E2open Parent Holdings, Inc. (NYSE: ETWO) has announced the appointment of Pawan Joshi as chief strategy officer (CSO) and Rachit Lohani as chief product and technology officer (CPTO). These new executive roles are expected to drive the evolution of the company's supply chain software platform and network, strengthen value for customers, and boost company growth.
Pawan Joshi, who has been with the company for nearly 22 years, will transition to the role of CSO from his previous position as executive vice president, products and strategy. In his new role, Joshi will work closely with the CEO to develop the company’s vision and strategy, deepen market understanding of e2open’s capabilities and value, and partner with clients in their journeys to world-class supply chain performance.
Rachit Lohani, previously serving as chief technology officer at Paylocity, will take on the role of CPTO at E2open. With over 20 years of experience in building software, Lohani will lead product management, engineering, and technology at E2open.
E2open is known for its connected supply chain software platform, which connects more than 480,000 manufacturing, logistics, channel, and distribution partners as one multi-enterprise network, tracking over 16 billion transactions annually. The company’s SaaS platform anticipates disruptions and opportunities to help companies improve efficiency, reduce waste, and operate sustainably.
The appointments of Pawan Joshi and Rachit Lohani are expected to reinforce the company's commitment to delivering transformative supply chain solutions, client delight, and enduring business value to its customers. These strategic executive appointments are aimed at accelerating growth and strengthening the client-centric focus of the company as it evolves its comprehensive supply chain software platform. Following these announcements, the company's shares moved -3.3%, and are now trading at a price of $2.63. For the full picture, make sure to review E2open Parent's 8-K report.