Category Archives: Business: Executives

News for Business Executives, current, trending, fresh , Press Releases about whats currently happening in the Business Place for executives.

Hans Haglund Brings Business Development and Sales Acumen to Foundation Software Group


Hans Haglund

Hans Haglund Joins Foundation Software Group as VP of Business Development

“Hans is in a unique position to share how Foundation goes way beyond traditional CRM tools, allowing more lawyers and BD departments to begin unlocking relationship knowledge for themselves.”

Foundation Software Group, developer of the only firm intelligence platform for law firms, announced today that Hans Haglund has joined the company as VP of Business Development. Haglund has a reputation for driving revenue by connecting the dots across client and firm relationships in the pursuit of new opportunities. He is in a unique position to guide firms on how to use their collective intelligence in Foundation to support clients, identify strategic opportunities, and grow business.

As a C-level exec, Haglund has led multiple business development, marketing, sales, and pursuit teams at several top law firms, including Eversheds Sutherland, Blank Rome, Patton Boggs, and Paul Hastings. His approach to business building includes teaming up with top rainmakers to provide rich relationship and experience intelligence that enhances outcomes and fuels regenerative revenue sources. Recognizing the value of a holistic client view, Haglund also co-founded Manzama (acquired by Diligent Software Group) to provide client intelligence to law and professional services firms. He is a member of several M&A and venture capital professional organizations, a board member of two emerging growth companies, and a partner in an early stage investment fund.

“Hans was one of the first to recognize the value of firm intelligence across Business Development and rainmaking partners at law firms,” noted Nate Fineberg, CEO and co-founder of Foundation Software Group. “We’re really excited that he’ll be able to share his approach with the growing Foundation community.”

“The top revenue generating lawyers and business development professionals have a unique understanding of the complex ecosystem of investors, lenders, operating companies, financial advisors, and others that consummate business transactions,” according to Christian Berger, Senior Advisor at McGuireWoods. “With that background, Hans is in a unique position to share how Foundation goes way beyond traditional CRM tools, allowing more lawyers and BD departments to begin unlocking relationship knowledge for themselves.”

“Everyone is trying to generate deal flow. Foundation supports those initiatives better than anyone other product in the marketplace. The ability to uncover and leverage previously hidden connections among buyers, sellers, contacts, and the work a firm has done is transformational,” said Haglund, “I’m fired up to be joining Foundation to help firms harness their intelligence around deals, litigation, and other matters to win and keep more business.”

About Foundation Software Group

Foundation Software Group enables large law firms to transform their disparate data about clients, matters, people, and parties into usable and actionable information. Its Firm Intelligence platform includes integrated applications for Experience Management, Expertise Location, and Client Management — leveraging firm knowledge to win new business, improve client service, and gain insight into both the business and practice of law. Foundation is led by an accomplished team of professionals with deep experience in successful law firm application development. Please visit https://foundationsg.com for more information.

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Mobile Education Platform, Aceable, Welcomes Marissa Tarleton as New Company President and Esther Lem as Board Member


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Aceable, a mobile-first education platform for certification and training products, today announced that Marissa Tarleton has joined as president, effective May 4, 2020. Tarleton most recently served as chief executive officer of RetailMeNot, also based in Austin, Texas. Founder, Blake Garrett, will remain as chief executive officer.

Garrett founded the company in 2012, raised nearly $60 million in venture capital, and has led the organization to growth with practical and fun mobile training in drivers education, defensive driving, and real estate education. With over one million learners a year and 200 employees worldwide, Aceable is well-positioned to transform how consumers access the courses needed to open doors in their lives.

