Amber Road Announces Changes to Management Team and Board of Directors
17 Luglio 2014 - 10:05PM
Business Wire
Nathan Pieri Appointed Chief Product Officer;
Cho Ying Davy Ho Joins Board of Directors; President, Chief
Operating Officer and Co-Founder John Preuninger to Step Down
The Company Announces Preliminary Second
Quarter 2014 Financial Results to Exceed Prior Guidance Ranges
Amber Road, Inc. (NYSE: AMBR), a leading provider of global
trade management (GTM) solutions, today announced the appointment
of Nathan Pieri as Chief Product Officer and the appointment of Cho
Ying Davy Ho to its Board of Directors. John Preuninger will be
stepping down from his positions as President and Chief Operating
Officer and as a member of the Board of Directors, effective July
24, 2014, to pursue other personal and professional
opportunities.
“We would like to thank John for his leadership and dedication
in building the business,” said Barry M. V. Williams, Chairman of
the Board of Directors of Amber Road. “John’s contributions were a
significant component in successfully bringing Amber Road through
the initial public offering earlier this year. On behalf of the
entire Amber Road team, we wish John well in all his future
endeavors.”
“I am confident about our current position and the significant
growth potential for the business, and I feel now is the right time
to step away from my day-to-day duties within the company,” said
John Preuninger. “As I reflect back on the growth and development
of the organization, I am very proud to have been a co-founder and
the President of Amber Road, building the company’s current
leadership position, while helping our customers more effectively
manage the complexity of their global trade operations.”
Cho Ying Davy Ho, executive director of Swire Properties
Limited, has joined Amber Road’s Board of Directors as an
independent director. With China’s ascendance as the world’s
largest trading economy, Mr. Ho’s experience in managing trade
logistics within the region is intended to bolster Amber Road’s
share of this growing market, following its September 2013
acquisition of EasyCargo (Shanghai) Co., Ltd., a SaaS company
focused on China Trade Management.
Mr. Ho joined the Swire group in 1970 and has worked for the
business development group in Hong Kong, Mainland China and Taiwan.
Before assuming his current position as a Director of Swire
Properties Limited, he had been a Director of Swire Pacific Limited
from 1997, of Hong Kong Aircraft Engineering Company Limited from
1999 and of John Swire & Sons (HK) Limited from 1995. He was
also Chairman of the Swire group’s Taiwan operations and of a
number of Group companies with shipping and travel interests. Mr.
Ho joined Swire Properties Limited in 2010 with responsibility for
developing government and joint venture relationships.
“With significant leadership positions at various multi-national
companies within the Swire group, Davy has vast expertise in
shipping and logistics, particularly in the greater China region. I
expect China will play a significant role in Amber Road’s long-term
growth strategy, and we look forward to benefitting from Davy’s
experience,” said Williams.
Additionally, the company announced that it has appointed Nathan
Pieri as Chief Product Officer. He will report directly to CEO Jim
Preuninger and will be a member of the Amber Road senior management
team. Mr. Pieri returns to Amber Road after two years as Senior
Vice President of Portfolio Product Management & Software
Delivery for Triple Point Technology. For a ten-year period, Nathan
worked as Amber Road’s Senior Vice President, Marketing and Product
Management and was responsible for product strategy and global
marketing. Prior to his first appointment with Amber Road, he held
senior marketing and product management roles at other enterprise
software companies such as Celarix and Baan (Infor). Earlier in his
career, Mr. Pieri was a strategy and supply chain management
consultant at Coopers & Lybrand and held various operating
roles at General Electric, where he started his career in the
manufacturing management program.
“Nathan’s expertise in supply chain management and enterprise
software development, along with his familiarity with Amber Road,
are vital assets as he will lead the product development, global
trade content and professional services teams worldwide,” said Jim
Preuninger, CEO of Amber Road. “Nathan is a great complement to our
existing senior management team who have unmatched experience
across the development, delivery and service of global trade
management solutions.”
Amber Road today also announced preliminary unaudited financial
results for the quarter ended June 30, 2014. The company currently
expects to exceed the guidance ranges given on May 13, 2014. These
financial results are preliminary in nature, are subject to the
company completing its second quarter review process, and are
subject to change. The company expects to release its second
quarter 2014 financial results after the market closes on August 7,
2014.
About Amber Road
Amber Road's (NYSE: AMBR) mission is to dramatically change the
way companies conduct global trade. As a leading provider of cloud
based global trade management (GTM) solutions, we automate import
and export processes to enable goods to flow across international
borders in the most efficient, compliant and profitable way. Our
solution combines enterprise-class software, trade content sourced
from government agencies and transportation providers in 139
countries, and a global supply chain network connecting our
customers with their trading partners, including suppliers, freight
forwarders, customs brokers and transportation carriers. We deliver
our GTM solution using a Software-as-a-Service (SaaS) model and
leverage a highly flexible technology framework to quickly and
efficiently meet our customers' unique requirements around the
world. For more information, please visit www.amberroad.com, email
Solutions@AmberRoad.com or call 201-935-8588.
This press release includes forward-looking statements. Such
forward-looking statements, including with respect to preliminary
results for the quarter ended June 30, 2014, are subject to risks
and uncertainties that could cause actual results to differ
materially from those expressed or implied in such statements.
Applicable risks and uncertainties include those identified in our
filings with the Securities and Exchange Commission (SEC),
including, without limitation, our periodic and current SEC
reports. The forward-looking statements contained in this press
release reflect Amber Road's current views with respect to future
events, and Amber Road does not undertake and specifically
disclaims any obligation to update any forward-looking
statements.
ICRInvestor Relations Contact:Staci Mortenson,
203-682-8273Staci.Mortenson@icrinc.comorMedia
Contact:Jennifer Long, 203-682-8289Jennifer.Long@icrinc.com
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