Software AG
Software AG expands Executive Board: Eric Duffaut appointed as Chief Customer Officer
Software AG / Key word(s): Change of Personnel 21.08.2014 18:38 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc Release Software AG expands Executive Board: New Chief Customer Officer appointed August 21st, 2014. Software AG's Supervisory Board has appointed Mr. Eric Duffaut (52) as member of the Executive Board (Vorstand), effective as of October 2014. He will be responsible as Chief Customer Officer for Software AG's global sales, consulting services and marketing. With the appointment of Duffaut, Software AG is now bundling all go-to-market activities in order to accelerate the transformation of the company to a totally customer centric organization. This new organizational structure will significantly strengthen the direct sales execution capabilities as well as the development of a partner eco-system and cloud offerings. Software AG expects to better leverage the leading position of its product portfolio. Duffaut previously held global sales leadership positions at Oracle and SAP, most recently as Corporate Officer and President of SAP's global partner eco-system. His knowledge of the global software industry, proven leadership skills and total customer centric management approach makes him ideal for this new position. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: PRESS RELEASE Software AG expands Executive Board: New Chief Customer Officer appointed Darmstadt, August 21, 2014 - Software AG's Supervisory Board has appointed Mr. Eric Duffaut (52) as member of the Executive Board (Vorstand), effective as of October 1st, 2014. He will be responsible, as Chief Customer Officer, for Software AG's global sales, consulting services and marketing. Chairman of the Supervisory Board, Andreas Bereczky, said: 'With Eric Duffaut we were able to win a high-profile executive with many years of distinctive international management and sales experience in the software industry.' Karl-Heinz Streibich, CEO of Software AG, said: 'With the appointment of Eric Duffaut we are bundling all our go-to-market activities. This will accelerate our transformation to a totally customer centric organization. Through this new organizational structure we will better utilize the leading position of our product portfolio. We will significantly strengthen our direct sales execution capabilities as well as the development of our partner eco-system.' Eric Duffaut previously held global sales leadership positions at Oracle and SAP, most recently as Corporate Officer and President of SAP's global partner eco-system. His knowledge of the global software industry, proven leadership skills and total customer centric management approach makes him ideal for this new position. ### About Software AG Software AG (Frankfurt TecDAX: SOW) helps organizations achieve their business objectives faster. The company's big data, integration and business process technologies enable customers to drive operational efficiency, modernize their systems and optimize processes for smarter decisions and better service. Building on over 40 years of customer-centric innovation, the company is ranked as a leader in fourteen market categories, fueled by core product families Adabas-Natural, ARIS, Alfabet, Apama, Terracotta and webMethods. Software AG has more than 4,600 employees in 70 countries and had revenues of EUR973 million in 2013. Software AG - Get There Faster Software AG | Uhlandstraße 12 | 64297 Darmstadt | Germany Detailed press information about Software AG, including a picture and multimedia database, is available under: www.softwareag.com/press Follow us on Twitter Software AG Germany| Software AG Global Contact: Barbara Koegler Paul Hughes Senior Vice President Corporate Director Media Relations Communications Uhlandstrasse 12 Uhlandstrasse 12 64297 Darmstadt 64297 Darmstadt Germany Germany Tel: +49 (0) 6151 92 1787 Tel: +49 (0)6151 92 1574 Fax: 49 (0)6151 92 34 1243 Fax: +49 (0)6151 92 34 1243 E-Mail: E-Mail: Barbara.Koegler@softwareag.com Paul.Hughes@softwareag.com http://www.softwareag.com http://www.softwareag.com21.08.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ————————————————————————— Language: English Company: Software AG Uhlandstraße 12 64297 Darmstadt Germany Phone: +49 (0)6151 92-1900 Fax: +49 (0)6151 92-34 1899 E-mail: Investor.Relations@softwareag.com Internet: www.softwareag.com ISIN: DE0003304002 WKN: 330400 Indices: TecDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service —————————————————————————
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