New CFO for Lawson – Analyst Blog
Zacks Market Commentaries (December 18th, 2009) Writes:
Lawson Software (LWSN) appointed Stefan Schulz as its new Chief Financial Officer (CFO) effective Jan 1, 2010. Stefan will succeed Robert Schriesheim, who will continue to serve on the Lawson board as a non-employee director.
Schriesheim is leaving Lawson to become the CFO of Illinois-based Hewitt Associates, Inc.
Schulz is currently the Senior Vice President of Finance and Chief Accounting Officer. He joined Lawson in Oct 2005 from BMC Software, where he had worked for 12 years in various roles.
Lawson provides enterprise resource planning (ERP) software solutions and professional services to mid-market enterprises in the health care, retail, public and professional service industries. The company derives its revenue from software license fees, customer support and maintenance fees and consulting fees.
Lawson earlier reported in-line numbers for the first quarter of fiscal 2010.
The company is currently resizing its services business in light of current demand for consulting and implementation services in Europe.
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