October 25, 2010, 4:18 PM — Former Oracle Corp. co-President Charles Phillips will be the new chief executive of Infor, a privately held maker of business software for mid-sized companies.
The announcement was made Monday, exactly seven weeks after Phillips resigned his post at Oracle, paving the way for former Hewlett-Packard CEO Mark Hurd to replace him.
Phillips no doubt is eager to focus on his new job and put behind him the controversy from earlier this year, when his bid to land the top spot at software vendor CA was derailed by an affair with YaVaughnie Wilkins, who posted details of the extramarital relationship on a website and billboards in Times Square, Atlanta and San Francisco. Phillips later acknowledged the affair and said he and his wife began divorce proceedings in 2008.
Jim Schaper, Infor's current chairman and CEO, will remain as chairman. In the press release announcing the hiring, Schaper said, "Charles Phillips is a proven executive who brings Infor the diverse skill set, direct industry experience, and track record of performance necessary to lead the company to continued growth. He is a true visionary in the technology industry."
Although not enough of a visionary to have seen those billboards coming. (Sorry, I had to say it.)
Infor was founded in 2002 and is based in Alpharetta, Ga. It claims more than 70,000 customers in 125 countries and revenue of nearly $2 billion annually. Phillips is scheduled to begin his new job on Dec. 1.