“Over the last six years, Aceable has been fortunate to go from teaching zero to one and a half million learners per year. That growth trajectory, coupled with the recent rapid shift to online learning means mobile-first education solutions are more important than ever. In order to expedite the pace at which we help unlock student’s dreams, it was time to strengthen our talented leadership team. It’s an honor to partner with Marissa as we keep pushing the limits of what Aceable can help students achieve. “

Marissa Tarleton joins Aceable from RetailMeNot where she served as chief executive officer. She has demonstrated leadership in building digital marketplaces that benefit both consumers and brands. Tarleton has over 20 years of e-commerce and marketing leadership experience for companies including RetailMeNot, RxSaver by RetailMeNot, Dell and Ogilvy & Mather. She was named a top 50 CMO on the inaugural Forbes CMO Next list in 2018, is a member of YPO Austin, and is a 2020 Henry Crown Fellow of the Aspen Institute. She earned her bachelor’s degree from Colgate University and a Master of Business Administration from the University of Texas at Austin.

“I am thrilled to be joining the top-notch talent at Aceable to help revolutionize how consumers access mobile training and certification during a time when the country needs it most.”

Also joining the Aceable team is a new board member, Esther Lem. Esther serves as the Chief Marketing Officer for Chegg Inc., where she oversees all aspects of the Chegg brand and the end-to-end user experience. Chegg is an education technology platform that supports students and helps them learn through every step of their academic journey. Previously, Esther held various senior marketing roles at Unilever stewarding many brands including Dove and Axe.

“I am excited to join the Aceable board, and plan to leverage my experience bringing overwhelming value to customers in their education experience together with my deep consumer understanding to help accelerate Aceable’s growth in this increasingly popular, on-demand EdTech space,” said Lem.

“There are educational barriers between people and the lives they want. Aceable has a tremendous opportunity to demolish these barriers across countless industries. As more and more people turn to online learning for personal and professional development, Aceable will be there to serve their needs. The addition of these two remarkable leaders to our team will help ensure we fulfill our vision,” says Garrett.

About Aceable

Headquartered in Austin, Texas, Aceable is a mobile education platform that offers accredited education anytime, anywhere. Replacing tired formats with dynamic content that’s easy-to-use across all platforms and devices, Aceable makes required education relevant, convenient and fun. From its’ origins in driver’s ed—where it now has 70% of the Texas market—to the meteoric growth of real estate training, Aceable aims to empower tens of millions of people with the high-stakes education they need to accomplish their life goals and is consistently named one of the best places to work in Austin (Austin American Statesman and Austin Business Journal). Lastly, Aceable is proud to have received backing from storied investors like Sageview Capital, Silverton Partners, Floodgate Fund, Next Coast Venture Partners, Wildcat Venture Partners, Nextgen Partners, and the Capital Factory Fund. For more information about Aceable, visit http://www.aceable.com.

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Klaas Knot, President of De Nederlandsche Bank, joins the Group of Thirty


Klaas Knot

The Group of Thirty (G30) announced today that Prof. Dr. Klaas Knot, President of De Nederlandsche Bank and Vice Chair of the Financial Stability Board, has accepted an invitation to join the Group’s membership.

The Group of Thirty, founded in 1978, is an independent global body comprised of economic and financial leaders from the public and private sectors and academia. It aims to deepen understanding of global economic and financial issues, and to explore the international repercussions of decisions taken in the public and private sectors.

Dr. Jacob A. Frenkel, Chairman of the Board of Trustees, stated: “We are delighted to welcome Klaas to membership of the G30.” Dr. Frenkel continued: “I know his incisive intellect and careful analytical approach to addressing the many challenges the global financial community confronts will add a great deal to our collective deliberations.”

Tharman Shanmugaratnam, Chairman of the G30, said: “The Group’s policy deliberations and studies will be more important than ever in the wake of COVID-19 and the unprecedented challenges it will pose in the coming years, wherever we are. I look forward to Klaas’s contributions to this future thinking.”

Professor Klaas Knot stated: “I am pleased to join such an illustrious membership. I look forward to engaging on issues of greatest concern globally and supporting the G30’s mission.”

