Jda Software, Inc. issued the following announcement on Aug. 13.
JDA Software, Inc. announced the appointment of Kevin Moriarty as executive vice president and Chief Financial Officer (CFO). Moriarty joins JDA on August 13. He most recently served as CFO at Avnet, a Fortune 500 company, leading global technology distributor, and Industrial Internet of Things platform provider, with annual revenue of $25.7 billion.
“It is a pivotal time for JDA as we continue to drive operational excellence and execute on our SaaS transformation and innovation strategy, positioning us for continued growth across all segments of the business. Kevin brings a strong operational, M&A, and capital markets background to JDA which will be of strategic importance to our journey ahead,” said Girish Rishi, chief executive officer, JDA. “Kevin’s expertise and values fully complement our world-class leadership team, and we welcome him with open arms to JDA Nation.”
Moriarty’s extensive experience spans more than 30 years of senior management positions in finance and accounting at leading global companies such as Avnet, Honeywell International, Inc., Bristol-Myers Squibb and PricewaterhouseCoopers. While at Avnet, Moriarty played a critical role in reprioritizing the company’s portfolio with the sale of the Technology Solutions business to Tech Data Corporation and the acquisitions of Premier Farnell and Hackster.IO. He was also instrumental in Avnet’s capital allocation program including instituting a dividend and managing its disciplined share repurchase program.
Moriarty spent more than 10 years at Honeywell, where he led a global team of more than 1,000 finance professionals supporting 95 sites around the world and was heavily involved in several large Honeywell acquisitions and divestitures. Prior to Honeywell, he held accounting and corporate development roles at Bristol-Myers Squibb and was an audit partner at PricewaterhouseCoopers.
“JDA’s strong financial and operational excellence combined with its strategic vision and pivot to SaaS position the company well for growth,” said Moriarty. “It is an exciting time to join JDA and work with a best-in-class management team. I look forward to helping continue JDA’s growth trajectory and sustained financial momentum.”
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