CIMdata PLM Industry Summary Online Archive

November 11, 2005

Company News

Geac Appoints Doug Ring Chief Technology Officer

Geac Computer Corporation Limited, a global enterprise software company dedicated to addressing the needs of CFOs, announced the appointment of Doug Ring as Chief Technology Officer (CTO). Mr. Ring, who was previously Vice President of Technology, has been with Geac for nearly a decade.

"Distinguished Harvard Business School Professor Michael Porter explains that, 'companies have to find ways of growing and building advantages rather than simply eliminating disadvantages.' A significant part of this at Geac is strategic innovation. In the software business, new products based on new technology or designed to extend the value of existing solutions are critical to success. We have established the Office of the Chief Technology Officer to act as a catalyst for technologic and business change. Our CTO is charged with the mission-critical task of drawing up the blueprint for the use of technology to support our business objectives and the important objectives of our customers," said Tim Wright, Chief Executive of EMEA and AP. "In his notable tenure at Geac, Doug has played a critical role supporting me in designing technologies and applications that extend the value of Geac's core applications, and he has been instrumental in defining the overall technology strategy for the Company. With an expanded commitment to new technology assessment, innovation, partnerships and product marketing, our focus on our customers is strongly reinforced by this appointment."

Geac recently announced that contracted sales of internally developed new products accounted for approximately 29% of software license revenue in the first quarter of FY 2006. This is evidence that the Company's product innovation, and its commitment to extending the financial value chain with performance-driven capabilities are achieving results.

In his new role as CTO, Mr. Ring will be responsible for monitoring and assessing new technologies, helping to drive innovation across the organization, strategic partnership development and marketing with industry analysts and relevant trade media. Mr. Ring will serve as an advisor to senior executives and will report directly to Charles Jones, President and CEO of Geac.

Mr. Ring has been with the company since 1996, when Geac acquired Dun & Bradstreet Software, where he served as the Director of Emerging Technologies. While at Geac, Mr. Ring's technology assessments and counsel have provided strong direction for potential acquisitions. Following the Company's acquisitions of Comshare and Extensity, in the Performance Management arena, Mr. Ring was instrumental in technology integration efforts and has been invaluable in expanding Geac's capabilities in the financial value chain. Mr. Ring has negotiated and managed key technical relationships including Microsoft, IBM and Lombardi, among others, and has been actively involved in the communication of technology strategy to press, industry analysts, senior management, partners and customers.

Prior to joining Geac, Mr. Ring spent five years consulting with a number of leading companies including Holiday Inn Worldwide, the Los Angeles Times, and Mattel Toys. He started his career at Canada Mortgage and Housing. Educated in Canada, Mr. Ring has a diploma in Civil Resources Engineering and a certificate in Commercial Diving from Seneca College in Toronto. He has a diploma in Information Technology from Algonquin College in Ottawa.

 

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