QAD Inc. (NASDAQ:QADA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
QAD Inc.’s board of directors approved the appointment of Kathy Crusco to its board of directors as an independent director effective December 1, 2019. Ms. Crusco was also appointed to serve on QAD’s Audit and Governance Committees of the board of directors. Ms. Crusco will be eligible to participate in QAD’s compensation program for independent directors of the board as previously disclosed in QAD’s Proxy Statement filed May 9, 2019.
Since December 2017, Ms. Crusco has served as executive vice president and chief financial officer at Kony Inc., a privately-held provider of digital experience applications for banking and low-code application development platform solutions. From August 2016 until November 2017, Ms. Crusco served as executive vice president, chief operating officer and chief financial officer at Epicor Software Corporation, a privately-held software company. Ms. Crusco joined Epicor in May 2011 when the company merged with Activant Solutions Inc., a business management software company where she served as senior vice president and chief financial officer from May 2007 to November 2010, then as executive vice president and chief financial officer. Before joining Activant, she worked for Polycom from 2002 to 2007, rising to the role of vice president of worldwide finance during her tenure. Ms. Crusco has also held a variety of financial roles at Documentum, Inc., Adaptec, Inc. and Price Waterhouse LLP. Ms. Crusco holds a Bachelor of Science in Business Administration with an emphasis in accounting from California State University, Chico. Ms. Crusco is currently a member of the board of directors of Poly, formerly Plantronics, Inc., and Calix, Inc. corporations.
A copy of the press release announcing the appointment is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
|Press Release, dated December 2, 2019|
QAD INC Exhibit
EX-99.1 2 ex_166289.htm EXHIBIT 99.1 ex_166289.htm Exhibit 99.1 FOR IMMEDIATE RELEASE For More Information,…
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About QAD Inc. (NASDAQ:QADA)
QAD Inc. (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management. QAD delivers components of its solution for a range of mobile platforms. The Company’s mobile suite includes a requisition approval solution, a mobile business intelligence solution, mobile browse capability and mobile application monitoring tools to support system administrators. Its mobile browse capability allows users to view, filter and sort data accessible through QAD Browses within QAD Enterprise Applications using mobile devices.