Marinus ter Laak has resigned his position as managing director of Exact's Business Solutions division. Ter Laak, who joined the Netherlands-based company, also left his position on the board of managing directors of the company. In European practice, such boards typically are comprised by the CEO, CFO and other top executives involved in day-to-day operations and are under the purview of the supervisory board. His base salary was about $373,000.

The howling sound is probably a number of Sage resellers reacting to increases in tier levels of software products. The move was about as popular as Bill Cosby showing up at a Playboy Bunny reunion as the threshold for the top tier, the purchases of Mid-Market financial applications needed to qualify for the Diamond Tier, rose by 48 percent. The amount is now $400,000 for that level, $200,000 for Platinum and $100,000 for Gold.

Fred Studer, general manager for Microsoft Dynamics, has reportedly joined NetSuite as its chief marketing officer. No announcement has been made and Studer's LinkedIn page still shows him in the job he with started with Microsoft in May 2011. He had been with that company since September 2007. However, I don't see any reason to doubt the source of this news although I have an inquiry sent to NetSuite.