Descartes Systems (DSGX -6.2%) appoints Edward Ryan CEO as part of the company's succession plan, replacing the retiring Arthur Mesher. Ryan previously served as Chief Commercial Officer.
J. Scott Pagan has been appointed President and COO. He was formerly Chief Corporate Officer.
Descartes sees preliminary Q3 revenue of $38.5M-$38.8M (vs. consensus of $38.3M) and income before taxes of $4.1M-$4.3M.