A full G30 membership list is available at http://group30.org/members.

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NAIFA to Moderate CEO Panel with ACLI, IRI and SIFMA


Susan Neely of ACLI, Kevin Mayeux of NAIFA, Wayne Chopus of IRI and Ken Bentsen of SIFMA

CEO Panel to be held May 12th at 1 pm EDT

Our organizations are coming together to identify synergies where we can partner together to better serve Main Street Americans

CEOs of the four largest financial industry associations will explore the COVID-19 pandemic’s impact on the economy and how they can coordinate efforts to help main street Americans, families and businesses. The panel discussion will take place on Tuesday, May 12, from 1:00-2:00 pm EDT via Zoom.

The panelists will be Susan Neely, President and CEO of the American Council of Life Insurers (ACLI); Ken Bentsen, President and CEO of the Securities Industry and Financial Market Associations (SIFMA); and Wayne Chopus, President and CEO of the Insured Retirement Institute (IRI).

Titled “Serving Main Street in a New Normal”, the session’s objective is “to create a conversation around what each association is doing to support their members and the industry and the importance of coming together and building synergies to support the industry,” according to Kevin Mayeux, CEO of the National Association of Insurance and Financial Advisors, who will moderate the panel.

About:

The American Council of Life Insurers (ACLI) is the leading trade association driving public policy and advocacy on behalf of the life insurance industry. 90 million American families rely on the life insurance industry for financial protection and retirement security. ACLI’s member companies are dedicated to protecting consumers’ financial wellbeing through life insurance, annuities, retirement plans, long-term care insurance, disability income insurance, reinsurance, and dental, vision and other supplemental benefits. ACLI’s 280 member companies represent 94 percent of industry assets in the United States.

The IRI is the leading association for the entire supply chain of insured retirement strategies, including life insurers, asset managers and distributors, such as broker-dealers, banks and marketing organizations. IRI members account for 90 percent of annuity assets in the U.S., include the top ten distributors of annuities ranked by assets under management and are represented by financial professionals serving millions of Americans. IRI champions retirement security for all through leadership in advocacy, awareness, research and the advancement of digital solutions within a collaborative industry community.

Founded in 1890, NAIFA is the oldest, largest and most prestigious association representing the interests of financial services professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for financial services professionals and called upon members to grow their knowledge while following the highest ethical standards in the industry.

SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of our industry’s nearly 1 million employees, we advocate for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. We also provide a forum for industry policy and professional development. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA).

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Sean Motter Promoted to President of Fort Wayne Roofing, A Tecta America Company


“Sean will build on the same core values of hard work, leadership, team building, and goal setting as Jan Sircey had as President of Fort Wayne Roofing.” – Todd Stugelmayer, VP of National Operations.

Tecta America, the nation’s premier commercial roofing contractor, is proud to announce that Sean Motter will assume the position of Operating Unit President of Fort Wayne Roofing in Fort Wayne, Indiana as of May 1, 2020. Sean has been a critical member of the management team involved with all areas of the business especially estimating, project management, and operations.

Sean joined Fort Wayne Roofing in 2008. He was hired as an Estimator/Project Manager and transitioned to Vice President in 2018. He has been instrumental in Fort Wayne’s success with the H2B visa program. Before Fort Wayne Roofing, he worked at a Roofing Consulting Firm doing roof consultations, project management, roof design, and quality assurance. He was an “RRO” a Registered Roofing Observer.

Sean went to school at Purdue where he studied Construction Management. He is married and the proud father of 3 children. Sean is passionate about youth coaching. He has been coaching youth sports for over 30 years, long before his own child was on a team. He also likes to spend his time at the motocross track helping his son develop his riding skills.

“I look forward to working with Sean in his new capacity as Operating Unit President for Fort Wayne Roofing. Sean has always been a high energy, goal-oriented leader and I am very pleased he has accepted this new challenge as Operating Unit President for Fort Wayne Roofing. Sean will build on the same core values of hard work, leadership, team building, and goal setting as Jan Sircey had as President of Fort Wayne Roofing.” – Todd Stugelmayer, VP of National Operations.

