Tag Archives: PER

Sushant Rai Joins TVU Networks as New Vice President of Sales for South Asia, Middle East and Africa

MOUNTAIN VIEW, CALIFORNIA, May 11, 2020 /PRNewswire/ — Sushant Rai is the new Vice President, Sales – South Asia, Middle East and Africa for TVU Networks, a technology and market leader in cloud and IP-based live video solutions. Sushant will lead strategic sales efforts across all three major regions with sales and solutions teams consolidating under his leadership.

Mr.Sushant - TVU Vice President of Sales
Mr.Sushant – TVU Vice President of Sales

Prior to joining TVU, Sushant held multiple senior executive roles in well-respected technology and solutions providers in the broadcast industry. Most recently at Harmonic, he was Managing Director, Sales for South Asia for three years. Prior to that, Sushant was Head, Broadcast and Operator Sales for Dolby Labs in India. Before joining Dolby, he was Director, Media Asset Management, South Asia for Vizrt.

“Sushant brings proven sales leadership success and technology acumen to strategically critical regions of the world for us, and we are delighted to welcome him to the TVU family,” said Paul Shen, CEO, TVU Networks. “During a time of transition globally in the broadcast industry, his deep knowledge of broadcast systems and accomplishments in delivering workflow design and implementation will serve our current and future customers well. As a passionate evangelist for media technology, we are looking forward to having his insights help guide growth across Asia, Middle East and Africa and on global initiatives as a part of the executive team.”

“During this unprecedented time, our customers are faced with business continuity challenges that require them to rethink the way broadcast workflows can be operated and managed. In order to deliver the same media content their viewers have come to expect, broadcasters must look to more cloud and IP based technologies and solutions to overcome the current restrictions which have impacted traditional in-studio workflows,” says Sushant. “TVU is well positioned to help all broadcasters to transition to cloud and IP solutions that will help minimize disruption and to take advantage of efficiency in workflows. I am excited to be able to lead our teams and demonstrate our capabilities to our customers.”

About TVU Networks

Technology and Engineering Emmy® Award winning TVU Networks has over 3,000 customers globally. The TVU Networks family of IP and cloud-based transmission and live production solutions gives broadcasters and organizations a powerful and reliable workflow to distribute live video content to broadcast, online and mobile platforms. TVU has become a critical part of the operations of many major media companies. The TVU Networks suite of solutions has been used to acquire, transmit, produce, manage and distribute professional-quality live IP and cloud HD footage as an integral part of news, sports and major global events. For more information about TVU Networks solutions, please visit www.tvunetworks.com.

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Ribbon Announces Management Change

WESTFORD, Mass., May 8, 2020 /PRNewswire/ — Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced that the President and CEO of ECI Telecom Ltd. (“ECI”), Darryl Edwards, has departed Ribbon at the end of April as planned. Since the completion of the combination of Ribbon and ECI on March 3, 2020, Mr. Edwards has been an advisor to Bruce McClelland, CEO and President of Ribbon.

Mr. Edwards joined ECI in June 2012, with the goal of re-establishing ECI’s reputation for innovation and breaking boundaries in the telecommunications industry. Under his leadership, ECI has made significant investments in research and development and refreshed its product portfolio with new packet and optical product lines, making the transition to software defined networking (SDN) and network functions virtualization (NFV).

“We’re immensely grateful for the great work that Darryl has done in cementing ECI’s place as an innovation leader in the packet and optical networking space,” said Mr. McClelland.  “We are now very focused on executing on our strategy to significantly scale the ECI business by leveraging the strong foundation that Ribbon has with major Service Providers and Enterprise customers around the world, particularly as we enter the 5G networking era.”

“It has been a great pleasure to lead ECI for the past eight years. During this time, the industry has changed dramatically, and so did ECI,” added Mr. Edwards. “When I became CEO of ECI, we had to re-assert ECI’s innovation and put it back at the heart of the company. We’ve since become a pioneer in the industry, supporting a large number of customers, helping them realize their ambitions with our unique elastic network philosophy and approach. The merger with Ribbon is a natural and positive next step for ECI as it looks to continue to expand its global presence.” 

