weinswig joins profitect as chief customer officer

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Deborah Weinswig Joins Profitect as Chief Customer Officer Waltham, MA, Oct. 28, 2013 Profitect , a global leader in pattern seeking analytic solutions for retail, is pleased to announce the appointment of Deborah Weinswig to Chief Customer Officer. Reporting directly to the CEO, Deborah will be responsible for ensuring Profitect customers achieve the metrics that matter most to Wall Street. Using the voice of the customer and her indepth knowledge of retail market needs, Deborah will guide Profitect product strategy to maximize customer value, operational excellence, and profitability. Deborah was most recently at Citi Research for almost 12 years where she led the Retailing/Broadlines and Food & Drug Chains teams, and was the Global Consumer Discretionary Sector Head. In the past ten years, Deborah has been one of the top ranked analysts in the Institutional Investor Survey for Retailing/Department Stores and Broadlines in the Retailing/Food & Drug Sector. In 2012, Deborah received ICSC's Researcher Award for Outstanding Service and was also ranked as one of The 36 Best Analysts on Wall Street by Business Insider. Since 2002, Deborah has been identified as the top ranking analyst in the Retailing/Broadlines Industry as Earnings Estimator, and ranked second or third place as a Stock Picker by StarMine. "Profitect is well positioned for retailers looking to leverage big data, and the mobile Internet,” said Deborah Weinswig. “With retailers focussed on continued improvement of sales while maintaining costs, Profitect combines the necessary insight and execution to make it happen. Retailers tend to overlook the ROI on their software investment, Profitect is unique in helping calculate basis point increases due to operational excellence across the supply chain.” Previously Deborah covered the supermarkets, drugstores, discounters, clubs, and food distributors at Bear Stearns receiving RunnerUp honors in the Retailing/Food and Drug sector from Institutional Investor. Prior to her tenure at Bear Stearns, Deborah was a member of the global strategy team at Morgan Stanley, where she had primary responsibility for the Competitive Edge fund. "We are pleased to welcome Deborah to Profitect as Chief Customer Officer and look forward to the valuable input she will provide our growing customer base," stated Guy Yehiav, CEO of Profitect. "Deborah's in depth knowledge of retail validates the approach Profitect is taking to help retailers increase same store sales and maintain costs. We're very excited to work with her." About Profitect Profitect’s Profit Amplification software, a patternseeking solution, enables retailers to quickly realize increased revenue and reduced costs across the entire retail supply chain. Profit Amplification patternseeking algorithms can “tell a story” by identifying the root cause of anomalies such as inventory distortion, onshelf availability, shrink/waste/damage, or process noncompliance – helping retailers minimize the effort necessary to identify controllable factors which the solution translates into action. As a result, retailers can move quickly to prevent profit leakage at all levels of

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Press Release when Deborah Weinswig joined Profitect

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Page 1: Weinswig Joins Profitect as Chief Customer Officer

Deborah  Weinswig  Joins  Profitect  as  Chief  Customer  Officer

Waltham,  MA,  Oct.  28,  2013  -­‐  Profitect,  a  global  leader  in  pattern  seeking  analytic  solutions  for  retail,

is  pleased  to  announce  the  appointment  of  Deborah  Weinswig  to  Chief  Customer  Officer.

Reporting  directly  to  the  CEO,  Deborah  will  be  responsible  for  ensuring  Profitect  customers  achieve

the  metrics  that  matter  most  to  Wall  Street.    Using  the  voice  of  the  customer  and  her  in-­‐depth

knowledge  of  retail  market  needs,  Deborah  will  guide  Profitect  product  strategy  to  maximize

customer  value,  operational  excellence,  and  profitability.

Deborah  was  most  recently  at  Citi  Research  for  almost  12  years  where  she  led  the

Retailing/Broadlines  and  Food  &  Drug  Chains  teams,  and  was  the  Global  Consumer  Discretionary

Sector  Head.    In  the  past  ten  years,  Deborah  has  been  one  of  the  top  ranked  analysts  in  the

Institutional  Investor  Survey  for  Retailing/Department  Stores  and  Broadlines  in  the  Retailing/Food  &

Drug  Sector.  In  2012,  Deborah  received  ICSC's  Researcher  Award  for  Outstanding  Service  and  was  also

ranked  as  one  of  The  36  Best  Analysts  on  Wall  Street  by  Business  Insider.  Since  2002,  Deborah  has

been  identified  as  the  top  ranking  analyst  in  the  Retailing/Broadlines  Industry  as  Earnings  Estimator,

and  ranked  second  or  third  place  as  a  Stock  Picker  by  StarMine.

"Profitect  is  well  positioned  for  retailers  looking  to  leverage  big  data,  and  the  mobile  Internet,”  said

Deborah  Weinswig.    “With  retailers  focussed  on  continued  improvement  of  sales  while  maintaining

costs,  Profitect  combines  the  necessary  insight  and  execution  to  make  it  happen.  Retailers  tend  to

overlook  the  ROI  on  their  software  investment,  Profitect  is  unique  in  helping  calculate  basis  point

increases  due  to  operational  excellence  across  the  supply  chain.”

Previously  Deborah  covered  the  supermarkets,  drugstores,  discounters,  clubs,  and  food  distributors

at  Bear  Stearns  receiving  Runner-­‐Up  honors  in  the  Retailing/Food  and  Drug  sector  from  Institutional

Investor.  Prior  to  her  tenure  at  Bear  Stearns,  Deborah  was  a  member  of  the  global  strategy  team  at

Morgan  Stanley,  where  she  had  primary  responsibility  for  the  Competitive  Edge  fund.

"We  are  pleased  to  welcome  Deborah  to  Profitect  as  Chief  Customer  Officer  and  look  forward  to  the

valuable  input  she  will  provide  our  growing  customer  base,"  stated  Guy  Yehiav,  CEO  of  Profitect.

"Deborah's  in  depth  knowledge  of  retail  validates  the  approach  Profitect  is  taking  to  help  retailers

increase  same  store  sales  and  maintain  costs.  We're  very  excited  to  work  with  her."

About  Profitect

Profitect’s  Profit  Amplification  software,  a  pattern-­‐seeking  solution,  enables  retailers  to  quickly

realize  increased  revenue  and  reduced  costs  across  the  entire  retail  supply  chain.    Profit

Amplification  pattern-­‐seeking  algorithms  can  “tell  a  story”  by  identifying  the  root  cause  of  anomalies

such  as  inventory  distortion,  on-­‐shelf  availability,  shrink/waste/damage,  or  process  non-­‐compliance

–  helping  retailers  minimize  the  effort  necessary  to  identify  controllable  factors  which  the  solution

translates  into  action.    As  a  result,  retailers  can  move  quickly  to  prevent  profit  leakage  at  all  levels  of

Page 2: Weinswig Joins Profitect as Chief Customer Officer

the  organization,  ultimately  improving  business  processes  and  the  top  and  bottom  line.

Media  Contact:

Michele  Horowitz

[email protected]

+1-­‐781-­‐290-­‐0009