Jan Sircey, former President started Fort Wayne Roofing in 1989. Fort Wayne Roofing was acquired by Tecta America Corporation in 2018. Jan will provide assistance to Sean in his new role and is looking forward to retirement.

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Latham Pool Products Appoints Kaushal Dhruv as Chief Information Officer


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“I am excited to join Latham’s senior leadership team and help the company on its transformation journey,” says Dhruv. “From an IT perspective, we are working toward innovative solutions for the company both internally and externally, further positioning Latham as a thought leader in the industry.”

Latham Pool Products Inc., the world’s largest manufacturer of inground residential swimming pools and accessories, is pleased to announce an addition to the Senior Leadership Team. Kaushal Dhruv has been appointed to the position of Chief Information Officer (CIO). An experienced executive, Kaushal will provide leadership and support to the Information Technology and Project Management team. He will report directly to Latham President and CEO, Scott Rajeski.

Rajeski explains, “We are on an exciting growth journey complete with changes that will continue to propel Latham’s position as THE Pool Company, and I am proud to welcome Kaushal to the Senior Leadership Team. His extensive experience and knowledge provide Latham with the proper leadership to continue driving our progress in North America and abroad.”

Kaushal comes to Latham after completing a 16-year career as Director of KPMG’s Technology practice where he focused on consulting with CIOs and CTOs of Fortune 500 companies. He has expertise in providing IT Strategy, Digital Transformation, audit and controls services to State and Local governments, universities, telecommunications, utilities, health care, manufacturing, pharmaceuticals, insurance companies and financial institutions. Kaushal has a Masters in Information Management from Syracuse University, a Masters in Engineering Management from the Martin J. Whitman School of Management, a Bachelors in Computer Engineering from the Pune Institute of Computer Technology, and a Diploma in Electronics and Telecommunications Engineering from the University at Mumbai. He also holds a number of certifications, including PMP – Certified Project Manager, CISA – Certified Information Systems Auditor, Certified in Enterprise Governance of IT (CGEIT) and Certified in Risk Information Systems and Controls (CRISC).

As CIO and member of the executive team, Kaushal will be responsible for creating a world-class IT organization and furthering Latham’s effort to leverage technology to drive market solutions and create a competitive advantage to aid our customers’ success.

“I am excited to join Latham’s senior leadership team and help the company on its transformation journey,” says Dhruv. “From an IT perspective, we are working toward innovative solutions for the company both internally and externally, further positioning Latham as a thought leader in the industry.”

“With this appointment, our leadership team is stronger than ever, we are ready to deliver on commitments, exceed our goals, and elevate our passionate culture, which will benefit every single Latham employee, partner and customer,” Rajeski further explained.

About Latham Pool Products Inc.

Latham is the world’s largest manufacturer of fabricated pools in the world with over six decades of experience at the center of the backyard lifestyle. Every day, families in North America, Europe and Australia enjoy the Latham pool experience. And each year, thousands more join them. When it comes to quality, selection, simplicity and support, Latham is The Pool Company. As of December 2018, Pamplona Capital Management has a controlling interest in Latham Pool Products, Inc., and Wynnchurch Capital is a significant investor in the Company. Pamplona, Wynnchurch, management, and the founding family have partnered to position the business for meaningful growth, innovation and international expansion.

About Pamplona Capital Management

Pamplona Capital Management is a specialist investment manager established in 2005 that provides an alternative investment platform across private equity and other diversified strategies. With offices in New York, London, Madrid, and Malta, Pamplona manages over $12 billion in assets for a variety of clients. Pamplona invests long-term capital across the capital structure of its portfolio companies in both public and private market situations.

