Thursday, October 1, 2009

Emptoris Taps Former PeopleSoft (PSFT) Exec as CEO - Spend Management Software Company


Patrick D. Quirk, an executive with more than 25 years experience in technology, ERP and supply chain software businesses, has been appointed Chief Executive Officer of Emptoris, Inc.

Quirk previously served as General Manager and Group Vice President of Supply Chain Management (SCM) Products and Technology at PeopleSoft, Inc., where he oversaw the acquisition of JD Edwards by PeopleSoft for $1.7 Billion, one of the largest software acquisitions in ERP and PeopleSoft history. At PeopleSoft, Quirk was responsible for an organization of 500+ professionals globally and oversaw all aspects of the SCM business including product strategy, product development, marketing and global support.

Under Quirk’s leadership, the company’s Supply Chain Management (SCM) solutions received consistently high customer satisfaction ratings (91%) – and were in the top 10 selling modules out of more than 375 PeopleSoft products.

Prior to PeopleSoft, Quirk served as Vice President of the Americas for Aspect Development, which was acquired by i2 Technologies for $9.4 Billion, in one of the largest software acquisitions in history. At Aspect, Quirk helped create the SRM marketplace and tripled revenues over three years, selling primarily to Fortune 500 companies. Post-acquisition, Quirk served as Vice President of Marketplaces for i2 Technologies, the publicly traded supply chain management software and services company.

Quirk joins Emptoris from Golden Gate Software, a leading provider of data integration solutions, which recently was sold to Oracle Corporation, a process Quirk was closely involved with as Senior Vice President of Worldwide Sales. Earlier in his career, Quirk served as a Group Sales Manager at Oracle Corporation itself, where he managed close to fifty of the world’s leading OEMs and was honored as Oracle’s “Worldwide Manager of the Year.” He was responsible for launching Oracle’s first ERP release with a focus on strategic OEMs. Quirk was also EVP of Worldwide Operations at Keynote Systems Inc., a leader in providing services that improve online business performance and customer experience.

“Patrick Quirk is the perfect Chief Executive for Emptoris, with significant ERP and supply chain software experience, and a proven ability to help grow businesses organically and to manage strategic acquisitions and integrations,” said William Atkinson, Chairman of the Board of Directors at Emptoris, Inc. and the Group President of Technology at Marlin Equity Partners.


“We are honored to have him as the leader of Emptoris, and believe our customers will be excited by his vision and his proven track-record in delivering world-class customer service and customer satisfaction.”
Emptoris is consistently recognized by independent research firms as providing the market's most robust and proven supply and contract management software solutions. The company’s spend analysis, sourcing, services procurement and contract management solutions are used by Global 2000 companies in more than 90 countries. According to one recently published independent research brief, "Emptoris has continued to increase its new client list and has a customer retention rate greater than 90%. In fact, Emptoris grew revenue an impressive 20% in 2008."

“I’m honored to have the opportunity to lead a company of the caliber of Emptoris. Emptoris has a strong history of innovation, a long history of successful implementations at Global 2000 companies, and a world-class development team. We plan to harness those capabilities to their fullest extent to ensure we are maximizing the value we deliver to companies,” said Patrick Quirk, Chief Executive Officer of Emptoris, Inc. “Expect us to continue to be aggressive and creative in ensuring that Emptoris is at the forefront of delivering product innovations and capabilities that help global companies impact their bottom-line and mitigate risks.”
“Global companies want to leverage their existing technology investments – and are always looking for new ways to take costs out of their business and improve efficiency. We’re committed not just to supplying our customers with solutions, but to ensuring that those solutions deliver measurable value and a true competitive advantage,” said Quirk.

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