-- With backgrounds in enterprise infrastructure software and related
technologies, both executives exemplify leadership and diversity with
strong track records of success --
BEDFORD, Mass.--(BUSINESS WIRE)--
Progress
(NASDAQ: PRGS), the leading provider of application development and
deployment technologies, today announced the appointments of Sam King,
Senior Vice President, General Manager and Chief Strategy Officer of
Veracode, and Angela Tucci, Chief Executive Officer of Apto, to its
Board of Directors, effective immediately. The two accomplished
technology leaders are important additions to the Board, bringing
valuable software industry experience, entrepreneurship and diversity.
The Board, through its Nominating and Corporate Governance Committee,
and with the assistance of an independent executive search firm,
selected Ms. King and Ms. Tucci from a large pool of highly qualified
individuals, including candidates suggested by our shareholders. The
search process, which was initiated and publicly announced in October,
emphasized diverse individuals with experience as senior executives in
the enterprise infrastructure software industry. These appointments
expand the size of the Board from seven to nine directors.
Sam King is Senior Vice President, General Manager and Chief
Strategy Officer of Veracode, the application security business of CA
Technologies (NASDAQ:CA). In her role as leader of Veracode, which CA
Technologies acquired nearly a year ago, Ms. King is responsible for all
functions of the Veracode business unit. Over the past decade, Ms. King
has held roles of increasing seniority at Veracode including Executive
Vice President, Corporate Strategy, Product Management and Marketing, GM
of their Mobile business from 2012 to 2015, and Senior Vice President of
Product Marketing from 2009 to 2012. Prior to Veracode, she led the
development of security-as-a-service offerings at VeriSign, and held
leadership roles in product management, product marketing, professional
services and customer relationship management at the company. Ms. King
received her Masters of Science and Engineering in Computer and
Information Science from the University of Pennsylvania. She received
her BS in Computer Science from the University of Strathclyde in
Glasgow, Scotland.
Angela Tucci, a highly experienced enterprise SaaS executive, is
Chief Executive Officer of Apto, the leading web-based software for
managing customer relationships, properties, listings, deals and
commissions for commercial real estate brokers. Prior to Apto, which she
joined in 2017, Ms. Tucci was the General Manager of the Agile
Management Unit of CA Technologies from 2015 to 2017. From 2014 to 2015,
she led a 300-person global sales, consulting services, and marketing
team as the Chief Revenue Officer of publicly-traded Rally Software,
which CA Technologies acquired in 2015. Ms. Tucci originally joined
Rally Software as Chief Marketing Officer in 2013 and was promoted to
Chief Revenue Officer in 2014. Ms. Tucci previously held positions as
Chief Strategy Officer at Symantec and NEON Enterprise Software. She
received an M.B.A. from the Stanford Graduate School of Business and an
A.B. in Physics from Princeton University.
Progress Chairman John R. Egan stated: "Sam and Angela are both highly
accomplished business leaders with extraordinary track records and they
bring a wealth of expertise and diversity to our Board of Directors. We
are pleased to welcome them to the Board. The success of this search is
in keeping with the Board's longstanding and continuous focus on
ensuring it has the right skills and perspectives to enable the company
to execute on its business strategy, strengthen its competitive position
and deliver value to all its shareholders. We are confident that Sam and
Angela will help ensure that our Board continues to provide strong,
independent oversight of the Company."
Ms. King commented: "I am excited to join the Progress Board of
Directors at a pivotal time for the Company as it executes on its
strategy to deliver strong, sustainable performance in the enterprise
infrastructure software industry. I look forward to applying my industry
experience to help guide Progress' continued success."
Ms. Tucci added: "I am honored to be joining the Progress board. The
Company is well-known and highly regarded for delivering the best
platform and tools that organizations need to develop and deploy
mission-critical business applications. I look forward to working with
the board and the management team as we build for the future."
With these appointments, Progress has added five new directors,
including four independent directors, in the past 18 months. The current
Board is now nine directors, comprised of eight independent directors
and the chief executive officer.
About Progress
Progress (NASDAQ:PRGS) offers the leading
platform for developing and deploying mission-critical business
applications. Progress empowers enterprises and ISVs to build and
deliver cognitive-first applications that harness big data to derive
business insights and competitive advantage. Progress offers leading
technologies for easily building powerful user interfaces across any
type of device, a reliable, scalable and secure backend platform to
deploy modern applications, leading data connectivity to all sources,
and award-winning predictive analytics that brings the power of machine
learning to any organization. Over 1,700 independent software vendors,
100,000 enterprise customers, and two million developers rely on
Progress to power their applications. Learn about Progress at www.progress.com
or +1-800-477-6473.
Progress and Progress Software are trademarks or registered trademarks
of Progress Software Corporation and/or its subsidiaries or affiliates
in the U.S. and other countries. Any other names contained herein may be
trademarks of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180220005347/en/
Progress
Investor Contact:
Brian Flanagan, +1 781-280-4817
flanagan@progress.com
or
Press
Contact:
Erica Burns, +1 888-365-2779 (x3135)
pr@progress.com
Source: Progress
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