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Blake’s Hard Cider Growth Continues in 2020 and Names Chief Operating Officer


“The times we are currently experiencing have a way of focusing everyone on what truly matters in life and in business,” said Andrew Blake, President of Blake’s Family of Companies.

Blake’s Hard Cider (BHC), one of the fastest-growing cideries in the U.S., and largest in the Midwest, continues to report record sales growth, despite COVID-19 shelter-in-place orders in all of BHC’s distribution markets.

BHC finished the first quarter of 2020 up more than 60 percent in sales and up over 62 percent in hard cider shipments. According to IRI data through the end of March, Blake’s has the best dollar growth trend for all Top 20 U.S. hard cider companies. IRI data also reveals BHC is up 94 percent with national and regional chains and 59 percent with independent retailers. Despite the COVID-19 crisis closing all retail establishments in Blake’s footprint, BHC’s market sales growth is up more than 30 percent since shelter-in-place orders were issued in mid-March.

“The times we are currently experiencing have a way of focusing everyone on what truly matters in life and in business,” said Andrew Blake, President of Blake’s Family of Companies which is comprised of BHC and Blake’s Orchard & Cider Mill. “I am proud of the way the team has adjusted. Thanks to online shipping and our distributor and retail partners our fans are still able to enjoy their favorite ciders. At the orchard, the team has worked tirelessly to support our local community by producing hand sanitizer, providing free meals to school children in need, offering drive-thru pickup and supplying unique offerings like cider mill baked goods and our popular farm share program.”

To support the rapid growth, Robert Sharpe has joined the Blake Family of Companies as its chief operating officer and steps into his new role effective immediately. His day-to-day responsibilities will include but not limited to, designing and implementing business operations, establishing policies that promote company culture and vision and overseeing operations of the company and the work of executives.

Sharpe brings extensive consulting and executive leadership experience in the global food and beverage industry. With an expertise in operations, growth strategy and supply chain optimization, Sharpe recently served on the Blake’s Board of Directors. He also founded TriPower Capital and SharpeView Ventures, companies in which its principals invested time and capital in companies requiring additional strategic growth or turnaround consulting.

Prior to his most recent work, Sharpe was chief operating officer of Kabbage, Inc., an automated business funding platform. He has also held several c-suite positions within global consumer goods and marketing companies including president, COO, CEO and board member. Sharpe also brings more than 10 years of experience in the corporate finance and commercial banking industry. He has been actively engaged in philanthropic causes throughout his career and currently serves on the board of Isdell Center for Global Leadership.

“Together with my brother Pete, we believe that Bob’s experience and guidance will be one of the final pieces to help us maximize and support the amazing talent of all of our truly valued employees,” said Paul Blake, co-founder of Blake’s Family of Companies. “From the family’s perspective, we know our company has grown to a point that our team needs and deserves the structured leadership and guidance Bob will provide in order to achieve our vision for the Blake Family of Companies. We are truly blessed to have him join us.”

“I am grateful for the opportunity to join the Blake’s team in this leadership role. The company is experiencing dynamic growth in all aspects and I look forward to using my skill set to make an impact on the continued success of the company,” said Sharpe. “The Blake’s team has created a performance culture with tremendous respect for each other. Blake’s has a unique authenticity, connection to the community, approach to being good stewards of the land, and I look forward to helping accelerate the momentum they already have going.”

At one time in his career, Sharpe notes he spent time as a hog farmer and looks forward to working at the orchard in Armada. He considers himself a food and drink purist and as such, his favorite Blake’s Hard Cider is Lite Apple Classic.

A graduate of the University of Michigan with a degree in finance, Sharpe also holds a Master’s of Business Administration from George Washington University.

About Blake’s Family of Companies

Armada-based Blake’s Family of Companies is comprised of Blake’s Orchard & Cider Mill, serving generations since 1946 on an 800-acre orchard and Blake’s Hard Cider, the largest craft cidery in the Midwest which was established in 2013. For more information, please visit, http://www.blakefarms.com and http://www.blakeshardcider.com.