About Ribbon
Ribbon Communications (Nasdaq: RBBN), which recently merged with ECI Telecom Group, delivers global communications software and network solutions to service providers, enterprises and critical infrastructure sectors. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today’s smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge IP solutions, UCaaS/ CPaaS cloud offers, leading-edge software security and analytics tools, as well as packet and optical networking leveraging ECI’s Elastic Network technology.  To learn more about Ribbon, visit rbbn.com and for more information about our packet and optical networking portfolio, visit ecitele.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications’ business, please refer to the “Risk Factors” section of Ribbon Communications’ most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications’ views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications’ views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Relations
Monica Gould
+1 (212) 871-3927
IR@rbbn.com      

North American Press
Dennis Watson
+1 (214) 695-2224
dwatson@rbbn.com 

APAC, CALA & EMEA Press
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com 

Analyst Relations
Michael Cooper
+1 (708) 383-3387
mcooper@rbbn.com

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Source: Ribbon Communications Inc.

TBM Council Adds Prominent Technology Leaders to its Board of Directors

BELLEVUE, Washington, May 7, 2020 /PRNewswire/ — The Technology Business Management (TBM) Council, a non-profit organization that promotes technology business management standards and practices to empower collaboration between IT leaders and business partners, introduced 10 leaders to its board of directors.

The TBM Council is a thriving community with more than 11,000 members, including CIOs and other executives united in the mission of creating standards for the new IT hybrid cost model in order to help businesses achieve their transformation goals – whether it’s undergoing a cloud migration or implementing new and innovative technologies. The new board members bring with them a wealth of experience in driving digital and business strategies within their organizations by leveraging the TBM discipline to achieve success.

Alongside the leaders already on the board, they will be instrumental in helping the wider TBM Council members continue to identify and execute impactful ways to leverage the practice of TBM in order to achieve business objectives.

The new TBM Council Board of Directors include:

In cooperation with the TBM Council leadership team, led by Jarod Greene, general manager of the TBM Council, the board of directors will help direct the organization’s efforts and continue its focus on collaboration, standardization and education of TBM. Their expertise will be valuable in helping to direct the TBM Council’s goals and vision for the future.

“Shifts in technology mean that the IT operating model is changing for every business no matter what sector they’re in,” said Jarod Greene, general manager of the TBM Council. “As such, I’m thrilled to welcome our new board members, who bring with them experience from a wide range of industries. It’s our most diverse board ever, both in terms of the people and the types of companies they represent, and their knowledge and expertise will be key in ensuring we continue to deliver on our commitments to our members.”

The TBM Council was originally founded in 2012 as an extension of Apptio’s CIO Advisory Board, which brought together like-minded CIOs with the goal of standardizing a new IT operating model. Apptio continues to serve as its technical advisor to help automate best practices with robust TBM solutions. The TBM Council is an independent body governed by executives from across some of the world’s leading businesses.

“I have been actively involved with the TBM Council since the beginning when it was just a few CIOs,” said Larry Godec, chairman of the TBM Council Board of Directors. “TBM is an essential framework for allowing CIOs to run their IT organization like a business with complete financial transparency and strategic business alignment. I am very pleased to see it grow to include more than 11,000 CIOs and IT leaders across the globe.”

In addition to undertaking their governance responsibilities in board meetings, the board of directors will help to foster awareness and understanding of the discipline by taking part in events to share their own experiences in applying TBM to their operations and sharing key insights.

“Understanding the cost of technology has always been a challenge in the healthcare industry, and TBM has been pivotal in helping to bring critical transparency to this business driver,” said Jeri Koester, CIO of Marshfield Clinic Health System. “Being part of the TBM Council and collaborating with other members helped us take visibility of our costs and talk about it in a way that the business understands, which means that we can be the strategic partner in transformation at our health system. I’m looking forward to engaging with the TBM community and helping others to do the same in my new role as a board member.”

