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11.08.2010 | 12:55
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Software AG Announces a New Management Structure, Geared for Rapid Growth

  • Mark Edwards appointed to Chief Executive Officer Americas and Asia Pacific/Japan
  • David Broadbent adds the UK, France and Spain to his responsibilities

Software AG (FWB:SOW), a leader in Business Process Excellence, today announced the appointment of Mark Edwards to Chief Executive Officer Americas, Asia Pacific & Japan. In this role, Edwards will be responsible for all sales and customer relationships of Software AG and IDS Scheer in these regions. The company also announced that David Broadbent will assume responsibility for the UK, Spain and France in addition to his other EMEA territories. The two UK based executives are now responsible for all regions outside of Germany, Switzerland & Austria.

Mark Edwards joined Software AG in 1999 as Managing Director of the UK operations. In 2003, he was invited to join the Executive Management Board. Edwards was most recently Chief Operating Officer for both the ETS and webMethods business divisions for Region West (North America, Latin America, Western and Southern Europe).

David Broadbent joined Software AG in September 1999 as a Sales Manager in the UK. He was appointed to the Executive Board in January 2007 and was responsible, as Chief Operating Officer, for business in Region East (Asia/Pacific, Nordic, Central Europe and South Africa) since early 2008.

In addition, both Broadbent and Edwards have been named to the new top leadership team: the Group Executive Board (GEB). The GEB will serve as the operational management body of Software AG. Karl-Heinz Streibich, CEO of the Software AG group, is Chairman of the Group Executive Board.

Software AG has annual revenues of more than one billion US Dollars and about 6,000 employees in seventy countries. It is expected that Software AG will exceed the €1 billion revenue mark this year, up from €438 million in 2005.

This enhanced management structure reflects the increased size of Software AG and is adaptable to the continuing rapid growth of the enterprise.

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About Software AG

Software AGis the global leader in business process excellence. Our 40 years of innovation include the invention of the first high-performance transactional database, Adabas; the first business process analysis platform, ARIS; and the first B2B server and SOA-based integration platform, webMethods.

We are unique in offering the world''s only end-to-end – and easiest to use – business process management (BPM) solutions, with the lowest total cost of ownership. Our industry-leading brands,ARIS, webMethods, Adabas, Natural and IDS Scheer Consulting, represent a unique portfolio for: process strategy, design, integration and control; SOA-based integration and data management; process-driven SAP implementation; and strategic process consulting and services.

Software AG had revenues of €847 million in 2009 and has more than 6,000 employees serving 10,000 enterprise and public institution customers across 70 countries. Our comprehensive software and services solutions allow companies to continuously achieve their business results faster. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).

About IDS Scheer

IDS Scheer is part of the Software AG Group and a leading provider of business process management (BPM) software, solutions and services for corporations and public organizations worldwide. With the ARIS Platform for Process Excellence, the company offers an integrated, comprehensive solution portfolio for the strategy, design, implementation and controlling of business processes, allowing companies to continuously improve their overall business performance. Utilizing the ARIS Value Engineering (AVE) approach, IDS Scheer consultants bridge the gap between corporate strategy, business processes, IT solutions and process controlling.

Software AG - Get There Faster

Detailed press information about Software AG including a picture and multimedia database are available at: www.softwareag.com/de/press

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6393596&lang=en

Contacts:

Software AG
Paul Hughes
paul.hughes@softwareag.com
Director Media Relations
Telephone +49 (0) 6151 92-1787
Fax +49 (0) 6151 92-1623
or
Norbert Eder
norbert.eder@softwareag.com
Vice President Corporate Communications
Telephone +49 (0) 6151 92-1146
Fax+49 (0) 6151 92-1623


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Link: http://www.finanznachrichten.de/nachrichten-2010-08/17665617-software-ag-announces-a-new-management-structure-geared-for-rapid-growth-004.htm