About Blake’s Hard Cider

Established in 2013, Blake’s Hard Cider is an independent, family-owned and operated craft cidery and the largest in the Midwest. Grown, brewed and packaged entirely on an 800-acre orchard in Armada, MI, Blake’s Hard Cider was founded on the value of its almost 75-year farming history. For more information on Blake’s Hard Cider, how to find Blake’s Hard Ciders, or to order online visit http://www.blakeshardcider.com.

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PACENation Expands Board Leadership Amid Record Growth for Commercial PACE Programs Nationwide


It’s an honor to welcome these leaders to PACENation’s board of directors, especially at a time when we need all hands on deck to help revitalize local economies.

PACENation, the nonprofit organization that advocates for expanded access to PACE financing, announced today the election of 22 new leaders to its board of directors, including many industry pioneers with backgrounds in public policy, program administration, community resilience, and clean energy finance.

“It’s an honor to welcome these leaders to PACENation’s board of directors,” said PACENation’s Executive Director Colin Bishopp, “especially at a time when we need all hands on deck to help revitalize local economies. In every community where PACE is available, PACE financing has proved to be an extraordinary policy tool for driving economic growth. PACE creates local jobs and makes our homes and businesses safer, healthier, and more energy-efficient.”

PACENation also released today a two page factsheet that details some of the major milestones PACE achieved over the past year. Commercial PACE (C-PACE) surpassed $1.5 billion in cumulative investment and reached $670 million in annual investment. This marks a 150% increase for C-PACE over the previous year. Residential PACE, meanwhile, surpassed $6 billion in cumulative investment and surpassed $650 million in cumulative investment for hurricane resiliency and seismic strengthening.

“One of the core benefits of PACE financing is the economic value it creates for both property owners and communities,” said Dee Martir, Sr. Director of OHIO PACE. “PACE can play a central role in our nation’s economic recovery from COVID-19 as property owners and developers look for creative strategies to guard the financial health of their projects. PACE spurs private investment, helps property owners to expand cash reserves, and creates local jobs. The C-PACE market is just getting started. We look forward to continued growth in the months and years to come.”

PACENation is pleased to welcome these distinguished leaders to its board: Eric Alini, Managing Partner of Counterpointe Energy Partners; Carolyn Berndt, Legislative Director for Sustainability at the National League of Cities; Laura L. Bilas, Partner at Foley and Lardner LLP; Roger L. Davis, Partner at Orrick, Herrington & Sutcliffe LLP; Rocco Fabiano; Peter Grabell, Senior Vice President of Commercial PACE at Dividend Finance; Lain Gutierrez, CEO of CleanFund Commercial PACE Capital, Inc.; James Hamill, Managing Director for CSCDA; Abby Johnson, Executive Director of the Virginia PACE Authority; Mike Lemyre, Senior Vice President at Ygrene Energy Fund; Stephanie Mah, Vice President of Asset Backed Securities at DBRS Morningstar; Peter S. Morgan, Partner at Winston & Strawn LLP. Chris Nard, CEO of Fortifi Financial Services; Dilip Petigara, CEO of Access Point Financial, Jim Reinhart, CEO of Ygrene Energy Fund; Andrea Roess, Managing Director at DTA; Noah Shaw, Co-Chair of the Renewable Energy Practice at Hodgson Russ LLP; Sandeep Srinath, a Director in ING Capital LLC’s Structured Solutions Group; Shawn Stone, CEO at Renovate America; David Sykes, Partner at Chapman and Cutler LLP; Dub Taylor, COO of the Texas PACE Authority; and Olivia White, Vice President at Renew Financial.

About PACENation

PACENation is the nonprofit membership organization that advocates for expanded access to PACE financing. PACENation provides resources and support to local governments, businesses, and nonprofit organizations that are committed to allowing American property owners to improve the efficiency and resiliency of their homes and businesses with PACE.

