Infor Names Former Oracle President CEO

The hotly contested ERP market received another shakeup today, as Infor named Charles Phillips, formerly president of rival Oracle, as its new CEO, and braced for another round of acquisitions.

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Posted on Oct 25, 2010

ERP provider Infor today named former Oracle President Charles Phillips its new CEO, continuing a round of musical chairs that has roiled the technology sector’s executive ranks in recent months.

Phillips replaces Jim Schaper, who had served as chairman and chief executive of Infor since the company’s inception in 2002. Schaper will maintain his chairmanship, and Phillips will join him on the board of directors.

“I am eager to lead this proven team of over 8,000 employees through its next phase of growth,” Phillips said in a statement. “In a consolidating industry, Infor has proven acquisition expertise, having successfully integrated over 70 companies.”

Sources close to the company, who spoke on the condition of anonymity today, said that under Phillips, Infor has “big plan[s] to ramp up on acquisitions and take advantage of consolidation trend in [the] industry.”

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