|[February 07, 2013]
Apprenda Hires Wayne Boomer as Vice President of Finance and Operations
NEW YORK --(Business Wire)--
the leader in enterprise private platform-as-a-service, has added Wayne
Boomer as Vice President of Finance and Operations to its executive team
reporting to CEO Sinclair Schuller. Boomer will work out of the Clifton
Park, N.Y. office.
Recently, Wayne was the CFO and Senior Vice President of Finance for On2
Technologies, a publicly traded software company that designed video
codec technology, acquired by Google (News - Alert) in 2010. On2 was the first publicly
traded company Google had acquired. Boomer held an integral team role
through the acquisition where On2 obtained a 6.5x multiple of revenue
increase for the purchase of IP.
"Wayne will be instrumental in Apprenda's strategic operations,
increased funding and maaging the company's profit stream for our
enterprise customers," said Sinclair Schuller, CEO of Apprenda. "His
background with companies like Google, On2, Inmedius and MapInfo (News - Alert) provide
a wide range of experience perfect for Apprenda's accelerated growth."
During a five year tenure as CFO and VP of Finance at Inmedius, an
international software and services company in Pittsburgh, Boomer was a
central part of the executive team responsible for tripling revenue,
obtaining yearly growth, and achieving a +20 percent five-year compound
annual growth rate. Boeing (News - Alert) acquired Inmedius in 2012.
As Finance and Operations Director of MapInfo in the UK, Boomer led EMEA
G&A operations for the company. Boomer was a part of MapInfo's
accelerated growth team in which the EMEA operations went from $13
million to $37 million, and simultaneously grew a headcount of 40 people
in two countries to over 160 people in six countries. Pitney Bowes
acquired MapInfo in 2007. In addition to his activities abroad, Wayne is
also a registered CPA, and was a senior associate for a big four firm.
Apprenda is a platform-as-a-service (PaaS) that transforms how
enterprises can develop, deliver and manage next generation applications
in a public, private or hybrid cloud environment. Apprenda's platform
makes writing and managing enterprise cloud applications easy and
efficient, without compromise. The Apprenda PaaS equips enterprises with
the runtime, APIs and tools that allow them to easily build, deploy and
manage cloud applications using today's skillsets and investments. By
decoupling applications from infrastructure and developers from IT,
Apprenda empowers organizations to achieve significant cost savings and
massive productivity improvements that result in better business.
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