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Element AI Announces New Chief Financial Officer and Chief Revenue Officer


Element AI appoints Roger Blanchette as CFO and Stephan Rioux as CRO

“Element AI is in business for the long run. Roger Blanchette and Stephan Rioux will help us continue developing and delivering impactful AI solutions and services that bridge human and machine collaboration.” Jean-François (JF) Gagné, CEO and Co-founder of Element AI

Element AI, a global developer of artificial intelligence-powered (AI) solutions and services, today announced that it has appointed a Chief Financial Officer (CFO), Roger Blanchette, and a Chief Revenue Officer (CRO), Stephan Rioux. These new members will work with the executive team and across all lines of business as Element AI continues to focus on delivering solutions and services to its global customers.

As CFO, Blanchette will oversee all of Element AI’s financial activities including financial planning, forecasting, and reporting. Prior to joining Element AI, Blanchette was the CFO of Skyword, a private equity backed software company that provides a marketing content management solution. He has a proven track record of providing strong financial leadership while significantly contributing to the definition and execution of corporate strategy.

Stephan Rioux, in his role as CRO, will establish strategic alignment for all revenue-related functions, including marketing, sales, customer support, and revenue management. Prior to joining Element AI, Rioux was the Global CRO for JW Player and spent 13 years at Adobe as Vice President of North America Strategic Verticals, M&E, FSI and Retail. He is a global sales leader and has deep expertise with enterprise software, SaaS, security, data and AI.

“Element AI is in business for the long run. Roger Blanchette and Stephan Rioux are an essential part of our long-term strategy to continue developing and delivering impactful AI solutions and services that bridge human and machine collaboration,” said Jean-François (JF) Gagné, CEO and Co-founder of Element AI. “We are organizing our company to innovate and deliver AI solutions and services primed for rapid adoption.”

As artificial intelligence and machine learning integrations continue to rapidly evolve, Element AI acts as a bridge between fundamental AI research with advisory and enablement services that lead to full-stack AI solutions. The addition of both Blanchette and Rioux to the executive team will help the company assert financial synergies between these separate yet equally important arms of the business.

For more information about Element AI solutions and services, contact: elementai.com/contact.

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About Element AI

Element AI develops AI-powered solutions and services that help people and machines work smarter, together. Founded in 2016 by serial entrepreneurs including JF Gagné and A.M.Turing Award recipient, Yoshua Bengio, PhD, Element AI turns cutting-edge fundamental research into software solutions that exponentially learn and improve. Its end-to-end offering includes advisory services, AI enablement tools and products, aimed at helping large organizations operationalize AI for real business impact. Element AI maintains a strong connection to academia through research collaborations and takes a leadership position in policymaking around the impact of AI technology on society. https://www.elementai.com.

© Element AI Inc., 2020, all rights reserved. Element AI™ and the Element AI logo are protected by trademarks of Element AI Inc. All other trademarks of Element AI may be registered or pending registration in several jurisdictions.

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IntelliSite Charts Bold Course to Create a Safer and Smarter World with Advanced IoT Safety and Security Solutions


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IntelliSite’s open, scalable and remote device managed IoT platform combined with its established relationships with key carriers and system integrators has allowed it to demonstrate measurable outcomes and value across a myriad of market segments.

