FinancialForce Further Strengthens Leadership Team with the Appointment of Gordy Brooks as Chief Financial Officer
(Thomson Reuters ONE) -
Former Citrix GetGo, Aerohive Networks and Blue Coat Systems CFO Joins as
Company Accelerates its Growth
SAN FRANCISCO, Aug. 24, 2017 (GLOBE NEWSWIRE) -- FinancialForce, the leading
Cloud ERP for the new services economy, today announced the appointment of Gordy
Brooks as Chief Financial Officer. Brooks, former Citrix GetGo and Aerohive
Networks CFO, will help guide the company's aggressive growth strategy.
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Brooks' appointment comes at a time where FinancialForce is thriving and rapidly
accelerating the growth and expansion of its business, as well as its technology
innovation efforts. Earlier this year, the company announced it had reached the
$100 million annual revenue run rate milestone. Today's news follows other
significant additions to FinancialForce's leadership team in 2017 including CMO
Fred Studer, formerly in the same role at NetSuite, and CEO Tod Nielsen, a
former Salesforce senior executive.
"Gordy is one of the top CFOs in the industry, and will be an extremely valuable
addition to the team as the company continues on an exciting, and rapid growth
trajectory," said FinancialForce CEO, Tod Nielsen. "His breadth of experience in
leading companies through both growth and various stages of capital development
- including a successful IPO - is perfectly suited to help FinancialForce
achieve and exceed its goals."
According to research from GigaOm, the rate of change in the services economy
has become very steep, with 78.3% stating business conditions are changing
quickly. Additionally, 52% of professionals said that over the past year it has
become harder to run a services business. In order to adapt and thrive in line
with these changes, companies must redefine strategies, adapt to changing
business models and approach customer engagement differently. Brooks' hire
reflects FinancialForce's goals to dominate the cloud ERP market, help customers
succeed in the new services economy, and accelerate growth globally.
Brooks joins FinancialForce with more than two decades of senior financial
leadership experience at notable companies, including as CFO of public company
Blue Coat Systems, and in senior finance positions at VMWare and BEA Systems.
Most recently as CFO of Citrix GetGo, he was responsible for helping to
orchestrate the spin-out from Citrix of the GoTo SaaS product division and
successful merger with LogMeIn (LOGM). As CFO at Aerohive Networks, Brooks built
the finance, accounting, and enterprise IT functions to public company
readiness, and he led the company through a successful IPO. Brooks has also held
finance positions at other leading and innovative technology companies,
including Microsoft and WebTV Networks. Brooks is a Silicon Valley native, and
he started his career in the Palo Alto office of Ernst and Young.
"Over the course of my career I've had incredible opportunities to help build,
grow, and scale technology companies with the potential and ability to disrupt
their respective industries," said Gordy Brooks, CFO, FinancialForce.
"FinancialForce has a phenomenal opportunity in the Cloud ERP market, and it's
an exciting time to be joining the company. I look forward to playing an
integral role in the company's continued growth and working with Tod and the
leadership team to take the Company to the next level of development."
About FinancialForce
FinancialForce is the leading cloud ERP for the new services economy. The #1 ERP
native to the Salesforce platform, FinancialForce unifies data across the
enterprise in real-time, enabling companies to rapidly evolve their business
models with customers at the center. Founded in 2009 and headquartered in San
Francisco, FinancialForce is backed by Salesforce Ventures, Technology Crossover
Ventures, Advent International, and UNIT4. For more information,
visit www.financialforce.com.
Media Contact:
Allie Rosenberg
FinancialForce
arosenberg(at)financialforce.com
Julie Walsh
FinancialForce
jwalsh(at)financialforce.com
Bill Rundle
Highwire PR for FinancialForce
415.990.3348
billr(at)highwirepr.com
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: FinancialForce.com, Inc. via GlobeNewswire
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