Consumer >> CEO Interviews >> May 27, 2002

Karl Willig – Infogenesis

KARL WILLIG is President and CEO of InfoGenesis. Mr. Willig's first introduction to the technology business was in 1979, when he was hired to assume management of Cooper National, a data processing company in bankruptcy, caught off-guard by the explosion in desktop computing. From an original staff of four individuals, he created InfoGenesis, now a thriving software company with a customer roster that includes the most prestigious names in the hospitality business. Mr. Willig's savvy and calculated risk-taking are seen as keys to the company's success. Having established InfoGenesis as a leading provider of point-of-sale (POS) solutions for the hospitality industry, Mr. Willig anticipated the technology shift to 'open systems' and began development of Revelation, its award-winning POS software solution, well before the competition in the industry. His timing was near perfect; sales soared. The company expanded its reputation as the premier point of sale provider in the industry, has earned precious market share, and continues to win customers and industry accolades for its software and world-class support. With three years of increasing sales and the popularity of its software on the rise, Mr. Willig is again planning a major shift in InfoGenesis' business strategy to adapt to changing technology. He is comfortable in leading organizations through change and is financially shrewd. Prior to dedicating himself to InfoGenesis, he co-founded and served as managing partner of Santa Barbara Capital, a real estate investment firm which undertook and completed projects in commercial, industrial and residential real estate with a total value in excess of $100 million. Mr. Willig served as CFO, COO, and CEO of Santa Barbara- based Sambo's Restaurants, Inc. at the time, the largest operator of company-owned full service restaurants in the US. While at Sambo's, he implemented programs to reduce labor costs by 30% and reduced the company's distribution costs by 25%. He served as Executive Vice President and Chief Operating Officer of Rufenacht, Bromagen & Hertz, Inc. at the time, the largest brokerage company specializing in livestock commodity futures contracts. Mr. Willig also served as Group Vice President for Arizona-Colorado Land & Cattle Co., where he was responsible for operational management and planning for its meat packing division, real estate development division, engineering division, and commodity futures brokerage division, which had annual combined revenues of more than $123 million. Mr. Willig holds an MBA from the Harvard Graduate School of Business, where he was a Dean Donald Kirk David Fellow. He is a registered Certified Public Accountant. He is a Distinguished Graduate of the Army Officers' Candidate School and a Distinguished Graduate of Armor Officers' School, Fort Knox, Kentucky. Profile
TWST: Could you give us an overview of your business?

Mr. Willig: InfoGenesis is a privately held California corporation

engaged in the development and marketing of integrated