January 15, 2010 (FinancialWire) — Selectica (NASDAQ: SLTC), a California provider of enterprise contract lifecycle management and sales configuration solutions, said that Jason Stern has been promoted to president and chief operating officer.

In his new role, Stern will report to the board of directors, assume responsibility for the day-to-day operations of the company, and play an active role in setting strategic direction.

Stern joined Selectica in 2006 as vice president of Product Management, Contract Management Solutions. He has also served as vice president of Business Development, and most recently as the senior vice president of Operations. Under Stern’s leadership, revenue from the Selectica Contract Lifecycle Management  solution has grown significantly, the technology has been recognized as a leading solution by top industry analysts, and Selectica has been chosen as a strategic go-to-market CLM vendor by several new partners, including EMC Corp..

Prior to Selectica, Stern was vice president of Product Management at I-many. He has also held positions at Oracle.

FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (http://www.financialwire.net/news-alerts/).

FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) website (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.