Vertica Appoints Christopher Lynch New President and CEO 25+ year technology industry veteran to lead analytic database company through rapid market expansion

BILLERICA, Mass., April 29 /PRNewswire/ -- Christopher Lynch has joined Vertica as its new president and CEO, bringing more than 25 years of senior executive experience to the pioneering analytic database company.

With Vertica achieving yet another year of record revenue and customer growth, the company's board of directors tapped Lynch, a veteran of both emerging and established technology leaders, to take Vertica to the next level, extending its market leadership, channel partnerships and international expansion.

"It's clear the data warehousing and BI markets are undergoing revolutionary change and customers are desperate to find solutions that allow them to quickly and easily store, access, and analyze their data faster and in ways never before possible. As the only native MPP-columnar database, Vertica's solution is highly differentiated and delivers price and performance orders of magnitude better than the competition. My expertise lies in driving hard-charging companies and technically disruptive technologies like Vertica to the next phase of accelerated business development and beyond," said Lynch.

Prior to joining Vertica, Lynch was senior vice president of data solutions at F5 Networks, the global leader in application delivery networking, with whom Lynch helped orchestrate the successful acquisition of Acopia Networks, where he was previously CEO. Before Acopia, Lynch was vice president of worldwide content delivery networking sales at Cisco Systems, where he helped the networking giant become the leader in the content delivery market.

"This market was established around the concept of expensive specialized hardware. Vertica's next generation database software has proven that you can deliver high performance data warehouse solutions on commodity hardware," said Paul Maeder, managing general partner, Highland Capital Partners and a member of the Vertica Board of Directors. "Given Chris's track record, the Board is confident he can drive Vertica's growth and dominance in this market."

Previously, Lynch was vice president of worldwide sales, marketing and support at ArrowPoint Communications. He was instrumental in ArrowPoint's IPO and its subsequent $5.7 billion acquisition by Cisco. At ArrowPoint, Lynch's team grew revenues from zero to a $250 million annualized run-rate over 18 months and established 60 sales and support offices worldwide.

Prior to ArrowPoint, Lynch was vice president of North and South American sales for Lucent Technologies' Gigabit Ethernet Products Unit, where he built a sales and channel organization that generated revenue at an annualized run-rate of $40 million. He joined Lucent from Prominet Corporation after Prominet was acquired by Lucent for $200 million in January 1998. Lynch has also held sales leadership positions at Lucent Technologies, Prominet Corporation, Bay Networks, Wellfleet Communications, and Digital Equipment Corporation.

He earned an MBA from Bentley University and a bachelor's degree in business management from Suffolk University.

About Vertica

Vertica Systems is a true native MPP-columnar analytic database management system that delivers the fastest, most scalable and easiest way to gain business intelligence from huge volumes of data in near-real-time. Vertica has developed a modern SQL-based analytic database with an MPP architecture that runs on low-cost standard hardware. The technology enables companies to gain a competitive edge by querying enormous databases 50x-1000x faster on average and for a lower Total Cost of Ownership than other solutions. The Vertica Analytic Database is available as software only, as an appliance, and as a virtual appliance. The technology's unmatched speed, simplicity and scalability is used by more than 130 customers including JP Morgan Chase, Verizon, Guess Inc., Zynga, CapitalIQ, Mozilla and Comcast. Vertica is headquartered in Billerica, Mass. For more information, visit the company's website at http://www.vertica.com.

SOURCE Vertica



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