E2open Names Michael Farlekas Chief Executive Officer

Supply Chain Industry Veteran Joins Management Team to Lead Company

Aug 06, 2015, 09:00 ET from E2open

FOSTER CITY, Calif., Aug. 6, 2015 /PRNewswire/ -- E2open today announced the appointment of Michael Farlekas to the role of Chief Executive Officer (CEO). As CEO, Farlekas is responsible for the future direction of the organization and leading the company's overall operations, with direct oversight of sales, marketing, professional services, research and development (R&D), and corporate strategy.

"Michael will play a pivotal role in positioning E2open for continued excellence in the supply chain market," said Ryan Hinkle, Managing Director, Insight Venture Partners. "With more than 20 years of supply chain and enterprise software sales, marketing and leadership experience, Michael brings a diverse set of management skills, extensive operations expertise and a successful track record that we will leverage across the company."   

Prior to joining E2open, Farlekas was Vice President and General Manager at Roadnet Technologies (now Omnitracs), the leading provider of last mile routing and mobility solutions to FORTUNE 50 clients. Previously, Farlekas spent 11 years at RedPrairie (now JDA Software) in roles that included Senior Vice President and General Manager, Industrial Business Unit, and Vice President, Industrial Sales. He has also held senior leadership roles at GATX Terminal Corp (now Kinder Morgan), an operator of petroleum and chemical distribution terminals worldwide, and CSX Transportation, a rail transportation provider offering comprehensive supply chain services.

"E2open is widely recognized as the industry leader in providing cloud-based solutions for collaborative planning and execution across global trading networks, and I am excited to be a part of this pioneering company's future," said Farlekas. "In addition to a continued focus on forging relationships with our global customer base and partners to derive unparalleled value from the supply chain, I look forward to guiding the company through its next phase of innovation tied with superior operations."

About E2open

E2open is the leading provider of cloud-based, on-demand software solutions enabling enterprises to procure, manufacture, sell, and distribute products more efficiently through collaborative planning and execution across global trading networks. Enterprises use E2open solutions to gain visibility into and control over their trading networks through the real-time information, integrated business processes, and advanced analytics that E2open provides. E2open customers include Avnet, Celestica, Cisco, HP, IBM, Lenovo, L'Oreal, Motorola Solutions, NVIDIA, Seagate and Vodafone. E2open is headquartered in Foster City, California with operations worldwide.

More than 41,000 trading partners and 140,000 unique registered users currently participate in the E2open Business Network, which allows participants to share plans and data and execute business processes in a secure, real-time manner. The E2open Business Network also provides collaboration tools and analytics so that E2open customers can make more informed and efficient decisions. For more information on E2open, visit the company's website at http://www.e2open.com, follow the company on Twitter at @E2open or visit us on LinkedIn.

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