LONDON, July 10, 2015 /PRNewswire/ --
Experienced Business Leader Darragh to Spearhead CMO's Next Phase of Growth
CMO Software, the global market leader in enterprise Health, Safety, Environment & Quality (HSE&Q) & Governance, Risk and Compliance (GRC) solutions for corporations and regulators has appointed Jim Darragh as its Chief Executive Officer. Darragh will lead the business in capitalising on high growth and burgeoning international demand for CMO's best-in-class software solutions.
With more than 20 years' experience in building successful international software businesses, Darragh joins CMO from WAN optimisation company Ipanema Technologies, which was acquired recently by InfoVista. He has previously served as CEO of Zeus Technology, and as Senior Vice President at Riverbed Technology following the acquisition of Zeus by Riverbed in 2011. Darragh has also held senior management positions at major corporations including SAP, CA Technologies, and BMC Software.
Backed by UK mid-market private equity investor Inflexion in 2013, CMO now serves more than 130 major customers in a global market growing at over 15% annually. The company has continued to add strength, experience and an international outlook to its leadership, with Darragh appointed as the newest member of a management team and board that includes CMO's founders James Cotton (President) and Stephen Humphris (COO), as well as Chairman Loek van den Boog - a highly experienced software industry expert and former CEO of Oracle EMEA.
"Jim brings unparalleled experience in leading high-growth software businesses and a long track record of success in developing and executing on international expansion strategies," comments CMO Chairman Loek van den Boog. "The HSE sector continues to experience strong growth and with the leadership Jim will deliver, CMO is well placed as a recognised global solution provider to capitalise on this opportunity and move to the next stage of its development."
Jim Darragh, CEO at CMO Software adds: "CMO has built an impressive list of blue-chip customers with over 200,000 users around the globe and a world class team of investors, management and employees - it's an exciting business to be a part of and I look forward to the challenge in pushing new boundaries to achieve greater presence and performance in the HSE sector and GRC markets."
About CMO Software
CMO Software is a recognized market leader in enterprise Health, Safety, Environment & Quality (HSE&Q) & GRC solutions for corporations and regulators. CMO Software solutions are used by leading corporations and regulators such as BHP, Barrick Gold, ISS, Orica, McCormick, Glencore and Shell in a range of industries including Manufacturing, Chemicals, Food, Energy, Mining, and Oil & Gas to manage their HES&Q GRC processes, regulatory and industry-mandated compliance and corporate governance initiatives. Further information is available at http://www.cmo-software.com.
SOURCE CMO Software