The TBM Council Board of Directors will take part in a virtual board retreat in May to help set the direction for the organization in 2020 and beyond. During this virtual retreat, the board will convene to discuss the current state of TBM and the wider technology industry, as well as how CIOs and CFOs can work together as part of a TBM framework. Members of the TBM Council will have an opportunity to listen in on key discussions on topics including re-planning and optimizing spending in times of disruption.

The full list of TBM Council Board of Directors includes:

The TBM Council provides a forum for its members to exchange knowledge and learnings with peers to help manage and achieve success with the TBM framework. Membership is open to qualified IT, finance or business leaders and practitioners who meet applicable membership standards. For more information or to join, please visit www.TBMCouncil.org

About Technology Business Management (TBM) Council

Founded from members of Apptio’s CIO advisory board in 2012, the Technology Business Management (TBM) Council is a non-profit organization governed by a board of business and technology leaders from some of the world’s most innovative companies like Aflac, State Farm, Tyson, Intuit, First American and more. The Council is dedicated to advancing the discipline of TBM and driving standards for analyzing, planning, optimizing, controlling, and collaborating about the investments that will transform the IT operating model. Apptio, the industry’s leading provider of TBM software solutions, serves as the TBM Council’s technical advisor. Membership is open to qualified IT, finance or business leaders and practitioners who meet applicable membership standards. For more information or to join, please visit www.TBMCouncil.org

MEDIA CONTACT
pr@tbmcouncil.org

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Cyient Appoints Felice Gray-Kemp as Global General Counsel

Felice comes with more than two decades of rich experience in global commercial law and will manage all aspects of corporate governance for the company

HYDERABAD, India, May 5, 2020 /PRNewswire/ — Cyient, a leading provider of technology services and solutions, today announced the appointment of Felice Gray-Kemp to the newly created role of Senior Vice President and Global General Counsel. She will play an instrumental role in providing legal and strategic guidance on significant corporate transactions and oversee corporate governance, compliance, and employee matters. 

Cyient_Felice_Gray_Kemp
Cyient_Felice_Gray_Kemp

Felice comes with more than twenty years of rich and diverse experience in global commercial law. She is an expert in customer contracts, including intellectual property, employer agreements, compliance, and regulatory issues.

Before joining Cyient, Felice was Chief Legal Officer and Chief Administrative Officer at Unicorns LLC, a firm she founded to support start-ups and private equity-owned businesses. She has also held global leadership positions at multinational companies such as United Technologies Corporation (now Raytheon Technologies), Honeywell International, and LEGO. 

Felice holds a Juris Doctor degree from the University of Connecticut School of Law and a graduate degree in taxation from Boston University School of Law. She completed her bachelor’s degree in English at Yale University. Throughout her career, she has received recognition as a legal and Diversity, Equity, and Inclusion (DE&I) thought leader as well as for service to the state of Connecticut. In 2017, she was honored by the Urban League of Southern Connecticut with the Woman of Power Award.  The Connecticut Governor appointed Felice to the Board of Regents for Higher Education.

Speaking on the appointment, Krishna Bodanapu, Managing Director and CEO, Cyient said, “I am very excited to welcome Felice to Cyient. Her legal expertise, strategic acumen, and international business experience will play an essential role in helping us continue to manage our operations at the highest functional and ethical standards.”

About Cyient:

Cyient (Estd: 1991, NSE: CYIENT) is a global engineering and technology solutions company.  As a Design, Build, and Maintain partner for leading organizations worldwide, Cyient takes solution ownership across the value chain to help customers focus on their core, innovate, and stay ahead of the curve. The company leverages digital technologies, advanced analytics capabilities, and its domain knowledge and technical expertise, to solve complex business problems.

With over 15,000 employees globally, Cyient partners with customers to operate as part of their extended team in ways that best suit their organization’s culture and requirements. Cyient’s industry focus includes aerospace and defense, healthcare, telecommunications, rail transportation, semiconductor, geospatial, industrial, and energy.

For more information, please visit www.cyient.com.

Follow news about the company at @Cyient.

