Cloud-based software provider Infor has hired Wall Street veteran Jeff Laborde as its chief financial officer. Laborde reports to company CEO Charles Phillips and joins the firm at a time of significant growth, according to Infor. The company—which serves customers in a range of industries, including automotive, aerospace, distribution, and manufacturing—saw a 300% increase in bookings of its cloud applications in its most recent fiscal year, which ended April 30.
"After investing heavily in R&D to deliver the first set of industry suites delivered in the cloud, Infor is heading into a period of high growth," said Phillips. "Jeff Laborde, with his extensive background in technology finance, is a perfect fit to help guide Infor through this next phase in the evolution of the company."
Laborde most recently served as CFO of SumTotal Systems, Inc., a supplier of Human Capital Management (HCM) software. Prior to that post, Laborde was a managing director at Goldman, Sachs & Co. in the Technology, Media & Telecom Group. Laborde also served in Credit Suisse First Boston's Technology Group and Arthur Andersen LLP's Audit and Business Advisory Group. He has an MBA from the Wharton School of the University of Pennsylvania.