Box Announces Appointment of Steve Murphy, CEO of Epicor Software, to its Board of Directors
May 16 2024 - 4:05PM
Business Wire
Murphy brings over 20 years of technology
experience as former senior leader at Oracle and Sun
Microsystems
Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced
the appointment of Steve Murphy, Chief Executive Officer of Epicor
Software Corporation, as KKR’s designee to Box’s Board of
Directors. Murphy brings more than 20 years of technology
experience to Box, having held leadership roles at OpenText,
Oracle, and Sun Microsystems. As part of this planned transition of
the KKR seat, effective today, John Park will step down from the
Board of Directors. Park has served on Box’s Board of Directors
since 2021.
“On behalf of the Board of Directors, I thank John for his
outstanding leadership and commitment to Box,” said Bethany Mayer,
Chair of Box’s Board of Directors. “Steve is a fantastic addition
to our Board. His success as CEO of Epicor, leading the company to
over $1 billion in annual recurring revenue, along with more than
20 years of experience in enterprise software and his deep
understanding of the content management market, will be invaluable
to Box as we drive our next phase of growth and innovation.”
“Steve’s strong enterprise technology expertise and track record
of operational excellence in his leadership roles at Epicor
Software, Oracle, and Sun Microsystems, will be extremely valuable
as Box continues to scale and power work for many of the largest
and most regulated organizations in the world,” said John Park,
Head of Americas Technology Private Equity at KKR.
“We’re thrilled to welcome Steve to Box’s Board of Directors and
feel confident in the collective experience the board brings to Box
as we power intelligence and workflow automation around content.
This will meaningfully expand the role we can play in the
enterprise, as we enable our customers to fully tap the value of
their content with AI,” said Aaron Levie, co-founder and CEO of
Box.
“Box is at the center of some of the most important trends in
technology history as companies look to digitize and automate
business processes, accelerate innovation with AI, and protect
their most important data,” said Steve Murphy. “It’s an exciting
time to join the company and I look forward to bringing my
experience to the board.”
As part of the KKR-led $500 million investment in Box in 2021,
KKR has the right to designate, subject to certain conditions, one
director to serve on Box’s Board of Directors.
Background on Steve Murphy
Murphy has served as Chief Executive Officer and a member of the
board of directors of Epicor Software Corporation, a business
software solutions company since October 2017. Under Murphy’s
leadership, Epicor surpassed $1 billion in annual recurring revenue
in April 2024.
Before joining Epicor, Murphy served as president of OpenText
Corporation, an enterprise information management company, from
January 2016 to May 2017, where he was responsible for all
customer-facing activities. Prior to OpenText, Murphy was Senior
Vice President of Sales and Services at Oracle where he held direct
quota and revenue responsibility for a $9 billion North America
Services Business and prior to that, he was a Group Vice President
of Sales with responsibility for top accounts representing over $2
billion annually. Murphy also held sales and operations leadership
positions at Sun Microsystems and Manugistics as well as roles
leading global logistics and supply chain strategy and major
enterprise resource planning implementations with Accenture and
Procter & Gamble.
Murphy holds an MBA from Harvard Business School and a Bachelor
of Science in Mechanical Engineering from the University of
California, Davis.
About Box
Box (NYSE:BOX) is the leading Content Cloud, a single platform
that enables organizations to fuel collaboration, manage the entire
content lifecycle, secure critical content, and transform business
workflows with enterprise AI. Founded in 2005, Box simplifies work
for leading global organizations, including AstraZeneca, JLL,
Morgan Stanley, and Nationwide. Box is headquartered in Redwood
City, CA, with offices across the United States, Europe, and Asia.
Visit box.com to learn more. And visit box.org to learn more about
how Box empowers nonprofits to fulfill their missions.
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Investors: Cynthia Hiponia and Elaine Gaudioso +1 650-209-3463
ir@box.com
Media: Rachel Levine +1 650-543-6926 press@box.com
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