21.05.2024 15:00:07 - dpa-AFX: GNW-Adhoc: Paul Carreiro Named CEO & President of Elemica

WAYNE, Pa., May 21, 2024 (GLOBE NEWSWIRE) -- Elemica (https://elemica.com/), the
leading provider of Digital Supply Chain solutions and the premier Digital
Supply Chain Network for B2B industries, announces Paul Carreiro as President &
Chief Executive Officer. Paul joins Elemica as a proven global leader with over
25 years of experience in Enterprise Software. The last 6½ years, Paul spent in
the supply chain planning space, with a focus on growth and driving global
operational excellence through deep customer collaboration and global scale.
Carreiro has also been appointed to Elemica's Board of Directors.
"We are thrilled to welcome Paul to Elemica as our new CEO," said Eric Sondag,
Co-head of Mid-large Buyout at Eurazeo, a global investment company and owner of
Elemica. "Paul's proven leadership and strategic vision make him the perfect
person to lead our company into the future at such a critical time in our growth
plans. His experience in supply chain will be instrumental in driving further
innovation in our network and application offerings, expanding our market
presence, and delivering value to our customers and stakeholders."
Carreiro brings decades of supply chain and B2B enterprise software experience
to Elemica. Most recently, Paul served as President, Global Field Operations for
Kinaxis and prior to that he served in key leadership positions at companies
such as IBM, SAP, and Infor. He holds a Master of Business Administration from
the London School of Economics and Political Science/NYU Stern/HEC, in addition
to completing the Director's College Program at McMaster University and Stanford
University's Advanced Management Program
"I am thrilled to be partnered with the team at Eurazeo and am humbled to join
Elemica with such a rich 25+ year history in process manufacturing, and today as
the global leader in digital supply chain networks," stated Carreiro. "With an
ever-evolving global landscape and key advancements in technology, it is more
important than ever to have a digital supply chain that harmonizes data and
processes through a single seamless network; Elemica's solutions enable our
customers to transform their supply chains to drive innovation, resilience, and
growth. I am delighted to join a company focused on driving value for our
customers, partners, and employees."
Carreiro's appointment comes at a pivotal time for the company, as it continues
to expand globally, enabling customers to directly meet the opportunities
presented daily, further highlighting the importance of having a digital, agile,
and automated network.
About Elemica
Elemica (https://elemica.com/) is a leading Digital Supply Chain Network for B2B
industries that accelerates and automates the massive number of digital
connections required to improve end-to-end supply chain performance. Elemica
solutions connect many of the world's largest manufacturers to their direct
material suppliers, logistics service providers and end customers, helping them
realize the promise of, and return on, their investments in supply chain
digitization. It is a promise that significant investments in digital technology
will enable supply chain automation, improved transparency, and delighted
customers. That promise is not possible without the seamless, digital
connections Elemica provides between trading partners at every stage of the
supply chain.
Elemica clients enjoy automation levels twice industry averages, 95% touchless
supply chain processes, and the value of a trusted partner with 25 years of
expertise in supply chain automation, collaboration, and visibility. For more
information, visit www.elemica.com (http://www.elemica.com).
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