IntelliSite Corporation, a provider of advanced surveillance and monitoring solutions that delivers measurable outcomes for its customers’ Internet of Things (IoT), Safety & Security and Computer Vision needs, today shared the vision of its new CEO Ken Mills. With a proven track record of building organizations, Mills is rallying IntelliSite around its unique foothold on the marketplace, new brand, and proven IoT cloud platform to build a customer-centric organization whose actionable solutions combine video monitoring, IoT sensor data and artificial intelligence. Mills’ vision for IntelliSite is built around three core pillars:


  • Grow IntelliSite through organic growth and acquisitions
  • Align with today’s technology leaders to develop and deliver targeted IoT solutions
  • Create scalable turnkey solutions that create a safer and smarter world

Mills joins IntelliSite from Dell, where he served as General Manager Safety & Security, Computer Vision and IoT, and was responsible for the development and growth of that business unit from less than $100 million to over $1 billion of global revenues in less than seven years. Mill’s appointment as CEO has Mario Campos taking over as President of Business Development and Strategy and Jorge Campos assuming the role of Chief Innovation Officer.

“I am excited to partner with both founding Campos brothers and DFW Capital to continue to build IntelliSite into a world-class organization,” said Mills. “IntelliSite’s open, scalable and remote device managed IoT platform combined with its established relationships with key carriers and system integrators has allowed it to demonstrate measurable outcomes and value across a myriad of market segments. Understanding the needs of the evolving market, we are actively delivering solutions that provide an immediate impact.”

Today’s announcement coincides with a majority stake of IntelliSite’s business being acquired by funds managed by DFW Capital, a private equity group. Investment from DFW bolsters IntelliSite’s position within the IoT sector and allows it to build out its management team, as well as its product development, sales, and marketing organizations. DFW’s investment is a critical element to accelerating the growth of IntelliSite both organically and through acquisition of complementary technology and service-oriented companies.

IntelliSite’s best-in-class technology has allowed it to deliver a value-added platform that can operate independently or in conjunction with an organization’s existing infrastructure. IntelliSite’s Cloud Engine is an IoT platform that enables rapid development, management and scaling of IoT cloud or on-premise solutions. For example, the University of South Florida at St. Petersburg recently turned to IntelliSite to deliver an intelligent crosswalk solution that creates a safer environment for visitors and students. IntelliSite delivered a turnkey, cloud-based solution that combines video monitoring, sensors and analytics, all in accordance with the local laws and the University’s needs. The versatility of IntelliSite’s cloud engine platform has allowed IntelliSite to establish a foothold within the healthcare, utility, municipalities, education and water management industries.

IntelliSite’s third emphasis is building out its ecosystem of partners. With open and scalable solutions, IntelliSite’s products have the capacity to engage with a wide arrange of partners, including global service providers, system integrators, distributors and complimentary technology providers.

The pervasiveness of IoT continues to drive businesses and their use of collected data to transform and address business critical challenges across every industry. Research by Statista Research Department states that IoT growth will continue to be rapid – with the global market for IoT end-user solutions expected to grow to around $1.6 trillion by 2025.

IntelliSite’s Unique Value

IntelliSite’s customers include PG&E, The City of Riverbank, City of Vallejo, University of South Florida, CalTrans, and Friant Water Authority among many others. The company’s LTE-equipped IoT platform offers utilities, telecommunications, healthcare and other businesses and public organizations a comprehensive, plug and play cloud-based data-management solution featuring:

  • The IntelliSite Cloud Engine, which offers dashboards, analytics and remote device management for increasing bandwidth and control in a secure environment
  • The Universal IoT Gateway, which empowers enterprises with the ability to manage data collection from remote sensors
  • The IntelliSite Edge Controller, which provides remote management of device connectivity

About IntelliSite Corporation

IntelliSite Corporation, a portfolio company of DFW Capital Partners, is an industry leader of advanced surveillance and monitoring systems that delivers outcomes for its customers’ Internet of Things (IoT), Safety & Security and Computer Vision needs. Tapping into the connectivity afforded by the Internet of Things, IntelliSite’s platform delivers a wide range of managed applications that creates connected businesses and actionable outcomes. Founded in 2001, IntelliSite Corporation provides enterprise-scale solutions spanning across public works, financial, energy, agriculture, retail, and education. IntelliSite can be found at http://www.intellisite.io or via Twitter, LinkedIn, or Facebook.

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