Welcome!

News Feed Item

Acquia Bolsters Executive Team, Names Bill Sorenson Chief Financial Officer

Key Executive Appointments Help Acquia Capitalize on Growing Market Opportunity of Digital Business Optimization

BURLINGTON, MA -- (Marketwired) -- 05/22/14 -- Acquia, the digital business company, announces the appointment of software industry veteran Bill Sorenson as chief financial officer. He will oversee all finance functions for Acquia, including reporting, planning, treasury and investor relations, and will report to CEO Tom Erickson. In addition to Sorenson, Michael Cayer has also been appointed to the executive team as general counsel.

Acquia continues its rapid growth as organizations look for solutions to help drive their digital transformation. The company was recently named the fastest growing private company in North America on Deloitte's 2013 Technology Fast 500, and listed among Inc. magazine's Build 100 for achieving significant, sustained growth during the past five years. Acquia's solutions build digital-first businesses by increasing margins, delivering services more efficiently, improving citizen engagement and more.

"Acquia is at the forefront of the digital revolution. Enterprises increasingly rely on Acquia to drive business impact and escape obsolescence," Erickson said. "As Acquia accelerates its momentum, we've brought in Bill and Michael, both of whom have a proven track record of taking fast-growth companies public, and with these new hires, we're well positioned for continued growth."

Sorenson was previously the CFO of Qlik Technologies, a leader in business intelligence, where he drove the company through its IPO and helped grow it from $118 million to almost $400 million in revenue. Sorenson also led finance operations for major mobile and media companies as CFO at EMI Music Publishing and the Bertlesmann eCommerce Group, which funded Napster, as well as at several early stage start ups. Prior to that he served as senior VP of global finance at News Corporation.

"From global enterprises to governments and nonprofits, all realize that investing in digital business is an obligation, not a choice," Sorenson said. "Acquia's track-record of delivering results for Global 2000 organizations have led the company to achieve 20 consecutive quarters of growth. I'm excited to become a part of the executive team that will lead the company to new heights."

Joining the executive team as general counsel, Michael Cayer previously served as general counsel at BladeLogic, where he managed the company's IPO process and eventual sale to BMC Software for more than $870 million. He has held the position of general counsel at several other public and private companies.

About Acquia
Acquia is the digital business company. Join Twitter, Mercedes Benz, Warner Music Group, Stanford University and the more than 4,000 organizations that are changing how business gets done. Global 2000 enterprises, government agencies and NGOs rely on Acquia to create new revenue streams, lower costs, and engage audiences more deeply through content, community and commerce.

Innovate. Transform. Disrupt. Acquia.

For more information visit www.acquia.com or call +1 781 238 8600.

All logos, company and product names are trademarks or registered trademarks of their respective owners.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2599627

Media Contacts:
Erica Orthmann or Anna Farnum
LaunchSquad
acquia (at) launchsquad.com
+1 617 945 1915

Christopher Rogers
Acquia
christopher.rogers (at) acquia.com
+1 781 238 8645

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
24Notion is full-service global creative digital marketing, technology and lifestyle agency that combines strategic ideas with customized tactical execution. With a broad understand of the art of traditional marketing, new media, communications and social influence, 24Notion uniquely understands how to connect your brand strategy with the right consumer. 24Notion ranked #12 on Corporate Social Responsibility - Book of List.
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
SYS-CON Events announced today that Sheng Liang to Keynote at SYS-CON's 19th Cloud Expo, which will take place on November 1-3, 2016 at the Santa Clara Convention Center in Santa Clara, California.
Video experiences should be unique and exciting! But that doesn’t mean you need to patch all the pieces yourself. Users demand rich and engaging experiences and new ways to connect with you. But creating robust video applications at scale can be complicated, time-consuming and expensive. In his session at @ThingsExpo, Zohar Babin, Vice President of Platform, Ecosystem and Community at Kaltura, will discuss how VPaaS enables you to move fast, creating scalable video experiences that reach your ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
One of biggest questions about Big Data is “How do we harness all that information for business use quickly and effectively?” Geographic Information Systems (GIS) or spatial technology is about more than making maps, but adding critical context and meaning to data of all types, coming from all different channels – even sensors. In his session at @ThingsExpo, William (Bill) Meehan, director of utility solutions for Esri, will take a closer look at the current state of spatial technology and ar...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lea...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Just over a week ago I received a long and loud sustained applause for a presentation I delivered at this year’s Cloud Expo in Santa Clara. I was extremely pleased with the turnout and had some very good conversations with many of the attendees. Over the next few days I had many more meaningful conversations and was not only happy with the results but also learned a few new things. Here is everything I learned in those three days distilled into three short points.