QAD Announces Passing of Chief Executive Officer Karl Lopker
QAD Inc. - Class B (QADB)
US:NASDAQ Investor Relations:
ir.qad.com
Company Research
Source: PR Newswire
SANTA BARBARA, Calif., Aug. 27, 2018 /PRNewswire/ -- QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB) announced today that Karl Lopker, Chief Executive Officer, passed away on August 25. He was 66 years old.Mr. Lopker joined QAD, which was founded by his wife Pam in 1979, 39 years ago. Prior to that, he co-founded the highly successful Deckers Outdoor Corporation.QAD will continue with the management arrangements recently announced for the foreseeable future. The Board of Directors will consider options for a permanent CEO appointment in due course."This is a profound loss for Karl's family and for the entire QAD community. Karl has been a guiding light for nearly four decades and will be greatly missed," said Peter R. van Cuylenburg, QAD's Chairman of the Board. "During his time at QAD, Karl helped build and develop an outstanding team that is continuing his steadfast commitment to providing global manufacturers with tools to help them become Effective Enterprises. All of us on the Board o
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