Epicor Software Names New CFO
On Tuesday, Epicor Software introduced that it appointed a new finance chief in the wake of its order by private equity firm Clayton Dubilier & Rice very last 12 months.
Samuel Monti, previous CFO of Khoros, will be signing up for Epicor’s executive team as chief economic officer. Monti has a lot more than 25 years of experience in company finance.
At Austin, Texas-primarily based Epicor, a service provider of enterprise resource planning software package to the production and distribution industries, which include cloud-primarily based ERP, Monti will be accountable for the leadership and administration of all facets of Epicor’s economic group, which include accounting, tax, treasury, economic reporting, and evaluation.
CFO Samuel Monti
“Given Sam’s impressive observe document, we know he is the most effective addition to our team to further more speed up advancement and outcomes on a global scale,” said Epicor CEO Steve Murphy. “As a seasoned CFO, Sam has experience correctly foremost and closing elaborate acquisitions and company transactions, as well as deep operational finance leadership knowledge.”
Monti had been CFO of Khoros, a buyer engagement software package company, considering that April 2018. The company supplies software package for on the web group administration, social media marketing and advertising, and social media analytics. Right before Khoros, Monti was finance chief at Mitratech, a compliance remedy service provider to company authorized experts. Earlier in his job, he was a finance director at Rockwell Automation.
“I am exceptionally excited to sign up for Epicor and its proficient leadership team,” said Monti. “As a really regarded enterprise software package company, Epicor is looking at sizeable advancement. I glance forward to continuing to construct on the momentum developed and adding value to the group for equally employees as well as present and future clients.”
In the push announcement about Monti’s appointment, Epicor underscored his experience supplying economic knowledge essential to natural and organic revenue advancement and sizeable merger, acquisition, and integration tasks. The company also mentioned his experience in giving “financial assistance necessary to raising production capability strengthening production value structure and automating manual procedures.”
Monti replaces David Mehok, who spent two-and-a-half years at Epicor. Mehok remaining soon after KKR marketed Epicor to CD&R for $4.7 billion, a deal that shut in Oct 2020. In November, Mehok was named CFO of Q2, a publicly held company that sells banking-as-a-company items to economic establishments.
The CD&R deal arrived 4 years soon after KKR obtained Epicor from British private-equity firm Apax Partners for $three.three billion.
Epicor made numerous acquisitions beneath KKR, which include facts interchange software package maker 1 EDI Resource and warehouse-administration software package service provider Majure Information.