Media Relations

Perfect Relations 
Vishal Thapa
Mobile: +91 9701834446
Email: vthapa@perfectrelations.com 

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Ex-Blue Yonder Veteran Amit Bagga, Appointed Chief Revenue Officer at FarEye

Amit Bagga’s appointment comes as FarEye undertakes aggressive plans for global expansion

Bagga has helmed significant Executive positions at Blue Yonder (JDA) and Oracle to drive profitable growth across the Asia Pacific region

NEW DELHI, May 4, 2020 /PRNewswire/ —  FarEye, a leading SaaS platform for predictive visibility and last mile optimization today announced the appointment of Amit Bagga, a seasoned leader with a track record of driving transformative growth across geographies, as its Chief Revenue Officer (CRO). The announcement comes as the company gears up for the next level of growth and plans to expand aggressively in the Americas, Europe and Asia Pacific after its recent announcement of a successful funding round.

Amit Bagga, CRO, FarEye
Amit Bagga, CRO, FarEye

Bagga joins FarEye’s leadership team and will drive one of the most critical functions in a tech-first company like FarEye. In his role, Bagga will focus on leveraging key revenue opportunities across sales and operations, enhanced customer experience, marketing, and partner strategy, all of which will help pivot towards a customer-first focus for the company.

Prior to joining FarEye, Bagga has successfully led the growth for Blue Yonder (previously JDA Software) Asia Pacific, Oracle’s On Demand solutions, and held various roles at HP. Under Bagga’s leadership, Blue Yonder captured the key challenges that the supply chain industry faced in APAC and delivered tangible value with the help of artificial intelligence and machine learning solutions. Bagga set a path for profitable growth, helping enable Blue Yonder customers to take the digital transformation journey leveraging modern technologies. He built and led high performance teams and a network of partners in the region to deliver next generation Supply Chain solutions with high focus on the adoption of new technologies to leap-frog the market.

“I am excited to join a company with such a great culture that embraces the diversity of its customers and employees, and is an extremely fast-growing logistics SaaS organization that has redefined predictive visibility for enterprises globally. I look forward to working with the FarEye team, building a sustainable strategy that enables us to leverage the huge opportunity that lies ahead of us, and deliver profitable growth,” says Amit Bagga.

Welcoming him to FarEye, Kushal Nahata, CEO & Co-founder, FarEye, comments, “Amit has a unique understanding of the intersection of technology and business, coupled with immense passion for customer success. He has a proven record of building successful businesses with a deep passion to strategize and define opportunities to maximize revenue. In the midst of an exciting journey, I am confident that Amit will bring in the same vision and expertise at FarEye.”

With this move, FarEye has announced its intention of building upon the explosive growth experienced over the last 3 years, and expanding its field teams to provide customer-centric engagement across key geographies that will deliver scalable growth for the company.

About FarEye:

FarEye is a leading SaaS platform for predictive visibility. It enables brands to orchestrate, track, and optimize their logistics processes. The leading machine-learning based platform is empowering global enterprises to shrink delivery time by up to 27%, increase courier productivity by up to 15%, eliminate risks by up to 57%, and achieve operational excellence.

It is increasing efficiency in movement of goods for both B2B and B2C segments – and helping businesses achieve growth and exceptional customer experience at a reduced cost. FarEye has a strong traction with more than 150 global Retailers, CPG companies and Logistics & Transportation providers including DHL, Amway, Hilti, Walmart and Dominos.

Media Contact for SEA, the US, and Europe:
Komal Puri
Marketing Director, FarEye
+91-9718049526

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Planful Welcomes Shane Hansen as Chief Financial Officer

Hansen Brings Significant Go-to-Market, Analytics, and Business Performance Expertise to New Role

REDWOOD CITY, California, April 30, 2020 /PRNewswire/ — Planful, Inc. (formerly Host Analytics), a leading financial planning and analysis (FP&A) cloud platform provider, today announced that Shane Hansen has joined the company as Chief Financial Officer (CFO). 

