Epicor names management team
Epicor Software Corp., a provider of business enterprise solutions, has named Pervez Qureshi as its CEO, effective immediately. Qureshi served as CEO and president of Activant Solutions Inc., which was combined with Epicor following the acquisition of both companies by funds advised by Apax Partners. The deal closed on May 16, 2011.
Qureshi has served in the role of president and CEO at Activant since 2006. In 2004, he was named Activant’s chief operating officer and executive VP. Prior to Activant, Qureshi was president and founder of a management consulting company. He has also held senior positions at Harvest Software, Metaphor Computer Systems, Hewlett-Packard and IBM.
Epicor also announced the appointment of Kathy Crusco as executive VP and CFO. Crusco joined the former Activant in May 2007, and brings more than 20 years of experience serving in a variety of financial roles at Documentum Inc., Adaptec and Price Waterhouse. Previously, Crusco served as VP of Worldwide Finance for Polycom.
Former Epicor chairman, president and CEO George Klaus will retain the role of chairman and continue to play an important part in the company’s strategic development, according to the announcement.
Epicor Software Corp. delivers business software solutions to the manufacturing, distribution, retail and services industries. Its products include enterprise resource planning (ERP), point of sale (POS), supply chain management (SCM) and human capital management (HCM) solutions.
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I wish him the best of luck.
I wish him the best of luck. It seems to me a demanding business -- one of those things where if everything goes perfectly, nobody cares. But if something goes wrong, everybody notices.
Pervez Qureshi brings over 20
Pervez Qureshi brings over 20 years of management experience to the role so he certainly has the credentials. Many experts have mentioned that the future of ERP is with cloud technology and since Activant specializes in software, the merger can do nothing but improve the software that Epicor provides. The merger backed up with Pervez Qureshi's knowledge spells a bright future for Epicor!!
Lowe’s begins rebuilding in tornado-wrecked Sanford, N.C.
Lowe’s will break ground today on a new Sanford, N.C., store to replace the one destroyed by a tornado more than a month ago, according to press reports.
The 103,000- sq.-ft. store is expected to be completed by September.
The store was hit by one of more than 200 tornadoes that struck 13 states in three days in April. For his quick-thinking during the storm, the store’s manager received a call from President Obama.
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National Hardware Show reports increased attendance
Organizers of the recently completed 2011 National Hardware Show in Las Vegas said a second straight year of increased attendance gives the 2012 show a head start.
The 66th Annual National Hardware Show, which concluded May 12 at the Las Vegas Convention Center, saw an increase in attendance of 4%, according to organizers. Last year’s show saw an increase of 20%. Organizers said they were encouraged by exhibitor bookings for 2012 that are already up 16% from a year ago.
"The increased attendance and increased buying on the Show floor creates a strong foundation for 2012," said Ed Several, senior VP and general manager of the National Hardware Show.
The 2011 National Hardware Show also marked the debut of Independents’ Day — an entire day devoted to independent retailers and their contributions to the home improvement industry. Hardware store owners and other attendees took a break from the action on the show floor to gather around the North American Retail Hardware Association (NRHA) Village stage and share ideas about promoting their businesses in the community.
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