Charles Phillips, Infor Corporation’s New CEO
News release: Infor names Charles Phillips CEO
Charles Phillips recent move to CEO of Infor Corporation has some interesting roots. He was a prestigious software analyst at Morgan Stanley up until 2003, when he decided to take his extensive knowledge of the software industry and accept the position of Excecutive Vice President at Oracle, the world famous business management software company.
At Oracle he reported directly to CEO Larry Ellison and was responsible for managing the extensive global assets of the software company. Interestingly enough in 2006 he joined the Board of Directors for his old employer Morgan Stanley, while still at Oracle. During his tenure at Oracle he became president and up until 2010 was also a member of their Board of Directors too. As a former captain of the Marine Corps and now a bona fide captain of industry well-known for his many philanthropic endeavors, the President of the USA himself asked Mr. Phillips to join his Economic Recovery Advisory Board in 2009.
Now his illustrious career has taken him to Infor Corporation after exiting his position at Oracle, where he will use his many skills to oversee that software company’s pioneering efforts to streamline and improve the operations of enterprise businesses through their diverse and powerful software packages like their Business Cloud computing, workforce management, financial management, and other software services. His primary responsibility in the short term will be overseeing the successful release of the company’s next generation of software applications and services by January 2013.
His ties to powerhouse investment banker Morgan Stanley are sure to trigger rumors of an IPO for the privately held Infor. Whether that kind of scrutiny will help or hurt Infor is unknown at this point, but it should definitely help them garner the attention of the industry press as they try to guess Infor’s next move in the software market. Mr. Phillips earned the respect of the press early on with many calling him Oracle’s “secret weapon”, a title partially bestowed on because he was able to earn the respect of Oracle’s user community, who had become suspicious of Oracle’s many acquisitions at the time of companies such as of Siebel, PeopleSoft, Hyperion, and several others. Under his stewardship Oracle’s vital financial indicators and stock price all rose steadily. Now the world will be watching to see if he can do the same for Infor.
You can learn more about Mr. Phillips and his career on his LinkedIn page.