With 15+ years of finance and technology experience, Hansen has seen firsthand why legacy approaches to planning, forecasting, reporting, and analytics are difficult to optimize and scale in a world rapidly moving to cloud technologies. Hansen will focus on long-term growth for the company to meet the needs of the underserved mid-to-enterprise-sized companies looking to modernize their back-office technologies.

“We’re excited to welcome a brilliant, experienced executive like Shane to the Planful team,” said Grant Halloran, Chief Executive Officer, Planful. “Shane is an excellent fit from a team culture perspective. His approach embodies the savvy financial planning professionals we serve, and he thoroughly understands the software market’s growth levers and how companies can capitalize on opportunities and achieve success.”

Prior to joining Planful, Hansen served as Divisional CFO for Vivint Smart Home, where he had previously served as Vice President (VP) of Finance, Strategy, Innovation & Business Development. Before that role, Hansen held several key financial analytics, go-to-market, and value creation leadership positions with security software leader Symantec, steadily rising through the ranks to become the VP of Finance, Enterprise Security.

Earlier in his career, Hansen served as a financial analyst, law clerk, and consultant/developer for various organizations after completing a Fulbright fellowship. Hansen’s impressive academic credentials include an MBA from the Wharton School, a JD from the University of Pennsylvania, and a BA in Russian and international development from Brigham Young University. 

“I’m thrilled to be joining the team at Planful because of the strong growth trajectory of the FP&A cloud software market, the power of Planful’s world-class product offering, and experienced industry leadership,” Hansen said. “As we help customers weather uncertain business conditions with a Continuous Planning approach, we’re also positioning Planful for phenomenal success within the cloud FP&A solutions market with our unique platform.”

About Planful
Planful is a leading financial planning and analysis (FP&A) cloud platform. Planful delivers a vision of Continuous Planning by accelerating the end-to-end FP&A process and fostering business-wide participation in agile planning and decision-making. More than 800 customers including Bose, Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe rely on Planful for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics. Planful is a private company backed by Vector Capital, a leading global private equity firm specializing in transformational investments in established technology businesses. Learn more at www.planful.com.

Additional Resources
Join the FP&A Community on Slack
Join the FP&A Live Roundtable on Zoom
View FP&A Resources to Navigate an Uncertain World
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

Contact
press@planful.com

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Origin Agritech Further Strengthens its Board of Directors

BEIJING, April 30, 2020 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), an agriculture technology and rural e-commerce company, today announced that Dr, Min Lin will join the Company’s Board of Directors as independent board members.

Dr. Min Lin is currently a professor at the Biotechnology Research Institute of Chinese Academy of Agricultural Sciences (CAAS) located in Beijing, China. From 2005 to 2019, Dr. Lin served as the director of the Biotechnology Research Institute of CAAS. Dr. Lin also served as Executive Vice President for the Chinese Society of Agri-Biotechnology and Vice President for Chinese Society of Biotechnology. Dr. Lin has been a visiting scientist at the Institut Pasteur in France and at the Research Institute for Plant Protection (IPO-DLO) in the Netherlands. Dr. Lin received his Ph.D. and Master’s Degree from CAAS and his Bachelor’s degree in Biology from University of Sichuan.

“I’m very excited that Dr. Lin is joining our board, Dr. Lin is the leading agri-biotechnology scientist in China and has been in collaboration with Origin for many years,” said Dr. Gengchen Han, Origin’s Chairman and CEO. “I’m sure his addition to our board will help Origin to continue its leadership in the corn seed biotechnology development in China.”

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is China’s leading agricultural technology and a rural social e-commerce company, expanding in mid-2018 from crop seed breeding and genetic improvement business to be a leading technology developer in new rural e-commerce platform and Blockchain technologies. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at: http://www.originseed.com.cn or http://www.originseed.com.cn/en/.

