Financialforce has named Fred Studer, who was a long-time Microsoft employee and then head of NetSuite's marketing, as its first chief marketing officer. His hiring comes on the heels of the naming of Tod Nielsen as CEO. FinancialForce says the appointment follows a year in which it grew by 40 percent to a $100-million annual run rate.

The current message to RealWorld users on the Passport Software website is a testament to how long software can endure. Great Plains acquired the former RealWorld early in 2000. Great Plains killed the product, which served as a lesson of what not to do with acquired software. During that time, the RealWorld code lived on as Passport Business Solutions.

An investment group that pledged to oust Shirley Singleton, CEO of Edgewater Technology, has kept its promise. The board of directors has named one of its members, Jeffrey L. Rutherford, as chairman, interim president and CEO. An investor group, which had vowed to replace Singleton and the company's chief technology officer David Clancey, won a proxy fight in February.  

A Brooklyn parking garage space recently sold for $300,000. Unfortunately, it's metered and requires almost 3,300 quarters daily. ... ... A news report the FDA failed to seize 300,000 pounds of rat meat being marketed as chicken wings turned out to be a hoax. However, the FDA continues to receive reports of diners reporting their wings occasionally have tails.