Hamish Brewer, JDA

“Praesidium asked a lot of insightful questions before first becoming an investor in JDA Software, Inc. at a stage in the growth of our company when I believed that JDA was undervalued by the public markets. After completing their diligence and gaining an understanding of our company that was unusually thorough, Praesidium invested significantly in JDA and over a period of several years became JDA’s largest shareholder. While invested in JDA, Praesidium often presented ideas that resulted from their analytical approach which challenged the management team and gave us a valuable second perspective on how to think about operating metrics and overall return on equity. As CEO of the company, this was just the kind of shareholder I wanted.”

Hamish Brewer
Chief Executive Officer, JDA (2003-2014)