Forward-Looking Statements

This communication contains “forward-looking statements” as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements address expected future business and financial performance and financial condition, and contain words like “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “would,” “target,” and similar expressions and variations. Forward-looking statements address matters that are uncertain. Forward-looking statements are not guarantees of future performance and are based on assumptions and expectations which may not be realized. They are based on management’s current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates but involve a number of risks and uncertainties, many of which are beyond the company’s control. Some of the important factors that could cause the company’s actual results to differ materially from those discussed in forward-looking statements are: failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting our products; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; natural disasters and weather events and patterns; ability to protect and enforce the company’s intellectual property rights; and separation of underperforming or non-strategic assets or businesses. The company undertakes no duty or obligation to publicly revise or update any forward-looking statements as a result of future developments, or new information or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

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Beezy further strengthens its presence in France

SAN FRANCISCO, April 30, 2020 /PRNewswire/ — Beezy Inc., the all-in-one intelligent workplace solution for Office 365, is pleased to announce that Simon Berna has joined the company’s sales team as Sales Executive for France. 

Simon Berna, Sales Executive France, Beezy Inc.
Simon Berna, Sales Executive France, Beezy Inc.

Based in Lyon, he will cover France and the French-speaking regions of Switzerland and Belgium.

With extensive experience in the digital workplace market, Simon will help Beezy clients with digital transformation projects, focused on digital workplace solutions for Office 365 and Microsoft SharePoint. 

Simon will be responsible for making sure existing customers’ needs are met while developing new partners in his sales region. His appointment supports the company’s strategic direction of strengthening customer relationships, as well as expanding global sales support.

“With multiple new initiatives and a clear product roadmap in place that aligns with the fast-growing French market,” said Simon, “this is a great time to join Beezy. I’m excited to be part of the team and honored to work for such a well-respected company in the digital workplace industry.”

“I look forward to working with my customers and helping them find the best solutions that will help them accelerate their workforce productivity and collaboration.”

Prior to joining Beezy, Simon worked in multiple sales roles for a specialist Microsoft services company. His background includes over 10 years of experience in the digital workplace and Microsoft environment, expanding his skill set and expertise within enterprise software, intranet systems, and change management.

Ritse Klink, Beezy COO, commented, “Simon is a great fit for this position. I’m confident that his experience and knowledge will help cultivate our customer-centric sales model and drive our company goals. We’re delighted to have him on board as a key contributor.”

Simon attended the Business Technology Engineering program at Euridis Business School. And is passionate about new technologies, the world of gaming/streaming, and an active member of the Microsoft communities. 

About Beezy
Beezy is the all-in-one Intelligent Workplace for Microsoft Office 365 and Teams. By extending the Microsoft productivity stack, we empower users to communicate, share, and collaborate better, whether on-premises, in the cloud, or in hybrid environments.

Large customers such as MBDA, Amundi, Banco Santander, IHS Markit, and many more now benefit from the full functionality of an intelligent, modern digital workplace that brings together collaboration, communication, knowledge, and processes.

Contact information
You can reach Simon Berna directly at +33 749205012 or at simon.berna@beezy.net.
For media or press inquiries about Beezy, please contact info@beezy.net.  

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Source: Beezy Inc.

Airwallex Bolsters Leadership Team with Global Brand Veteran

HONG KONG, April 29, 2020 /PRNewswire/ — Global fintech leader Airwallex today announced that Susan Ho has joined its team as SVP Brand, Communications and Partnerships to drive the group’s efforts to build a world-class brand and reputation, strengthen strategic partnerships and expand its global business.

Ho’s appointment follows Airwallex’s recent announcement about its record US$160million Series D fundraising to accelerate worldwide growth plans through customer acquisition and licensing, further product development and acquisitions to fast-track offerings.

Jack Zhang, CEO and Co-founder of Airwallex, reiterated, “The world is becoming increasingly digital and current conditions demand that global businesses reassess how they operate, particularly with regards to the kinds of financial services solutions they use.”

“Susan’s appointment signals our ambition to strengthen the Airwallex brand and position ourselves to be the preferred financial services platform for clients today and businesses of the future.” Zhang said.

Ho added, “Anyone interested in operating their business better and more efficiently should consider Airwallex. What attracted me to Airwallex was the strength of its products and technology infrastructure, and calibre of the people. I am excited to be part of a team who continues to revolutionise how businesses will use financial services.”

