The company issued a statement to the channel citing its strong growth, thanking Qureshi and reporting that "Joe has an impressive track record of growing technology and enterprise software companies and taking them to the next level." Okay: Epicor had fiscal 2013 revenue of $855.5 million. Cowan's previous employer, Online Resources, had sales of $116 million for fiscal 2011 and was running about $158 million annualized for 2012. Before that he was at Interwoven, which reported $260.3 million in revenue for fiscal 2008, its last year. Add in Manugistics Group and EXE Technologies and Cowan has been CEO of four companies since 2003, all of them acquired or merged out of existence. Is that the next level? Qureshi became CEO when Epicor and Activant Solutions were acquired by private equity firm Apax Partners and combined early in 2011. He joined Activant joined in 1994 as director of marketing,