Appointment Door - Photo by Dima Pechurin on UnsplashEpicor has lost little time finding a new CFO after the departure of David Mehok to Q2 in November. The company has appointed Samuel Monti as its new Chief Financial Officer. Monti will assume responsibility for the Epicor Financial organisations, including accounting, tax, treasury, financial reporting, and analysis.

Steve Murphy, CEO Epicor stated: “Given Sam’s impressive track record, we know he is the best addition to our team to further accelerate growth and results on a global scale. As a seasoned CFO, Sam has experience successfully leading and closing complex acquisitions and company transactions, as well as deep operational finance leadership expertise. We are thrilled to welcome him aboard.”

Who is Monti?

Sam Monti, CFO at Epicor Software
Sam Monti, CFO at Epicor Software

Monti joins Epicor from Khoros where he was CFO. He was CFO at Lithium Technologies working on the merger of Spredfast and Lithium Technologies in 2018. That led to the creation of Khoros in 2019. Monti also has a wide experience of working with Private Equity firms.

At Khoros he worked with Vista Equity Partners. Before that, in his position at Mitratech, he led that company through two major investors’ changes. Firstly from Vista Equity to TA Associates and then to Hg Capital. With CD&R having just acquired Epicor that experience is an important factor. He was also named 2017’s Best CFO for the large, privately held business category by the Austin Business Journal.

He began his career at Sherwin Williams before spending 14 years at Rockwell Automation where he rose to become Director of Finance, Software. His has deep experience in the SaaS industry will have appealed to Epicor. Monti commented: “I am incredibly excited to join Epicor and its talented leadership team. As a highly regarded enterprise software company, Epicor is seeing significant growth. I look forward to continuing to build on the momentum created and adding value to the organization for both employees as well as current and future customers.”

Enterprise Times: What does this mean

This is a step up for Monti into an organisation with both a large international presence and a large number of products that address several different markets. Epicor and CD&R have chosen an experienced CFO that will help Epicor through its next strategic moves. He has experience in acquisitions, and it will be interesting to see whether Epicor increases the cadence of those.


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