USDATA names former interim CFO to interim CEO
Staff -- Manufacturing Business Technology, 12/1/2002 7:00:00 AM
USDATA, Richardson, Texas, announced in late October the resignation of Robert (Bob) Merry, president and CEO. Merry also resigned from the board of directors.
The board then named James E. Fleet—a vice president with Phoenix Management Services, a management firm based in Philadelphia—as interim president and CEO. Fleet previously served as interim chief financial officer (CFO) of USDATA.
USDATA also announced the resignation of company Chairman Winston Churchill, however, Churchill will remain a director. Elected to the board of directors and replacing Churchill as chairman is Yaron Eitan, founder, president, and CEO of Selway Partners, a diversified high-technology holding company. Also elected to the board is Randy Illig, a venture partner with Selway Partners, and the founder and former CEO of Visalign, an information technology service company based in Wayne, Pa.
"Bob provided strong leadership to USDATA over the past five years. We will miss his expertise and vision, and wish him well in his new endeavors," says Eitan, adding, "We are pleased that we could retain Jim in the role of interim president and CEO. His prior experience with USDATA and its customers will prove invaluable as we chart the future direction of the company."
Now in its 28th year, USDATA's manufacturing and process automation solutions support the integration of enterprise production and automation information into the supply chain, and currently operate in more than 60 countries, including 17 of the top 25 manufacturers.
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