Former CEO of SAP and HP, Léo Apotheker, Joins MercuryGate as Its First Independent Board Member Since Summit Partners Acquisition
CARY, N.C.–(BUSINESS WIRE) – MercuryGate® International, Inc., a leader in Transportation Management System (TMS) solutions, announced today the appointment of Léo Apotheker as the first independent member of the MercuryGate board of directors since the company was acquired by Summit Partners in August of 2018.
Mr. Apotheker spent more than 20 years at German software maker SAP and served as the company’s Chief Executive Officer from 2007 through 2010. From 2010 to 2011, he served as the CEO and President of Hewlett-Packard Inc. Currently, Mr. Apotheker is the independent Lead Director of the Board of Schneider Electric SE, a French corporation listed on the Euro Stoxx 50 and Chairman of the board of Signavio GmbH, a leading provider for process and decision management software.
“We are super excited to welcome Léo to the board,” said Joe Juliano, President and CEO of MercuryGate International. “His extensive enterprise software and international growth experience will be invaluable to us as we continue to rapidly grow our business. Léo shares our passion for TMS and understands how to grow internationally. He will be a great mentor to the MercuryGate senior leadership team.”
In August of 2018, MercuryGate was acquired by global growth equity investor Summit Partners to support the company’s next phase of growth. Mr. Apotheker will help MercuryGate to refine its strategy, build strong alliance partnerships, and help secure strategic accounts around the world.
“MercuryGate has an impressive track record of industry leadership and growth already,” commented Léo Apotheker. “I believe the company has the potential to expand their footprint into new markets leveraging their TMS domain leadership. I am pleased to have the opportunity to help Joe and his team in achieving that goal.”
In August of 2018, MercuryGate was acquired by global growth equity investor Summit Partners to support the company’s next phase of growth. Mr. Apotheker will help MercuryGate to refine its strategy, build strong alliance partnerships, and help secure strategic accounts around the world.
“MercuryGate has an impressive track record of industry leadership and growth already,” commented Léo Apotheker. “I believe the company has the potential to expand their footprint into new markets leveraging their TMS domain leadership. I am pleased to have the opportunity to help Joe and his team in achieving that goal.”
Mr. Apotheker is the first person joining MercuryGate as an independent board member. MercuryGate expects to further fill out its board with additional, strategic expertise in the TMS and software market.
About MercuryGate
MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. MercuryGate’s solutions are unique in their native support of all modes of transportation on a single platform including Parcel, LTL, Truckload, Air, Ocean, Rail, and Intermodal. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency. MercuryGate offers business intelligence to improve transportation processes, increase customer satisfaction, and reduce costs. Find out why MercuryGate has set the industry standard for the most adaptable, comprehensive transportation solutions suite in the industry at www.mercurygate.com or on Twitter at @MercuryGate.
