Körber appoints Jason Russell, a seasoned technology M&A banker, as Executive Vice President Strategy & Corporate Development for supply chain software business
Jason Russell will join Körber’s executive leadership team to lead mergers and acquisitions (M&A), global business development and implementation of corporate growth strategy across geographies for the supply chain software business.
Hamburg, Germany - 06 June 2022.
Jason Russell has extensive experience in enterprise software and tech-enabled services mergers & acquisitions (M&A) with a focus on supply chain & logistics technology and eCommerce enablement. Most recently, he was a Managing Director at Solomon Partners specializing in software & disruptive technologies. In addition, he’s held leadership and operational roles in the global banking, automotive and supply chain sectors at Citi, Lear and Caliber Logistics (acquired by FedEx). He has a proven track record of sell-side and buy-side M&A, along with growth equity and debt financing.
“More than 90 percent of companies recognize that a strong supply chain is critical for meeting today’s consumer demands. This represents major opportunities for our supply chain software business. Both our organic growth and M&A activities will build a substantial backbone on our journey to become the global supply chain software champion. With Jason Russell, we will expand our presence globally and provide even more benefits to our customers from the ever-evolving depth and breadth of our solution portfolio,” says Chad Collins, Chief Executive Officer at Körber.
“This is an exciting time for Körber’s supply chain software business, given its strong positioning in the industry and clear objective to become the global supply chain software champion. The rapid expansion of eCommerce and increasing interconnectivity of the global economy have shown us both the value of supply chains and their vulnerability to disruption. Around the world, they are critical for hauling medicine, food and consumer goods to communities. As we enable companies to build efficient and sustainable supply chains, we are helping those who move goods to do good. I look forward to being part of Körber to further empower businesses to conquer their complexities and make this a reality,” adds Jason Russell.
Russell’s appointment follows the announcement of KKR’s acquisition of a significant minority stake in Körber's supply chain software business in 2021. This strategic partnership enables Körber to enhance its global position in the market with recognized warehouse and transport management solutions, rapidly expanding voice and robotics practices and integrated end-to-end supply chain solutions. Learn more here.
