Agentrics Appoints Thomas Corbett as CEO
30 September 2008 | News | Source: Agentrics
Agentrics today announced the appointment of Thomas Corbett as chief executive officer. Corbett holds a PhD in supply chain management and has more than 15 years of experience in supply chain consulting in the U.S. and Latin America. Most recently Corbett served as director of mergers and acquisitions for M. Abuhab Participações (MAP), a Joinville, Brazil-based private holding company.
Under Corbett's leadership, MAP recently secured a controlling stake in Agentrics and will invest in the company's expansion into new markets and solution offerings. Corbett will be based in the company's Chicago office. Corbett will assume the role of CEO from Christopher K. Sellers, who led Agentrics since 2004 and who will continue to serve as a consultant and advisor to his successor as well as Miguel Abuhab, chairman of the Agentrics board of managers, during the transition.
"Thomas was instrumental in developing and completing the details of MAP's investment in Agentrics, and his intimate understanding of the company's products, customers and operations will enable him to skillfully guide its expansion into additional retail, consumer goods and industrial sectors around the world," said Miguel Abuhab, who also is principal shareholder of MAP. "Throughout his career, and most recently during his time with MAP, Thomas has repeatedly demonstrated an ability to bring trading partners closer together and refine supply chain practices in ways that deliver value to all participants. His drive, vision and leadership skills make him well suited to ensure Agentrics' continued growth and success."
Under Corbett's leadership and with the investment from MAP, Agentrics will transition from its current role as a provider of e-sourcing, product lifecycle management (PLM) and supply chain management solutions to offer a wider range of business and consulting services that will more effectively change and improve the way companies trade. Helping businesses improve supply chain efficiency and deliver an improved consumer experience remains the core Agentrics mission. While sourcing and trading partner collaboration will continue to play a key role in the Agentrics portfolio, the company is increasingly recognized as a leader in PLM, where it has become a leading provider of solutions to develop private label, or store brand, products.
"Today, businesses with highly complex and sophisticated supply chains are looking inward and at their trading partner relationships to find new ways to build competitive advantage," remarked Corbett. "I look forward to working with the skilled team at Agentrics to help clients foster more effective and efficient collaborations with trading partners and achieve more profitable growth as a result. Agentrics' global strengths will also provide a springboard for other MAP-owned businesses, such as NeoGrid, to grow internationally."
Prior to joining MAP, Corbett was a managing partner of Goldratt Consulting, based in Sao Paulo, Brazil. While there, he led consulting engagements for businesses in the retail sector, working closely with retailers and their suppliers. Corbett also has worked with Arthur Andersen as a consultant in the national strategy group, based in Boston. He holds a PhD in supply chain management from Fundação Getulio Vargas, Sao Paulo, with research at the Massachusetts Institute of Technology (MIT), Cambridge. He also holds a master's degree in finance from Fundação Getulio Vargas.
Following the successful conclusion last week of AgentricsWorld 2008, the company's annual customer conference, the shareholders of Agentrics elected a new governing board of managers. As majority owner, MAP appointed two members to the board in addition to Miguel Abuhab: Yohyon van Zantwijk, chief executive officer, Vivacadena; and Jay Moskowitz, chairman and chief executive officer, eMedicalFiles. The minority shareholders are represented on the board by John Spina, vice president and treasurer, Walgreens; Alain Cappannelli, international purchasing director, Auchan International; and Tom Tsuruta, executive vice president and general manager, AEON USA; all who represent companies that were founding members of Agentrics. On September 26, the newly constituted board voted to appoint Corbett as chief executive officer with immediate effect.
M. Abuhab Participações (MAP) is a Brazilian holding company led by Miguel Abuhab, a visionary entrepreneur with more than 30 years of experience in information technology and business development. MAP holdings include two Brazil-based firms: NeoGrid (www.neogrid.com), one of the leading providers of demand and supply chain management solutions in Latin America, and Datasul (www.datasul.com), a publicly traded provider of enterprise resource planning (ERP) software and services that recently merged with TOTVS (www.totvs.com), the leading ERP firm in Brazil and one of the world's top 10 ERP providers.
A trusted agent for the global retail and consumer goods industry, Agentrics helps retailers and their trading partners enhance profitability, on-shelf availability and customer satisfaction. Agentrics offers solutions for sourcing, collaboration, forecasting, data synchronization, point-of-sale data sharing and private label product management. Agentrics customers include more than half of the world's top 25 retailers, which account for more than $1.2 trillion in consumer spending. Since 2000, Agentrics has helped customers save more than $6 billion in costs through its sourcing services. Agentrics customers include Aeon, Ahold USA, Alcampo, Auchan, Best Buy, Canadian Tire, Carrefour, Casino, Coles Group, Coop Italia, Coop Switzerland, CVS/pharmacy, Dairy Farm, Dansk Supermarked Gruppen, Delhaize Group, Diageo, El Corte Ingles, Food Lion, GlaxoSmithKline, Izumiya, KarstadtQuelle, Kesa, Kesko Food Ltd., Kingfisher, Kroger, Lotte, Makro Asia, Manor, Marks & Spencer, Metro Group, Migros, Panasonic, REWE Group, Royal Ahold, Safeway, Sainsbury's, SCA Hygiene Products, Tesco and Walgreens.
Read about Agentrics in the PLM directory