Software AG Announces Expansion of Board of Directors for Strategy Acceleration Phase with Joshua Husk Appointed CRO and Dr. Benno Quade Appointed COO

ByLance T. Lee

Jul 15, 2022
  • Industry leader with track record of global growth joins sales organization

  • Outstanding internal candidate with intimate knowledge of Group strategy appointed to oversee all operational activities

RESTON, Go. & DARMSTADT, Germany, July 15, 2022–(BUSINESS WIRE)–Software AG (Frankfurt MDAX®: SOW) today announces that Joshua Husk has been appointed CRO of Software AG and will become a member of the Group Board of Directors. The Company also announces the appointment of Dr. Benno Quade as Group COO and member of the Board of Directors. The appointments will expand Software AG’s board of directors to six members and will be effective as of August 1, 2022.

Joshua Husk is a proven sales leader who has built and scaled sales teams in highly competitive markets. He has had a distinguished career, holding leadership positions at major software players including First Data Corporation, IBM, Intel, Oracle and most recently at cloud company, Samba Nova. He has experience spanning all go-to-market functions including direct sales, alliances and channels, product management and inside sales.

Joshua also has extensive experience leading sales organizations through transformation. In this regard, he has a skill set perfectly suited to the needs of Software AG’s Helix transformation strategy as it moves into its acceleration phase, with a strong track record of delivering new business success; allow for development and expansion programs; improve sales productivity; achieve strong alliance and channel contributions; and build value-creating renewal teams. Each of these capabilities aligns with a key area of ​​Software AG’s transformation plan, which, launched in 2019, is now delivering consistent revenue and profit growth for the first time in over a decade.

Joshua replaces Scott Little, who joined Software AG in 2019 and made a significant contribution to the Group’s transformation. Scott is now leaving Software AG to pursue another opportunity outside of the company.

An outstanding internal candidate, Dr. Benno Quade has been with Software AG for 10 years and knows his business and its transformation strategy inside out. He has served as Chief Legal Officer, Chief Operating Officer for the go-to-market organization and most recently served as Director of Customer Success. The creation of this new role is an evolution of the Group’s focus on simplification, operational excellence and margin expansion, and will bring responsibility for all operational and project management activities to the Board.

Sanjay Brahmawar, CEO of Software AG, commented:

“Joshua’s focus on ultra-precise execution, productivity and customer success aligns perfectly with the demands of this acceleration phase of our strategy, and as a member of our Board of Directors, he will be able to start making positive changes immediately. I am sure Benno will also have a huge impact on our operational excellence activities and support our continued margin expansion. I would like to welcome them to their new roles and also thank Scott for his commitment and contributions to Software AG during his time here. We wish him all the best in his next role.”

Christian Lucas, Chairman of the Software AG Supervisory Board, said:

“Joshua’s appointment represents a significant milestone in the development of Software AG. Benno has been instrumental in the success of Software AG’s customer success and operational excellence program. The Supervisory Board looks forward to working with Joshua and Benno and to see their impact on the business first hand in hand as the Group continues its transformation.”

Joshua Husk, new CRO of Software AG, commented:

“I am extremely excited to join Software AG at this pivotal moment in the Helix strategy. The company has built a solid foundation and its products are generating an incredible level of demand in the market. I look forward to helping the organization to turn that demand into even more effective results, and I can’t wait to get started.”

Dr. Benno Quade, Software AG COO, commented:

“I am excited to take on this new role and continue to drive operational excellence at Software AG. We have made significant improvements in this area over the past few years, and with all of our operational roles in one coordinated area of ​​the Board of Directors, we will see even more progress towards sustainable and profitable growth in the future.”

About Software AG

Software AG is the software pioneer of a truly connected world. Since 1969, he’s helped more than 10,000 organizations use software to connect people, services, systems and devices. Software AG enables truly connected enterprises to use integration and APIs, IoT and analytics, and business and IT transformation. Software AG’s products establish a seamless flow of data that allows everything and everyone to work together. The company has more than 4,800 employees in more than 70 countries and an annual turnover of more than 830 million euros. It is committed to achieving its ambition of exceeding one billion euros in organic revenue and achieving an organic operating margin (EBITA, non-IFRS) of between 25 and 30% in 2023.

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See the source version on businesswire.com: https://www.businesswire.com/news/home/20220714005919/en/

contacts

Dr Astrid Kasper
Senior Vice President, Corporate Communications, Sustainability and Public Affairs
Email: [email protected]
Such. : +49 6151 92-1397

Dorothee Tschampa
Senior Manager, Financial Communications
Email: [email protected]
Such. : +49 6151 92-1575



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