Kofax Appoints Two Software Industry Veterans To Its Executive Management Team
Kofax plc , the leading provider of Intelligent Capture & Exchange solutions, recently announced the appointment of Daniel Lender as its Chief Financial Officer and Jim Nicol as its Executive Vice President of Products. Based at the company's operating headquarters in Irvine, CA, Lender will oversee all of the company's finance and accounting functions on a global basis and Nicol will head worldwide product development, management and marketing activities. The two will report to Reynolds C. Bish, Chief Executive Officer, and Lender will join the company's Board of Directors as its Finance Director.
"Daniel and Jim are seasoned industry veterans who will be instrumental in expanding Kofax's position as the capture market leader and furthering our ability to execute our strategic initiatives," Bish said. "Daniel brings years of proven experience in finance and accounting in a public software company environment as well as relevant experience in sales operations and management. Jim has more than 25 years of experience in developing and delivering enterprise software solutions and products as well as an existing knowledge of the capture market. Both are welcome additions to our executive management team and will enable us to seamlessly move forward with our growth initiatives."
Lender assumes the CFO position from Stefan Gaiser with immediate effect, who is transitioning to an acquisitions and integration role that enables him to stay with Kofax while continuing to reside with his family in Germany. Lender will also be appointed to the Kofax Board of Directors on November 6 replacing Gaiser.
Lender most recently served as Executive Vice President and CFO at QAD, Inc. , a leading provider of enterprise resource planning software and services for global manufacturing companies. Lender previously served in executive management positions with Republic National Bank of New York. He earned an M.B.A. from the University of Pennsylvania's Wharton School and a B.S. in Applied Economics and Business Management from Cornell University.
"Kofax has significant opportunities to expand its market leadership, so it's an exciting time to join the company," said Lender. "I look forward to supporting our revenue growth strategies while providing sound financial management to allow the company to realize its earnings potential and maximize shareholder value."
Nicol assumes the EVP of Products position from Sameer Samat, who has resigned in order to reside with his family on a full-time basis in the San Francisco Bay Area. Prior to joining Kofax, Nicol served as Vice President and General Manager of the Captiva Business Unit within EMC Corporation, and prior thereto as EVP of Product Development at Captiva before its acquisition by EMC. Nicol has also served in executive product development and management roles at several software companies, including FutureTrade Technologies, Previo, Stac, Lotus and IBM. He has a B.S. in Computer Science and an M.S. from California State University, Chico.
"Kofax has a strong record for delivering exceptional capture solutions, and I look forward to continuing that tradition," said Nicol. "I'm excited to work with Reynolds again, this time to expand Kofax's position as the leading provider of Intelligent Capture & Exchange solutions."
The appointments of Lender and Nicol are the latest in a series of major initiatives to further enhance Kofax's market position and growth potential. These include adopting Kofax as a single product brand and company name, restructuring the corporation around global business functions, realigning and better focusing the company's sales resources, and introducing new revenue growth initiatives.
About Kofax
Kofax plc is the leading provider of Intelligent Capture & Exchange solutions. For more than 20 years, Kofax has provided award-winning solutions that automate document-driven business processes by managing the transformation and exchange of business-critical information arising in paper, fax and electronic formats in a more accurate, timely and cost-effective manner. These solutions provide a verifiable return on investment to thousands of customers in financial services, manufacturing, retail, government, healthcare, business process outsourcing and other markets. Kofax delivers these solutions through its own sales and service organizations, and a global network of more than 1,200 authorized partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific. For more information, visit www.kofax.com.
SOURCE: Kofax plc