Business Services Industry

Software AG: Changes to the Executive Board

Business Wire, April 29, 2008

* The sales organizations of both business lines will continue and come under the leadership of two board members with differing regional responsibilities

* Mark Edwards is responsible for both business lines (ETS and webMethods) as Chief Operating Officer in region-West

* David Broadbent is responsible for both business lines (ETS and webMethods) as Chief Operating Officer in region-East

* Dr. Peter Kurpick is responsible for the R&D of both business divisions

* David Mitchell, Chief Operating Officer of the webMethods business division, will leave the company

RESTON, Va. -- Software AG's Supervisory Board decided on a new Executive Board structure in today's session. The sales organization of both business divisions, Enterprise Transaction Systems (ETS) and webMethods, will each come under the leadership of two board members with differing regional responsibilities. The region-West (North and South America, Western and Southern Europe) will be the responsibility of Executive Board member Mark Edwards, previously Chief Operating Officer for the ETS business division. The region-East (Northern and Central Europe, Africa, Asia and Australia) will be the responsibility of Executive Board member David Broadbent, formerly the Chief Product Officer of the ETS business division.

Mark Edwards joined Software AG in 1999 and has been an Executive Board member since 2003. David Broadbent has been an Executive Board member since the beginning of 2007 and has been with Software AG for nine years. His regional responsibilities encompass the Asia/Pacific region, including the Japanese and Australian markets. Both Board members have many years of sales experience in the business infrastructure software market. The new organization will drive higher sales efficiency, particularly for the webMethods product suite in Europe and Asia. The management of both sales organizations will concentrate on generating an increased number of larger projects within the service-oriented architecture market.

David Mitchell will leave Software AG's Executive Board at his own request for personal reasons with immediate effect. He was Chief Operating Officer for the webMethods business division at Software AG and previous to that President and CEO of webMethods, Inc., USA.

Dr. Peter Kurpick, the Executive Board member responsible for webMethods R&D, will now assume responsibility for R&D for the ETS business division as well.

Responsibilities of the Executive Board of Software AG

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About Software AG

Software AG is the world's largest independent provider of Business Infrastructure Software. Our 4,000 global enterprise customers achieve business results faster by modernizing, integrating and automating their IT systems and processes. As a result, they rapidly build measurable business value and meet changing business demands. Based on our solutions, organizations are able to liberate and govern their data, systems, applications, processes and services - achieving new levels of business flexibility.

Our leading product portfolio includes solutions for high performance data management, developing and modernizing applications, enabling service-oriented architecture, and improving business processes. By combining our technology with industry expertise and best practices experience, our customers improve and differentiate their businesses - faster.

Software AG has almost 40 years of global IT experience and over 3,600 employees serving customers in 70 countries. The company is headquartered in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW). Software AG posted total revenues of EU621 million in 2007.

Software AG - Get There Faster

COPYRIGHT 2008 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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