Quorum Software's executive leadership changes are designed to propel cloud-first, connected technology vision and usher in the next phase of company growth. (Source: Shutterstock.com)
Quorum Software named Paul Langenbahn CEO, succeeding Gene Austin, who will become the company's chairman of the board of directors effective Oct. 1, a press release announced on Sept. 1.
The new appointments are part of the company's growth as a cloud-first and connected technology-based organization, according to the release.
Langenbahn previously served as president of Quorum beginning in May 2021 after holding roles as NCR Corp.'s president of the commerce business unit and Radiant Systems' president of the hospitality division. At Quorum, he was responsible for overseeing the company's global customer-facing operations.
"Working alongside Paul for the last year and the wealth of executive experience he brings from enterprise technology companies, I can say with certainty that he is the right leader to continue driving Quorum’s vision and growth strategy,” Austin commented in the release.
“It’s an exciting time in oil and gas with the accelerated need for cloud-based digital transformation to deliver fast, accurate, decision-ready data to power critical operations for energy companies around the world," Langenbahn added. "I’m confident that the direction Gene forged, coupled with the sophistication of our best-in-class solutions, have positioned us well for long-term success.”
With over 30 years of experience in leading private and public software and technology companies, Austin previously served as CEO of both Bazaarvoice and Convio. Additionally, he was part of the executive team that took CareerBuilder.com public in 1999 prior to his C-suite roles.
During his four years as Quorum's CEO, Austin oversaw six successful acquisitions and a merger with Aucerna, announced in February 2021, which helped position the company as a global competitor in the energy software market and exceed its growth targets year over year.
“We are tremendously grateful for Gene’s many great contributions to Quorum and the foundation he laid for the company’s next phase of growth,” Thoma Bravo managing partner Scott Crabill said in the release. “We look forward to partnering with Paul and the leadership team to continue that momentum and advance the company’s mission of transforming the business of energy through technology.”
Headquartered in San Jose, Calif., Quorum provides energy software across 55 countries to over 1,800 customers worldwide to power growth and profitability for energy businesses by connecting people, workflows and systems with decision-ready data.
Recommended Reading
BKV Positions Itself to Meet Growing Power, CCS Demand
2025-02-26 - Electricity needs across the U.S. are expected to soar as industrial and manufacturing facilities, data centers and other consumers crave more power. BKV is exploring ways to bridge the gap between demand and energy supply.
ADNOC Contracts Flowserve to Supply Tech for CCS, EOR Project
2025-01-14 - Abu Dhabi National Oil Co. has contracted Flowserve Corp. for the supply of dry gas seal systems for EOR and a carbon capture project at its Habshan facility in the Middle East.
Enchanted Rock’s Microgrids Pull Double Duty with Both Backup, Grid Support
2025-02-21 - Enchanted Rock’s natural gas-fired generators can start up with just a few seconds of notice to easily provide support for a stressed ERCOT grid.
Freshly Public New Era Touts Net-Zero NatGas Permian Data Centers
2024-12-11 - New Era Helium and Sharon AI have signed a letter of intent for a joint venture to develop and operate a 250-megawatt data center in the Permian Basin.
DNO Makes Another Norwegian North Sea Discovery
2024-12-17 - DNO ASA estimated gross recoverable resources in the range of 2 million to 13 million barrels of oil equivalent at its discovery on the Ringand prospect in the North Sea.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.