SciQuest Changes Executive Leadership in Product Management, Sales, Business Development, and Marketing

20-Apr-2001

SciQuest (NASDAQ: SQST), a technology and solutions company that provides integrated e-commerce and asset management solutions for research enterprises and their supply chain partners worldwide, announced today a series of management changes designed to strengthen its product management, sales, business development, and marketing functions and unify its e-commerce and research asset management operations.

"SciQuest will continue to take aggressive steps to further establish itself as the leader for technology and e-solutions in the rapidly growing research industry," stated Stephen J. Wiehe, CEO of SciQuest. "These executives bring talent and expertise that complement our technology, deep industry knowledge and strong relationships. We expect this new team to help us grow our revenue streams quickly and in a more predictable manner. These leadership changes, combined with our previously announced expense reductions and strong cash reserves, help assure continued growth and business performance."

"We have proven solutions that have been successfully deployed in the research industry for a number of years," added Wiehe. "We already have strong leaders in the areas of Information Technology, Finance, Professional Services, Legal and Human Resources. These changes will also allow Scott Andrews, SciQuest's chairman, and Cecil Kost, president of E-Commerce, to more fully concentrate on securing mutually profitable relationships with our key strategic accounts. Our near term priority is to provide valuable technology and solutions that generate profitable revenue streams. With our new team, proven solutions, and significant cash reserves, I am confident in our ability to reach our business goals."

https://www.chemeurope.com/en/news/2551/sciquest-changes-executive-leadership-in-product-management-sales-business-development-and-marketing.html