Ho was formerly Head of Brunswick’s Hong Kong office where she was instrumental in building a premium reputation for the corporate advisory firm amongst its clients and staff. Prior to that, Ho came from a long career in Standard Chartered Bank, working in its corporate and retail banking business and leaving a legacy of the bank’s brand promise “Here for good” and its Liverpool FC sponsorship. Ho is Malaysian-Chinese and currently serves as Governor at Maggie’s Cancer Centre and Board Director of AFS Hong Kong Cultural Exchange.

Airwallex also recently expanded Kai Wu’s role to Greater China CEO on top of his CFO responsibilities, in a progression of steps to strengthen its management bench. This follows another recent high-profile appointment, Jeanette Chan, one of Asia Pacific’s most reputed legal advisors, as Chief Compliance Officer and General Counsel. 

NOTES TO MEDIA

For further information
You can access images of Susan Ho, Kai Wu and Jeanette Chan here. If you have any questions or would like to request further information, please contact Kristen Wang, Airwallex at kristen.wang@airwallex.com

About Airwallex

Airwallex was founded in Melbourne, Australia in 2015 with a simple goal – to push the boundaries of global financial services capabilities in an increasingly borderless world. Airwallex has since secured over $360 million USD in external funding, supported by top-tier investors including Tencent, Sequoia Capital China, DST Global, Hillhouse Capital, Horizons Ventures, ANZi Ventures, Square Peg Capital, Gobi Partners and Salesforce Ventures. The company’s core strength lies in its proprietary tech-driven infrastructure to enable low-cost, high-speed and transparent international collections and payments (accessible via API), its business account and borderless card which helps businesses grow both domestically and internationally. Airwallex has grown to over 420 employees across 10 international offices (Melbourne, Hong Kong, Shanghai, Shenzhen, Beijing, Singapore, London, San Francisco, Tokyo and Bangalore). www.airwallex.com 

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China Literature Limited Announces the Change of the Management Team

HONG KONG, April 27, 2020 /PRNewswire/ — China Literature Limited (“China Literature” or the “Company”, together with its subsidiaries, the “Group”, stock code: 0772.HK), a leading online literature platform in China, announced changes to its management team. Certain members of the senior management team including Mr. Wu Wenhui and Mr. Liang Xiaodong, currently the Co-Chief Executive Officers, Mr. Shang Xuesong, the President, and Mr. Lin Tingfeng, the Senior Vice President, have resigned. Mr. Wu Wenhui will be re-designated as a non-executive Director and Vice Chairman of the Board, and Mr. Liang Xiaodong and other senior management will serve as consultants to the Group, to facilitate the smooth transition and development of the management team. Meanwhile, Mr. Cheng Wu, currently a Vice President of Tencent Holdings Limited (“Tencent“) and the Chief Executive Officer of Tencent Pictures, has been appointed by the board as the Chief Executive Officer and an executive Director of China Literature; and Mr. Hou Xiaonan, the Vice President of Tencent’s Platform and Content Group, has been appointed by the board as the President and an executive Director of China Literature, so as to lead China Literature towards a new stage of development through deepening the cooperation with Tencent and other industry partners.

After five years’ development, China Literature has become the leading digital reading platform and literature intellectual property (“IP”) incubator, with 8.1 million writers, 12.2 million literary works and hundreds of millions of readers. It is pioneering development of the industry, in particular the trends toward high-quality IP and a content ecosystem through the integration of online literature and digital content formats such as TV series, movies, anime, and games. Mr. Wu Wenhui and other members of the senior management team decided to retire given the Group has reached these new milestones.

Mr. James Mitchell, the Chairman of China Literature, commented, “China Literature has become a vital source of original IPs for creative industries in China. We express our sincere gratitude to Mr. Wu, Mr. Liang, and the other core management team members for their significant contribution in leading China Literature to become the leading online literature platform in China. We look forward to the new management team further energizing China Literature’s platform, and deepening cooperation between China Literature and key partners such as Tencent in activities including TV series, movies, and games.”

