Corel Corporation Appoints Tom Berquist as Chief Financial Officer

Strategic Insights -

Corel Corporation, a leading software company, announced the appointment of Tom Berquist as its new Chief Financial Officer. Berquist will provide financial leadership for the company's global operations in the Americas, EMEA, Asia Pacific, and Japan. With over a decade of experience in equity research and financial management, Berquist joins Corel from Ingres, an open-source software company, where he served as Chief Financial Officer.

As Corel prepares to emerge from the challenging economic cycle, Berquist will play a key role in driving the alignment of the company's strategic and financial goals. "Tom's deep industry knowledge and global perspective make him an ideal fit for Corel," said Kris Hagerman, Corel CEO. Berquist stated that he is excited to join the Corel team, citing the company's rich history of strong products and a significant installed base as key factors that will drive growth and financial success.

Key Takeaways:

  • Tom Berquist has been appointed as Corel Corporation's new Chief Financial Officer, effective today.
  • Berquist will provide financial leadership for the company's global operations in the Americas, EMEA, Asia Pacific, and Japan.
  • Prior to joining Corel, Berquist served as Chief Financial Officer at Ingres, an open-source software company, and spent ten years as a Managing Director of Equity Research for Citigroup, Goldman Sachs, and Piper Jaffray.
  • Berquist brings over a decade of experience in equity research and financial management to the role.
  • Corel is one of the world's top software companies with over 100 million active users in over 75 countries.
  • Corel's award-winning product portfolio includes popular software brands such as CorelDRAW Graphics Suite, Corel Painter, and Corel WinDVD.

Statistics:

  • Corel Corporation has over 100 million active users in over 75 countries.
  • Berquist brings over 10 years of experience in equity research and financial management to the role.
  • Corel's global headquarters are located in Ottawa, Canada, with major offices in the United States, United Kingdom, Germany, China, Taiwan, and Japan.

Sources:

  • Corel Corporation press release, October 1, 2009
  • China Weekly News, "Corel Appoints Tom Berquist as CFO" (Copyright 2009, China Weekly News via VerticalNews.com)
  • Corel Corporation website, "Tom Berquist Bio" (www.corel.com/executivebios)