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As a sometime ADM2 and GUI instructor (Progress Canada) and client coding demagogue, [...] Mike Lonski's book [Coding Smart] has given me further substance and makes me stand out even in the eyes of my peers. Michael's new book should cost 10 times more than it does! I am very impressed. I love the format and context. Very well done!" Jim A. |
Progress News - Learn the Latest about Progress
Stay Informed About Progress SoftwareSince 1993, Allegro has delivered Progress programming and database administration. Our partners, whom have worked in Progress since version 3 (mid-1980's), constantly share their knowledge with our staff and customers. We have always kept up with the latest Progress news including product releases, technologies, and much more. No matter how you use Progress or what version you are using, you should always stay on top of Progress news. You'll gain a lot by hearing about the innovative ways other Progress users are implementing specific technologies in the below news. In addition, you can learn about the latest Progress technologies, product releases, and more. You'll be able to take away ways to improve your own business' infrastructure and bottom line from these stories. If you need Progress support or just have a question, just contact Allegro's Progress team. Our large team of Progress programmers and DBAs can quickly help you. |
Progress Software Names Phil Pead as Interim Chief Executive Officer Effective November 2, 2012
BEDFORD, Mass.--(BUSINESS WIRE)-- Progress Software Corporation (NASDAQ: PRGS) today announced that Executive Chairman Phil Pead has been named the Company's Interim Chief Executive Officer, effective November 2, 2012. Mr. Pead replaces Jay Bhatt, who previously informed the Company that he was leaving the Company to pursue another leadership position. Given the Company's recent agreement to sell four non-core product lines and the adoption of a plan to repurchase up to $250 million of its common stock by June 30, 2013, the Progress Board of Directors and Mr. Bhatt agreed to expedite the previously announced leadership transition. The Progress Board is continuing its search process to identify a new President and CEO and has retained an executive search firm to assist in the search.
Mr. Pead was appointed to the Progress Board of Directors in July 2011. He was appointed Non-Executive Chairman in June 2012, and named Executive Chairman on October 8, 2012. Mr. Pead has over 25 years experience in the software industry, including executive roles in several publicly and privately held companies, such as Eclipsys Corporation, Per-Se Technologies, Dun & Bradstreet Corporation, and Attachmate Corporation.
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