Last week, Jay Bhatt took the reins at Progress Software Corp., the company announced. Bhatt will serve as president and CEO. Progress, which markets to both resellers and enterprise end-users, is a major player in the areas of SOA, BPM and CEP.
Prior to coming to Progress, Bhatt was responsible for Autodesk’s global Architecture Engineering and Construction Solutions Division, where he was in charge of software development, marketing, product management, product design, business development and finance resources. Mr. Bhatt also served as the CFO and Head of Corporate Development for Buzzsaw.com, before that company was acquired by Autodesk in 2001.
“I am honored to be selected for this important role and thrilled to be joining Progress Software at this critical time in the company’s evolution,” said Bhatt, as stated in the company’s press release.
“Progress has an excellent team, a large and impressive customer base, a loyal partner group and a very attractive portfolio of innovative products and solutions that enable businesses to become more responsive,” said Bhatt in a statement. ”
Bhatt takes posts formerly filled by Richard Reidy, who had held the jobs on an interim basis since an August announcement that he would vacate the positions. – Valerie Sarnataro