Having reported a big fourth-quarter loss last month, Broadway & Seymour Inc. is undergoing a sweeping management reorganization aimed at quick restoration of profitability, company officials said.

William W. Neal 3d, 63, chairman and chief executive of Charlotte, N.C.- based software and system integration firm, said in an interview this month that he plans to retire this year after the revamping takes hold. He has been chief executive since the company went public in 1992.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.