BigMachines Expands Leadership Team
Leading configure, price and quote (CPQ) solution provider rounds out management team with seasoned industry veterans
Chicago IL -- July 11, 2011 -- BigMachines, Inc., the leader in product configuration, pricing and quoting, proposal generator and B2B ecommerce, today announced a significant expansion of its corporate leadership to further support the company's continued rapid growth. Godard Abel, the company's co-founder and CEO, is moving to the role of senior advisor to the company's Board of Directors, and in conjunction with this move will transition his day-to-day responsibilities to David Bonnette in his capacity as President. The company is also appointing Sean Fallon in the dual role of Chief Operating Officer and Chief Financial Officer. Fallon most recently served as CEO of Accero, a leading on-demand human capital management software and solutions provider. With BigMachine's bookings growing at over 100 percent year over year, this expansion rounds out the company's leadership to form a seasoned team with deep experience in managing rapidly growing, global software businesses.
David Bonnette, President of BigMachines, spent 15 years at Oracle Corporation prior to assuming all customer-facing functions at BigMachines. Bonnette will now assume day-to-day leadership of the entire business. "My time with BigMachines has further expanded my view of the incredible opportunity that we have to continue to accelerate our growth trajectory," said Bonnette. "I look forward to working with our deep and experienced team to extend our leading position within the market."
Sean Fallon represents the most recent addition to the BigMachines leadership team. Fallon is a seasoned software executive who has spent the last 12 years of his career in senior leadership positions with enterprise software providers that serve Global 2000 customers. He has held executive positions with Trilogy Software, Brazos Software and Accero. Prior to his role as CEO at Accero, Fallon spent 10 years at Trilogy, a leading provider of enterprise software and technology-based business services, the last six of which were in the role of CFO. Sean oversaw rapid profitable growth of Trilogy's Versata software business while managing Trilogy's global financial operations, making numerous international acquisitions and investments, raising a significant amount of debt capital and completing a tender offer for a publicly-held subsidiary. Fallon started his career in Corporate Finance at PricewaterhouseCoopers LLP. As COO and CFO, Fallon will lead the Company's finance group and oversee its economic strategy and forecasting and work closely with Bonnette to manage the company's operations.
Godard Abel, having grown the company from a Silicon Valley start-up in 2000 to its current market leadership position, will move to the role of a senior advisor to the Board of Directors. "I am very proud of the company that BigMachines has become and am grateful to have had the privilege of working side by side with many extremely bright and talented people along the way," said Abel. "David Bonnette has already proven a strong addition to our world-class team, and together we have delivered a record first half performance for the company. Sean Fallon represents another high-caliber executive who we are excited to add, and who will help ensure that we continue to provide the best experience to our current and future customers. The company has an amazing opportunity ahead of it, as demonstrated by its continuing rapid growth, and I look forward to staying involved in the business as an investor and Board advisor."
"We are very excited about the growth and evolution of BigMachines over the past decade. Godard's contribution has been outstanding and his continued involvement as an advisor to the Board will be valued by all," said Alan Cline, a Principal with Vista Equity Partners and a member of the Board of Directors for BigMachines. "The company is having another fantastic year, with record growth and continued success on all fronts. David Bonnette and Sean Fallon represent tremendous additions to the senior leadership team and our ability to attract this caliber of talent is a real testament to the opportunity ahead of BigMachines for years to come."
About BigMachines
BigMachines is the global leader in enabling B2B sales, helping companies sell more and sell faster. BigMachines' award-winning on-demand configurator, pricing and quoting, proposal generator, and B2B eCommerce software solutions empower sales across customers' channels by streamlining their sales processes from opportunity to order. Using BigMachines software, sales teams and channels can quickly configure products, generate quotes and proposals, manage complex pricing, generate legal contracts, and manage orders. BigMachines offers extensive reporting capabilities and easily integrates to leading CRM and ERP systems, including those from salesforce.com, Oracle, Microsoft and SAP. BigMachines' rapidly growing customer base includes global leaders such as Kodak's GCG, Siemens, Ingersoll Rand, and NTT Communications, as well as innovative growth companies such as Acme Packet. For more information, visit www.bigmachines.com.
