MicroPact Selects John D. Young As New Chief Financial Officer Newest Addition Brings Extensive Financial Management Experience To Growing Company
HERNDON, Va., Feb. 27, 2013 /PRNewswire/ -- MicroPact, a leader in the development of Case Management and Business Process Management (BPM) software, today announced the appointment of Chief Financial Officer (CFO), John D. Young.
With more than 25 years of finance, accounting and operations experience, John will be responsible for managing and developing financial strategies for an expanding MicroPact. Previously, Young was the Senior Vice President (SVP) and CFO for Metron Aviation, a provider of air traffic flow management software and research services to the aviation industry, where he developed financing strategies to support the company's rapid growth. Young helped structure a management buyout and the creation of a new commercial products business unit, growing revenues from $17 to $43 Million in two years. In October 2011, he helped lead the successful acquisition of Metron Aviation by Airbus.
Prior to Metron Aviation, Young held a position at Era Systems Corporation, where he served as SVP, CFO, Corporate Secretary and Treasurer. While at Era Systems, he successfully managed the company's financial strategy, fundraising and acquisitions. He has also held leadership positions at the Baan Company, Blackbaud, Incorporated and Legent Corporation.
"The addition of John as our Chief Financial Officer is a direct reflection of the immense growth MicroPact has experienced over the past several years and the expansion we are forecasting for the future," said Kris Collo, President, CEO and Founder of MicroPact. "His strong track record of facilitating major growth for technology companies will be a great asset for us as he leads us in this new role."
Young is a Certified Public Account and received a Bachelor of Science degree in Accounting from Ohio State University.
MicroPact's Unified BPM platform for Case Management and Business Process Management, entellitrak, is used by more federal agencies than any other BPM product. MicroPact's open architecture, on-premises or cloud based products can be implemented immediately and configured continuously, enabling customers to get to work quickly while keeping costs low. For more information, visit www.micropact.com.