Manhattan Associates, Inc. (Nasdaq: MANH), the global leader in providing supply chain execution and optimisation solutions, has appointed Steve Norton to the post of senior vice president (SVP) and chief financial officer (CFO), effective February 15, 2005. Ed Quibell, Manhattan Associates current CFO, will take on an expanded and focused role as SVP of mergers and acquisitions as well as business performance improvement for the company. Both will report directly to Pete Sinisgalli, Manhattan Associates president and chief executive officer (CEO).
"Ed has done an outstanding job as our CFO for the last three years, seeing us through a time of growth and solid financial management, said Sinisgalli. "As we have stated, mergers and acquisitions are a component of our growth strategy. Given Eds leadership in recent acquisitions, and the operations leadership that he brought to Manhattan Associates in 2001, I have asked Ed to take on this broader role to lead our M&A activity as well as help us drive additional performance improvements across our organisation, added Sinisgalli.
Mr. Norton is currently executive vice president (EVP) and CFO for Concurrent Computing, an Atlanta-based, publicly traded technology company that offers real-time computing and video-on-demand solutions. He has served as Concurrents CFO for the past five years. Prior to Concurrent, Mr. Norton was vice president of finance for LHS Group, which he helped take public. He began his career in public accounting where he spent more than a decade with KPMG and Ernst & Young LLP.
"We are excited to have someone with Steves history of success join Manhattan Associates' executive team as CFO, said Sinisgalli. Steves background and experience are well suited to lead our fiscally responsible organisation and work with the investment community."