Business Services Industry

Former PeopleSoft and Oracle Executive, Bruce Johnson, Named President and CEO of Certus Software; Johnson to Leverage Company Growth Momentum to Scale Global Sales, Customer Service and Operations

Business Wire, August 1, 2005

CUPERTINO, Calif. -- Certus Software, Inc., a proven leader in financial compliance and governance software for the enterprise, today announced that Mr. Bruce E. Johnson succeeds Vani Kola as company President and CEO. Johnson's many years of experience successfully managing high-growth software companies complements Certus' customer and revenue growth momentum. Most recently, Johnson was Group Vice President of Western Commercial Operations for PeopleSoft and Oracle. Prior to that, Johnson was President and CEO of ClearCross, Inc., an intelligent content and applications provider for cross-border trade compliance and security. Before joining ClearCross, Johnson was General Manager and President of the Americas for Baan where he successfully managed the rapid growth of the company from $1 million to $129 million in four years, resulting in a successful IPO.

"In just 12 months, Certus has tripled its revenues and established leadership among Fortune 500 companies as a choice solution for Financial Compliance Management. Bruce brings to Certus proven experience and leadership to build high-growth software companies successfully," said Doug Leone, partner at Sequoia Capital and chairman of the Board for Certus. "Bruce will work with the management team to scale Certus to the next level of success and market leadership. His focus will be to build upon Certus' leadership position to accelerate global growth, expand market share and accelerate new products to market."

"Vani Kola, the founder of Certus, established the company as a dominant leader in the financial compliance market in record time. She has done a phenomenal job creating momentum for he company, defining the market beyond Sarbanes-Oxley and shaping thought leadership around the value of good governance for the enterprise. I'm thrilled to be part of an organization with such extraordinary customers, market leadership and vision," said Johnson on the company's success to date.

Company Momentum

Certus' dominance in the marketplace continues to grow with a ten-fold increase in its customer base over the last 12 months. The average revenue for Certus customer is $6.3 billion with over 22,000 employees. The company's list of customers include Alcon, Dell, DIRECTV, E-TRADE, Grant Prideco, Finning International, HNI Corporation, Jones Apparel Group, Nextel Partners, PepsiCo, Ross Stores, Seagate Technology, SPX Corporation and T-Mobile. Certus has also recently added three of the top five insurance companies, three of the top five U.S. retail brands, and one of the top three aerospace/defense manufacturers to its expanding customer list.

About Certus

Certus Software, Inc., the proven leader of corporate governance and compliance software for the enterprise, helps organizations build a consistent and sustainable compliance practice that extends beyond compliance requirements to generate lasting business value. Its powerful Certus software suite ensures the transparency and accuracy of internal controls, while leveraging Sarbanes-Oxley conformance as a change agent for immediate accountability and even greater business benefits in the future. Certus' customers include Alcon, Countrywide Financial, Dell, DIRECTV, E-TRADE, Great-West Life & Annuity Insurance Company, Jones Apparel Group, The Mills Corporation, Nextel Partners, PepsiCo, Polaroid, Seagate Technology, Ross Stores, Suntron and T-Mobile USA. To learn more about Certus, visit www.certus.com.

Certus is a trademark, and Frontlines is a service mark of Certus Software, Inc. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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