Aptean has appointed Kevin McAdams as its new Chief Financial Officer with immediate effect. He joins the firm having spent the last ten years as CFO of Premiere Global Services Inc (PGi), authors of conferencing and collaboration software. PGI has appointed Mike Havener to the role of CFO, a promotion from SVP Finance, Asia Pacific. Jack Walsh the previous CFO at Aptean seems to have left the firm, although his LinkedIn profile has not been updated. The inference is that this has been a planned transition with the roles filled quickly.
Aptean CEO TVN Reddy commented: “With Aptean’s goal of accelerating growth and our continued focus on enhancing the customer experience for all customers, we are investing heavily in our leadership, especially in areas like finance. As a seasoned financial leader, Kevin brings a tremendous amount of expertise to our organization. I am extremely confident in Kevin’s ability to build a highly effective finance organization that will support our next phase of growth.”
McAdams has worked in several high growth technology companies including twelve years at PGI. He was VP Finance and Chief Accounting Officer at MedQuest and CFO at ProfitServe LLC. The role at Aptean comes as the company refocuses on its core markets. It is also poised for growth following funding by TA Associates and Vista Equity earlier this year.
McAdams commented: “Aptean has a thoughtful strategy and vision and is well-positioned to maintain its leadership in providing manufacturing ERP, supply chain and vertically-focused compliance solutions. I’m excited to join this already high-performing leadership team, and I look forward to building on Aptean’s strong momentum to accelerate the company’s growth.”
Enterprise Times: What does this mean
TVN Reddy is reshaping his leadership team with new blood. The appointment of McAdams brings someone with the experience of growing a technology company. Reddy may still make further appointments. While David Pilz is SVP, Marketing and NA Sales there is a split role. It may make sense for the company to appoint a Chief Revenue Officer and/or a Chief Marketing Officer as it looks to grow.