Progress Software (PRGS) Tops Q2 EPS by 3c; Boosts FY15 EPS Outlook

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New COO Named at Progress Software (PRGS)

July 1, 2015 4:20 PM EDT

Progress Software (NASDAQ: PRGS) announced that Jerry Rulli, president, OpenEdge Business Unit, has been appointed Chief Operating Officer. As Chief Operating Officer, Rulli will be responsible for the alignment of business unit priorities, go-to-market strategies and ensuring operational excellence across the company. Rulli will continue to report to Phil Pead, President and CEO.

Effective immediately, Rulli will assume responsibility for driving the operations of the three Progress business units. Rulli will... More