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QRS Corporation Appoints New CEO

RICHMOND, Calif. - QRS Corporation, provider of global sourcing and supply chain management solutions for the retail industry, announced on Monday the appointment of Elizabeth (Liz) Fetter as president and CEO. Fetter replaces John Simon, who will remain with the company as executive vice president of Strategy and Business Development and will continue to serve as a member of the Board. Fetter's appointment is effective immediately.

Fetter has more than 20 years of senior management experience, including a decade of leading strategy development and plan execution at top information services and telecommunications companies, most recently as president and CEO of NorthPoint Communications. Prior to that, as a consultant, Fetter advised retail and consumer goods companies on global initiatives.

"As QRS enters a phase of stronger revenue growth, Liz brings a proven track record of transforming companies and creating value for customers and shareholders. We are very excited to have Liz join us as CEO," said QRS chairman of the board Peter Johnson. "We are confident that Liz is the right person to lead our senior management team in refining and implementing our strategy to improve performance and growth."

"I am very pleased to be joining QRS at such an important and exciting time Having begun to implement a global strategy that leverages its unparalleled collaborative e-commerce solutions, 4,000-plus customer base and 13 years of experience in addressing the evolving needs of the retail industry, QRS is positioned for significant growth," said Fetter.
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