Eric Clark appointed as new CEO of Manhattan Associates

Eddie Capel has retired as President and CEO of Manhattan Associates, with Eric Clark named as his successor.

The Board of Directors of Manhattan Associates announced Eddie Capel's retirement from his role on 12 February, after serving in various capacities for nearly 25 years. Capel will continue to contribute as Executive Vice-Chairman of the Board, leveraging his experience during the CEO transition and assisting with special projects.

Eric Clark, previously the CEO of NTT Data North America, will assume the role of President and CEO at Manhattan Associates. Additionally, he will join the company's Board of Directors. Clark's background includes leading roles at NTT Data Services, ServiceNow, Dell, Hewlett Packard Enterprise, Arthur Andersen Business Consulting, Ernst & Young, and Bank of America.

John Huntz, Chairman of Manhattan, expressed his appreciation for Capel's leadership. "Eddie Capel has accomplished a great deal as CEO setting our strategic direction, building our winning team and creating shareholder value. During his tenure as CEO, Manhattan solidified its position as a leading global technology provider and innovator in both supply chain and omnichannel commerce. The Board thanks Eddie for his dedication to Manhattan over the last 25 years and for working diligently with the Board during our comprehensive CEO succession planning process over the last 24 months. We look forward to his continued involvement as Executive Vice-Chairman and as a member of the Board of Directors."

In a statement, Capel reflected on the timing and future of the company, saying, "This is an ideal time for a CEO transition. Our company is in an exceptionally strong position strategically, competitively, operationally, and financially. I want to thank our management team and our entire workforce, which is second to none, for their hard work and dedication to our mission of advancing global commerce through advanced technology. I look forward to working closely with Eric and continuing to contribute to our product vision, interacting with our customers and partners, and ensuring the growth and success of Manhattan Associates. And I have confidence that under Eric's leadership, the team will continue to capitalise on our many market opportunities and extend our global leadership position."

Eric Clark commented on his new role, indicating optimism for the future. "Manhattan's impact on global commerce continues to be considerable, and the greatest opportunities clearly are still in front of us. I could not be more excited to work with Eddie, the Board and the management team to build on Manhattan's prior achievements and chart the course for our future success."