Sage has named Peter Biber as global VP of customer experience for its developing Customer Business Centers. Biber, based in Orange County, Calif., has been with Sage since December 2013. His prior job at Sage was as VP of customer experience operations, which he held for a year. From July through October, he was interim VP of the CBC in Atlanta (Lawrenceville, Ga.) In his LinkedIn profile, Biber noted "I will be responsible for growth of the CBCs.
Intuit's executives received hefty hikes in compensation for the year ended July 30. The exception was CEO Brad Smith, who saw his pay fall to slightly more than $16 million for the most recently ended year, a decline of 3.2 percent from $16.5 million for fiscal 2014. However, Smith's total for 2015 was still sharply higher from the $12.5 million he earned for fiscal 2013. Otherwise, the heads of the software company's two divisions and its CFO received double-digit increases, largely as the result of stock awards.
In the face of a hostile takeover bid, Edgewater Technology has authorized the review of choices that could enhance shareholder value. The decision by the board of directors of the Dynamics reseller comes as the company's management faces a hostile takeover attempt by Lone Star Value Investors and Ameri Holdings, which have submitted a bid of $8.50 per share for all of Edgewater's shares. The Edgewater board has unanimously rejected the offer.
The latest game in mid-market software could be "Where are the Sage execs?" And in the latest move, Doug LaBahn has surfaced at Xero as VP of product and partner marketing. LaBahn listed the new job on his LinkedIn page, although he has not added to the Background section. Sage had just announced LaBahn's immediate departure as global VP of marketing for Sage Live last week.
Australia-based UXC has agreed to a buyout offer from Computer Sciences Corp. That translates to about 90 cents per share. In Australian dollars, that is $1.22 per share plus a 2-cent-per share interim dividend for the half year ending December 31. The companies did not do the math but there were about 330 million shares outstanding when UXC's year ended on June 30 so that puts the deal around $297 million. The total of $1.24 per share is down from the initial $1.26-per-share offer.