Houston, United States:
Gene Austin to resign as CEO and turn out to be Chairman of the Board
Paul Langenbahn, President of Quorum, to turn out to be CEO
Moves are designed to propel cloud-first, linked expertise imaginative and prescient and catalyze subsequent section of development
Quorum Software (Quorum), a world software program chief devoted to the vitality trade, introduced in the present day that Chief Executive Officer Gene Austin might be stepping down from this place to turn out to be the corporate’s Chairman of the Board of Directors and President Paul Langenbahn will succeed Austin and function each President and CEO. This transition might be efficient October 1.
“It has been an honor and a privilege to serve as Quorum’s CEO,” stated Austin. “The tremendous growth over the past four years including six successful acquisitions and the merger with Aucerna, has positioned Quorum as a global market leader in energy software, exceeding company growth targets year-over-year. Working alongside Paul for the last year and the wealth of executive experience he brings from enterprise technology companies, I can say with certainty that he is the right leader to continue driving Quorum’s vision and growth strategy.”
Langenbahn has served as President of Quorum since May 2021, the place he’s primarily accountable for overseeing the corporate’s worldwide customer-facing operations. He has an in depth background in senior management roles in administration, gross sales, {and professional} companies for international enterprise expertise suppliers, together with President of the Commerce business unit of NCR Corporation and President of the hospitality division of Radiant Systems.
“I would like to thank Gene and the Board for the opportunity to lead Quorum through this next phase of growth for the company and industry transition,” stated Langenbahn. “It’s an exciting time in oil and gas with the accelerated need for cloud-based digital transformation to deliver fast, accurate, decision-ready data to power critical operations for energy companies around the world. I’m confident that the direction Gene forged, coupled with the sophistication of our best-in-class solutions, have positioned us well for long-term success.”
“We are tremendously grateful for Gene’s many great contributions to Quorum and the foundation he laid for the company’s next phase of growth,” stated Scott Crabill, Managing Partner, Thoma Bravo. “We look forward to partnering with Paul and the leadership team to continue that momentum and advance the company’s mission of transforming the business of energy through technology.”
To study extra about Quorum, go to www.quorumsoftware.com.
About Quorum Software
Quorum Software is a number one supplier of vitality software program worldwide, serving greater than 1,800 clients throughout the complete vitality worth chain in 55 nations. Quorum’s options energy development and profitability for vitality companies by connecting individuals, workflows, and methods with decision-ready information. Twenty years in the past, we delivered the trade’s first software program for gasoline plant accountants, and in the present day our options streamline business operations with trade ahead information requirements and integrations. The international vitality trade trusts Quorum’s specialists and functions to efficiently navigate the vitality transition whereas delivering worth in the present day and into the long run. For extra info, go to quorumsoftware.com.
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