In recent years, China Literature has been promoting technological innovation and exploring business models which exhibit higher value for its users, further leading the industry into a new development phase. Mr. Wu Wenhui said, “This year marks the fifth anniversary of the establishment of China Literature as well as the eighteenth anniversary of Qidian.com. As one of the founders, I witness that the Group has indeed entered a new stage of growth. Together with several other management, I decided to retire with honour upon completion of our mission in bringing the Group to the new stage. In the future, it is essential for China Literature to build on our IP portfolio in establishing a more open ecosystem and new commercial rules to embrace future trends. This requires a thorough change in management to propel China Literature forwards in areas such as business innovation, technological breakthrough, IP creation and establishment of ecosystem.”

Mr. Cheng Wu, the newly appointed Chief Executive Officer of China Literature, said, “I would like to express my thanks to Mr. Wu Wenhui and the founding team for their trust to delegate authority to the new management team and continue to support the development of China Literature. We are confident in pushing forward the upgrade of China Literature from the largest copyrighted digital reading platform and literature IP incubator in the industry to an even stronger literature content ecosystem. We expect the upgrade in three aspects. Firstly, we will strengthen the core business through enhancing IP incubation capability, solidifying fundamentals, and speeding up the development across sectors to accelerate our IP development. Secondly, we will strengthen the connection capability of our platform through establishing stronger connection between the products of China Literature and Tencent’s properties. Finally, building on our proven paid reading model, we will expand our business through upgrading our business models in areas such as new technology and industrial internet.”

Mr. Cheng Wu, who joined Tencent in 2009, currently serves as the Vice President of Tencent and the Chief Executive Officer of Tencent Pictures, and is responsible for Tencent’s Marketing and Public Relations Department, and has been leading the marketing departments of Tencent Interactive Entertainment Group. In 2013, he and Mr. Wu Wenhui jointly played a critical role in founding Tencent Literature and served as the President of Tencent Literature and the Chief Executive Officer of Tencent Literature, respectively. In March 2015, upon the establishment of China Literature, he served as a director for a certain period to provide continuous supports to Mr. Wu Wenhui and the management team. He proactively promoted the collaboration of China Literature and New Classics Media with Tencent in areas including  films, animes, comics and online games businesses, co-developing cross-industry representative works such as Joy of Life and There Was a Lingjian Mountain a Long Time Ago.

Hou Xiaonan currently serves as the Vice President of the Platform and Content Group of Tencent and holds various management positions for Tencent businesses including Tencent Open Platform, YingYongBao, Tencent WeStart, Qingteng University and Penguin Media Content Platform. He has extensive and in-depth management experience in product planning and operation, business model innovation, resource integration and ecosystem cooperation.

About China Literature Limited

China Literature Limited is a pioneer in the online literature market and operates China’s leading online literature platform. The Company owns nine major branded products. Among these, QQ Reading, a unified mobile content aggregation and distribution platform, is the flagship product. Other branded products focus on individual genres and their respective fan bases. China Literature’s shareholder and strategic partner, Tencent, provides the Company with exclusive content distribution access via its suite of leading mobile and Internet products, including Mobile QQ, QQ Browser, Tencent News, Weixin Reading and Tencent Video. The Company also has distribution beyond the Tencent platforms by pre-installing Apps on handsets partners such as OPPO, Huawei and VIVO, as well as licensing content to third-party partners such as Baidu, Sogou, JD.com and Xiaomi Duokan. China Literature monetizes its vast and proprietary content library mainly through online paid reading and content adaptations for a variety of entertainment formats. China Literature’s diverse and high-quality content library is a significant competitive advantage that lies at the core of its business model. In 2018, China Literature further expanded its content capabilities downstream by acquiring New Classics Media, a renowned TV series, web series and film production company in China. For more information, please visit http://ir.yuewen.com/.  

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Forward-Looking Statements

This press release contains forward-looking statements relating to the industry and business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in our other public disclosure documents on our corporate website.

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