Nextance Creates New COO Position and Recruits VP Professional Services. Check it out:
REDWOOD CITY, Calif. --(Business Wire)-- Nextance Inc., the top choice for enterprise-wide contract management (CM), today announced appointing Bill Wagstaff as its new chief operating officer, a newly-created position, and Sig Lackner as vice president of professional services. Both are among Silicon Valley's most accomplished executives and most recently had similar responsibilities at IBM.
Ranked higher on the latest Inc 500 list than any other CM solutions provider or Silicon Valley software company, Nextance's 800% growth over the last three years has enabled the company to recruit some of the best talent in technology. And while the competition remains entangled with mergers, Wagstaff and Lackner will help Nextance drive greater marketshare by delivering a focused, powerful combination of best-in-class technology with an exceptional customer experience.
"As part of our aggressive plans to continue Nextance's momentum, we are proactively adding more depth to our executive team," explained Kyle Bowker, president and chief executive officer of Nextance. "Bill will help ensure that our expanding operations and product introductions will be flawlessly executed, while Sig will help drive even faster time-to-value for our customers, which is especially important as we continue to close the market-defining deals and grow our presence in existing customers."
Wagstaff carries over 25 years of experience in enterprise software, with a focus on managing high-growth businesses. Most recently, he led worldwide strategy and market management for IBM's Business Intelligence and Analytics business line. Wagstaff also was senior vice president and chief technology officer for Alphablox, a leading analytics company acquired by IBM in 2004, as well as vice president of product development for Red Brick Systems, a database technology company that successfully went public in 1996. He earned a BS in computer science from UC Irvine and an MBA from the Anderson Graduate School of Management at UCLA.
Lackner brings to Nextance more than 16 years of experience in professional services, having supported customers in a range of industries. Most recently, he led the professional services organization within the Information Management division of IBM's Software Group. Prior to IBM, he was the vice president of professional services at Alphablox, where he built a services team and partner network from the ground up. Lackner has also worked in professional services organizations at Oracle and KPMG Consulting. He earned a BS in business from the University of Southern California.
About Nextance Inc.
Nextance is setting the standard for enterprise contract management (CM) solutions with innovative software and best-practices professional services. Global 2000 companies are improving financial and business performance by using Nextance CM to improve the standardization, visibility and control of their contractual relationships. Countrywide, Covenant Health, Eastman Chemical Company, Fireman's Fund, Genzyme Corporation, Google, Juniper Networks, Peabody Energy, Sasol, Sun Microsystems, and others are using Nextance software every day to tap into the value that is written into each of their thousands of revenue, procurement, intellectual property licensing, and partner agreements. Nextance is based in Redwood City, CA, and is privately held. For additional information, visit: www.nextance.com.
(C) 2006 Nextance Inc. All rights reserved. Nextance and the Nextance logo are registered trademarks of Nextance Inc. All other trademarks are the property of their respective owners.
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