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CONTACT INFORMATION
SPL WorldGroup
www.splwg.com
Tracey Mitchell
tracey_mitchell@splwg.com
(973) 401-7525
FOR IMMEDIATE RELEASE
SPL Announces New CEO: Utility
and Enterprise Software Industry Leader Larry Hagewood
SAN FRANCISCO, CA, September 13, 2005 - SPL WorldGroup,
a leading provider of mission-critical software solutions for the
global utility market, announced today the appointment of Larry
Hagewood as the company’s new president and CEO.
Hagewood comes to SPL with over twenty years of executive experience
and success at a series of software companies serving many of the
same markets as SPL. He has been President and CEO of n2n Technologies,
President and CEO of Mincom’s Americas organization and President
and CEO of Paragon Consulting. He also held executive positions
at Tava Technologies, Indus International and Elsag Bailey Systems
Group.
“As CEO of SPL, my focus will be to fulfill the strategy
behind the SPL vision,” Hagewood said. “This comes in
two parts: delivering best-of-breed, utility-specific applications
and providing our customers the option of an integrated, end-to-end
application suite.”
“To achieve this dual vision,” Hagewood continued,
“we will build on and encompass the strengths of our customers,
our employees, and our owners. Together, we will use SPL’s
outstanding development program to enhance the value of our current
products. And, we will expand our product suite with new applications
that help our customers better respond to their customer and market
changes.”
Commenting on the search for a new CEO, Lawrence Gilson, Chairman
of SPL, said, “We sought a proven executive who is well versed
in enterprise business processes and the IT needs of utilities and
similar enterprises. We looked for a leader who could capitalize
on SPL’s product strengths, reputation for excellent customer
support, and international market position -- not just in Europe
and Australia, where SPL is already firmly established -- but also
in the Middle East and Asia, where SPL has enjoyed a series of important
recent wins.”
“Larry Hagewood clearly meets these requirements,”
Gilson said. “He has honed his leadership skills in start-ups
backed by venture capital, at mid-sized high-tech growth companies,
and at a multi-billion dollar Fortune 500 corporation. He has successfully
completed three IPOs and more than 20 acquisitions. Without exception,
he has led his companies to substantial increases in revenue, profit,
and market value. And because of his experience selling software
into the utility industry, he is already well known to a number
of SPL customers.”
In making the CEO announcement, Gilson also expressed the Board’s
appreciation to SPL Senior Vice President and Chief Legal Officer
Richard Zolezzi, the company’s interim leader over the past
few months. “Richard’s deep knowledge of and commitment
to SPL led to real accomplishment in the market and within the Company
while he served as our interim leader. My fellow directors and I
very much appreciate his positive impact in this special role, as
we do his ongoing contribution to SPL.”
About SPL
SPL (www.splwg.com) delivers the
proven software applications that help utilities around the world
achieve competitive advantage and excellence in business performance,
while ensuring a lower total cost of technology ownership. SPL solutions
in customer care and billing, enterprise asset and work management,
mobile workforce management, and outage and distribution management
are specifically designed for energy, water, and service companies.
Working with systems-integration and technology partners around
the world, SPL has an unparalleled record of implementation success.
SPL focuses on clients’ return on investment and fosters long-term
relationships based on confidence and trust. Visit SPL at www.splwg.com
or call +1-866-468-6775 (San Francisco), +44-207-851-6840 (London),
or +61-2-8258-8200 (Sydney). Within the US and Canada, call +1-800-275-4775.
©2005 SPL WorldGroup, Inc. All Rights Reserved. SPL is
a trademark owned by SPL WorldGroup B.V. or its subsidiaries. SPL
is registered as a trademark in the United States and in certain
other jurisdictions. All other trademarks and brand, product and
company names herein are used for identification purposes only and
are the property of their respective owners.
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