Progress Software Corporation Appoints Christopher Larsen Senior Vice President of Global Field OperationsBEDFORD, Mass.--(BUSINESS WIRE)--Sep. 21, 2009--
Progress
Software Corporation (NASDAQ: PRGS), a leading software provider
that enables enterprises to be operationally responsive, today announced
the appointment of
Christopher Larsen as the company’s Senior Vice
President, Global Field Operations. His appointment in this new
executive role is part of Progress' goal to provide a single integrated
and customer-focused, enterprise-level sales, services, and support
organization globally. Reporting to
Rick Reidy, president and chief
executive officer, Larsen will be responsible for all company-wide
sales, pre-sales, alliance, technical support and consulting services.
Rick Reidy said: "My goals are to make our business even more successful
and enhance our growth and profitability. Chris’ appointment
demonstrates my commitment to executing our ambitious growth plans.
Chris brings an outstanding track record of developing, implementing and
executing sales and service growth strategies. With extensive experience
in the software market, he understands how to take an organization to
the next level. He brings that experience to Progress’ global field
organization.”
Chris Larsen noted: “Progress has earned an enviable reputation around
the world for delivering advanced software infrastructure products and
services to enable and manage mission-critical business applications. In
addition, the company has an extensive customer base and an experienced
team, which I’m very excited to become a part of. As the company
continues its rapid evolution, Progress is well-positioned for continued
success. I am looking forward to growing our market share significantly
and increasing customer value by enabling their ability to be more
operationally responsive.”
Until recently, Larsen was President and Chief Operating Officer of
Allegro Development, a provider of energy trading risk management
software. Prior to this role, he was EVP of Global Field Operations at
TIBCO Software.
Before TIBCO Software, Larsen held executive leadership positions with
DecisionOne, VerticalNet and SAP, where he worked over eight years in
nearly every senior sales leadership position culminating in his
appointment to President of SAP America in 1999.
About Progress Software Corporation
Progress Software Corporation (NASDAQ: PRGS) is a global software
company that enables enterprises to be operationally responsive to
changing conditions and customer interactions as they occur – to
capitalize on new opportunities, drive greater efficiencies and reduce
risk. The company offers a comprehensive portfolio of best-in-class
infrastructure software spanning event-driven visibility and real-time
response, open integration, data access and integration, and application
development and deployment – all supporting on-premises and SaaS/Cloud
deployments. Progress maximizes the benefits of operational
responsiveness while minimizing IT complexity and total cost of
ownership. Progress can be reached at www.progress.com
or +1-781-280-4000.
Safe Harbor Statement
Except for the historical information and discussions contained herein,
statements contained in this release may constitute "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements, which include statements regarding
the company’s business outlook, involve a number of risks, uncertainties
and other factors that could cause actual results to differ materially,
including but not limited to the following: the receipt and shipment of
new orders; the timely release of enhancements to the company's
products; the growth rates of certain market segments; the positioning
of the company's products in those market segments; variations in the
demand for professional services and technical support; pricing
pressures and the competitive environment in the software industry; the
weakness in the U.S. and international economies, which could result in
fewer sales of our products and may otherwise harm our business;
business and consumer use of the Internet; the company’s ability to
attract, incent and retain highly skilled managerial, technical and
marketing personnel and the success of those personnel in implementing
the company’s business plans; the company’s ability to complete and
integrate acquisitions; the company’s ability to realize the expected
benefits and anticipated synergies from acquired businesses; the
company's ability to penetrate international markets and manage its
international operations; and changes in exchange rates. The company
undertakes no obligation to update information contained in this
release. For further information regarding risks and uncertainties
associated with the company's business, please refer to the company's
filings with the Securities and Exchange Commission.
Progress is a registered trademark of Progress Software Corporation or
one of its affiliates or subsidiaries in the U.S. and other countries.
Any other trademarks contained herein are the property of their
respective owners.
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Source: Progress Software Corporation
Progress Software Corporation
John Stewart, 781-280-4101
jstewart@progress.com
or
LEWIS
PR
Rich Young, 617-226-8840
progresssoftware@lewispr.com
