01:41:19 EDT Sat 18 May 2024
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Kinaxis Inc
Symbol KXS
Shares Issued 28,408,183
Close 2023-08-02 C$ 170.62
Market Cap C$ 4,847,004,183
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Kinaxis appoints Bell CPO, Paterson COO, Pate CHRO

2023-08-03 15:04 ET - News Release

Mr. John Sicard reports

KINAXIS ENHANCES EXECUTIVE LEADERSHIP TO CONTINUE COMPANY GROWTH

Kinaxis Inc. has appointed three new C-suite leaders -- all promoted from within Kinaxis -- in product, operations and human resources, effective immediately. These new executives were put in place to continue the company's ambitious growth goals as Kinaxis continues to set the agenda for supply chain management.

New chief product officer Andrew Bell will report to president and chief executive officer John Sicard, overseeing the company's engineering, development and product management teams, as well as the company's continued investment in AI (artificial intelligence) and machine learning where Kinaxis has more than 50 issued and pending patents. Mr. Bell has been with Kinaxis for more than a decade, most recently leading product management. He previously held roles at Nokia Group (then Alcatel-Lucent).

Mr. Bell commented, "I'm looking forward to expanding our product footprint, continuing to invest in AI and driving continuous innovation on top of our foundation of excellence in supply chain -- it's a real honour to lead this team."

As Kinaxis continues its global scale, Mr. Sicard introduced a new chief operating officer role, appointing Megan Paterson, the company's former chief human resources officer. Ms. Paterson will have responsibility over the company's cloud services operations, corporate IT, corporate strategy, HR and global real estate. In this new role, Ms. Paterson will create centres of excellence that empower the company to operate with agility and alignment as it continues to expand its footprint globally.

"Our growth and success are predicated on building agility and consistency across our work force so that we can enjoy continued accelerated growth. I'm thrilled to be taking on this new role," Ms. Paterson said.

With Ms. Paterson's new role, Kinaxis named Amber Pate, former vice-president of human resources, to chief human resources officer (CHRO). A former CHRO, Ms. Pate was overseeing the talent management, compensation and total rewards, and will leverage this experience to take on the entire global HR remit as CHRO.

These appointments come on the heels of the company's announcement of its new chief marketing officer, Margaret Franco.

Mr. Sicard commented: "There is a huge opportunity to deliver real supply chain transformation for companies around the world. Our advanced technology and unique methodology make us leaders in this space, and I'm thrilled to promote Andrew, Megan and Amber into these new roles as we scale to support our growing global customer base."

Headquartered in Ottawa, Kinaxis works with many of the largest global brands, including Bose, Carlsberg, Ford, HAVI, Honeywell, Merck, Procter & Gamble, Schneider Electric, Qualcomm, Unilever, and many others. Since its IPO (initial public offering) in 2014, the company has more than tripled revenue, and in May, 2023, Kinaxis was named a leader in Gartner's Magic Quadrant for Supply Chain Planning Solutions for the ninth consecutive time.

About Kinaxis Inc.

Everyday volatility and uncertainty demand quick action. Kinaxis delivers the agility to make fast, confident decisions across integrated business planning and the digital supply chain. People can plan better, live better and change the world. Trusted by innovative brands, the company combines human intelligence with artificial intelligence and concurrent planning to help companies plan for any future, monitor risks and opportunities, and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste.

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