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Applix Appoints Walt Hilger As CFO.


Business/Technology Editors

WESTBORO Westboro can refer to: Places
  • Westboro, Ottawa, a neighbourhood in Ottawa, Canada
  • Westboro, Topeka, a neighbourhood in Topeka, Kansas
  • Westborough, Massachusetts, United States, sometimes spelled as Westboro
  • Westboro, Missouri, United States
, Mass.--(BUSINESS WIRE)--Sept. 25, 2001

Applix, Inc., (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
: APLX), a leading provider of customer analytics, customer relationship management and business planning software, today announced that it has named Walt Hilger as Chief Financial Officer.

"Walt Hilger is a seasoned professional with a proven track record of financial and operational leadership. He has played a key role in developing and deploying our global planning and operational systems, which has resulted in increased efficiencies through greater operational insight," said Applix President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Alan Goldsworthy. "Walt's experience, enthusiasm for Applix and recent achievements make him the ideal candidate for this position."

In his new role, Mr. Hilger will be responsible for the financial management of the company. He replaces Ed Terino, who is pursuing another opportunity.

Mr. Hilger has 14 years of operations, financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and technology experience. As Applix's Vice President of Operations and Planning for the past two years, his achievements included the management and consolidation of operational and ad revenue recognition activities, the successful implementation of Applix's Web-based customer service solution and the streamlining of worldwide ordering processes and license and maintenance activities.

Prior to joining Applix, Mr. Hilger was Vice President of Corporate Finance for Cahners Business Information, a billion dollar business-to-business web content company. Before Cahners, he was Divisional Business Manager at Houghton-Mifflin Company, where he had also served as Corporate Manager of Financial Planning and Analysis. Mr. Hilger holds a B.S. in Finance from the University of Massachusetts The system includes UMass Amherst, UMass Boston, UMass Dartmouth (affiliated with Cape Cod Community College), UMass Lowell, and the UMass Medical School. It also has an online school called UMassOnline. . He lives in Natick, MA, with his wife and two children.

About Applix

Applix, Inc., (NASDAQ:APLX) is a leading global provider of customer analytics, CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  and business planning software that rapidly transforms information into knowledge -- enabling companies to obtain and retain customers through better decision-making decision-making,
n the process of coming to a conclusion or making a judgment.

decision-making, evidence-based,
n a type of informal decision-making that combines clinical expertise, patient concerns, and evidence gathered from
. Applix captures information from every corner of a company's extended enterprise, including internal and external customers, financial operations, partners and suppliers. Its flexible, scalable products adapt to companies' unique and competitive business processes and provide real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example.  analysis, planning, measurement and response to changing customer requirements and business dynamics. Headquartered in Westboro, MA, Applix has offices in eight countries and more than 4,000 customers worldwide. For more information, visit www.applix.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 25, 2001
Words:365
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