Quantum Retail names new CFO

Kevin Davidson has joined Minneapolis-based Quantum Retail Technology as CFO, reporting to CEO Steve Buege.

Davidson joins Quantum after serving the past two years as CEO of Critical Perfusion. He previously he held C-level positions with BioDrain Medical Inc., OrthoRehab Inc., and was a managing director at Arthur Andersen.

"Kevin's track record as a CFO for several high growth companies combined with his hands on business experience made him an ideal candidate to step into this important role as we plan for Quantum's next stage of growth," Buege said. "We were excited to find a seasoned professional who has experience in helping to scale fast-growing companies such as ours."

Quantum offers retailers software solutions for understanding product demand based on consumer behavior and turning that understanding into actionable results. The company’s allocation, replenishment and order planning solutions are designed to increase retailer profitability by helping merchant's to be more responsive and by supporting their omnichannel and international objectives.

"Quantum has a great reputation of being highly successful based on its track record of innovation and meaningful support for its clients," Davidson said. “Quantum's performance to date has been impressive. Their ability to quietly amass a client list that includes a number of tier-one retailers speaks to the significant value the Quantum product suite delivers to its customers."

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