Epicor Chalks Out Major Expansion Plan
Epicor is going great guns; after it had announced the acquisition of the company by global investment firm KKR, it now has formally announced the completion. Following this, Joe Cowan, the continuing CEO and President, has got a new leadership team in place, which it feels will take the company for the next phase of growth. In fact, some of the senior members have been given an expanded set of responsibilities for the reason. And recently, TMCnet gave the company an A+ rating in the 2016 Tech Culture Awards, for its extremely developmental and learning focused company culture, which helped employees in expanding their own skillsets throughout their careers.
KKR as a company, manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds. It aims to generate an attractive investment returns by following a patient and disciplined investment approach, and having employees to match to match and overcome those challenges.
With Epicor capabilities of making sector specific technology solutions (primarily for manufacturing, distribution, retail, and service industry), and the employee focused culture, the deal is supposedly makes for a perfect compliment.Added to this, is that Epicor has a customer base in over 150 nations, where it is focusing on futuristic cloud-centered solutions for the multiple industries, painting a clear optimistic picture of its future prospects of growth.
Epicor has also been making some big time changes in it’s management including building a new team, and getting senior members expanded roles. With a clear focus on accelerating growth internationally, the company is looking at expanding its channel business, and that of its shared services capabilities through centers of excellence.
According to a company statement, Kathy Crusco is taking on an expanded role as Chief Operating Officer (COO) while retaining her current responsibilities as Chief Financial Officer (CFO) and Executive Vice-President. As COO she will lead the Company’s customer support and human resources divisions as well as having other functions reporting directly to her.
Celia Fleischaker has been assigned the role as Chief Marketing Officer and Executive Vice-President beyond corporate marketing to include field marketing, tele-prospecting, and product marketing. Also, Himanshu Palsule will drive growth and innovation as Chief Product and Technology Officer and Executive Vice-President, expanding his responsibilities to include leading product management in addition to product development, tools and technology.
Epicor has also been known for its people centric work culture, which recently got it notary from industry focused media as well. They received an A+ rating from TMCnet, citing its employees who say that working for the Company feels like being part of a small entrepreneurial team, rather than the full-fledged, global enterprise that it is.
The company mentioned, it is passionate about offering personal development opportunities to team members and inspiring all employees to continue expanding their skillsets throughout their careers. Epicor employees know that with innovative learning approaches and relevant content, they can individually contribute to the success and development of the entire organization.
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