor when it was still known as Platinum Software when the company purchased FocusSoft in November 1997. She had joined the latter company in May 1996. Fleischaker held her previous title from January 2010.
The move of customers from licenses to cloud subscriptions dented results at software vendor QAD for the first quarter ended April 30. The company lost $2.7 million, compared to net income of $549,000 in last year's corresponding period. CFO Daniel Lender said results were also hurt by lower-than-expected services utilization as projects slipped out of the quarter and by a $1.4-million negative currency impact.