Software
News
10/25/2010
12:25 PM
Connect Directly
RSS
E-Mail
50%
50%

Ex-Oracle President Phillips Takes Helm At Infor

Charles Phillips has been named CEO at Infor, a $2 billion enterprise software company focused on CRM, ERP and lifecycle management applications.

Ten weeks after resigning from Oracle, respected software-industry executive Charles Phillips has been named CEO at Infor, a relatively low-profile $2 billion enterprise-applications company that focuses on mid-sized companies.

In its carefully worded press release announcing Phillips' appointment, privately held Infor avoided making any explicit references to whether it plans to leverage its new CEO to escalate Infor's level of competition with Oracle, where Phillips was president for most of his seven years with the company and a key force in its 300% growth during that time.

Instead, Infor emphasized that track record of growth and how it will complement its own strength in the mid-market, its huge base of 70,000 customers in 125 countries, its upcoming upgrades to its products, and its own extensive track record of growth through acquisitions, which includes the integration of 70 companies.

Former CEO Jim Schaper, who will continue as Infor chairman, said in the press release that Phillips brings to Infor "the diverse skill set, direct industry experience, and track record of performance necessary to lead the company to continued growth." And while describing Phillips as a "true visionary in the technology industry" with "a unique perspective," Schaper chose not to refer to Oracle by name but rather said that Phillips had gained much of that experience "at one of our leading industry peers."

Infor's primary shareholder is Golden Gate Capital, and that firm's managing director, David Dominik, said in the press release, "We welcome Charles' tremendous management experience at a leading public global technology company and look forward to supporting him as Infor accelerates its growth initiatives and unveils new products and services."

Phillips was quotedas saying that his new company "has quietly built the third-largest enterprise applications company in the world" and has not only "higher margins than eight of the top 10 application companies" but also "a track record of leading innovation."

"With over 70,000 customers in 125 countries, including divisions of large corporations, Infor is poised for growth as the next generation platform ships in January," Phillips also said in the press release. "I am eager to lead this proven team of over 8,000 employees through its next phase of growth. In a consolidating industry, Infor has proven acquisition expertise, having successfully integrated over 70 companies."

SEE ALSO:

Hurd In, Phillips Out As Oracle President

Global CIO: In Hurd's Wake, An Ugly Ending For Oracle's Charles Phillips

Oracle's Exec Swap Portends Near-Term Change

Global CIO: Larry Ellison Looms Large Over Put-Down Of Oracle President

Comment  | 
Print  | 
More Insights
Google in the Enterprise Survey
Google in the Enterprise Survey
There's no doubt Google has made headway into businesses: Just 28 percent discourage or ban use of its productivity ≠products, and 69 percent cite Google Apps' good or excellent ≠mobility. But progress could still stall: 59 percent of nonusers ≠distrust the security of Google's cloud. Its data privacy is an open question, and 37 percent worry about integration.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest - July 22, 2014
Sophisticated attacks demand real-time risk management and continuous monitoring. Here's how federal agencies are meeting that challenge.
Flash Poll
Video
Slideshows
Twitter Feed
InformationWeek Radio
Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.