AFS Technologies Announces New CEO

PHOENIX - Feb. 12, 2015 - PRLog -- Phoenix, AZ--February 12, 2015: AFS Technologies, the global provider of software and services purpose-built for consumer goods companies announces today that Jesse Hermann has been appointed CEO to replace the retiring Kurien Jacob.

“After having had the opportunity to work with AFS for several months, I’m very excited to join full time as CEO. The company has a strong foundation helping consumer goods companies gain a competitive edge in the areas of trade promotion management (both retail and foodservice), retail execution and supply chain. The company has a great market position being focused on consumer goods companies compared to the more generic products offered by the very large industry players and yet with the resources to stay leading edge ahead of the smaller companies. Additionally, AFS has a wonderful reputation for exceptional customer support, and I look forward to continuing that tradition as we further enhance our products by developing and acquiring new ones,” said Jesse Hermann.

Mr. Hermann comes to AFS as a well-seasoned CEO with over thirty years of experience as a management executive. He has managed a number of companies with operations and customers around the world in industries including automotive parts, computers and peripherals, distribution and distribution software. He started and built one of the first successful SaaS companies with operations in the US and India.

Kurien Jacob retires after a very successful twelve-year run managing AFS, providing strategic vision and leadership to grow the company into the global franchise that it is today. Mr. Jacob will continue to provide his vision and support to the company as he transitions out of day to day management but remains with the company as a member of the board of directors.

AFS delivers SaaS and on premise software that consumer goods companies around the world use to manage their businesses. Those products include AFS Trade Promotion Management Retail, AFS Trade Promotion Management Foodservices, AFS Retail Execution, AFS ERP, AFS Warehouse Management Systems, AFS Order Management Systems, AFS Direct Store Delivery, AFS Datum and AFS Discovery G2.

About AFS Technologies, Inc.

AFS Technologies (AFS) is the global provider of solutions purpose built for consumer goods companies. We are committed to efficiencies in trade spend, retail execution and supply chain. With experience developed over its 30 year history, AFS serves more than 1,300 customers of all sizes in over 50 countries around the world. The AFS products are innovative, configurable solutions that are proven to optimize your potential with automated processes, improved productivity and rapid time to value.

To learn more about AFS, visit www.afsi.com

Media Contact:
Jenna Beck
VP of Global Marketing
AFS Technologies, Inc
602-424-8770
Jenna.beck@afsi.com