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Exadel Announces New CEO During Strong Company Growth in 2021

Chief Executive joins Exadel during its most profitable year

(PRNewsfoto/Exadel Inc.)

News provided by

Exadel

Nov 18, 2021, 09:06 ET

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WALNUT CREEK, Calif., Nov. 18, 2021 /PRNewswire/ -- Exadel (www.exadel.com), a software engineering company that delivers digital platforms and products, today announced that industry leader Darren Oberst has joined Exadel as its new CEO. With more than 20 years in leadership roles with global organizations, including IBM and HCL Technologies, Darren Oberst brings a strong background in technology leadership to the Exadel brand.

Fima Katz, president and CEO since Exadel's founding in 1998, will transition to the position of the Executive Chairman of the Board. Fima Katz built and grew the company from a small start-up to a global brand of software excellence in North America, Europe and Asia. 

"Darren is the right leader for Exadel at this time," said Fima Katz. "Darren's extensive experience with strategic development and plan execution, as well as a long history in enterprise software and services, will help Exadel strengthen our growing brand and expand our global presence."

"I am very excited to be joining the Exadel team," said Darren Oberst. "I believe we have a great business model and talented leadership and engineering teams that uniquely position Exadel for tremendous growth in 2022 and many years to come."

Darren graduated from UC-Berkeley with degrees in Physics and Philosophy. He also received a J.D. from Harvard Law School.

Darren joins the Exadel team during it's highest performing year-to-date, including:

  • Adding 27 new clients in 2021, including one of the largest yoga studio chains in the United States, a leading outdoor product company and a healthtech ad agency
  • New offices in Georgia and Uzbekistan, increasing its presence in the Eastern European region
  • Organic 33% YoY revenue growth in 2021 and 30% increase in employees
  • Recent acquisition of the strategic consulting firm Coppei Partners based in Seattle, WA

About Exadel

Exadel is a software engineering company that delivers the digital platforms, products, and applications our clients need to run and grow their businesses. For more than 20 years we have developed solutions that accelerate the speed, quality, and efficiency of our delivery while adding value to our customers. Since the advent of the cloud, Exadel has helped companies get the most out of their data, reducing expenditure and increasing scalability and access. A Forrester-recognized market leader in distributed Agile, we are proud of our long history of partnering with the largest brands across all industries. For more information on Exadel services and areas of expertise, visit exadel.com and follow us on Linkedin and Twitter @exadel.

Media Contact:
Olivia Heel
Catapult PR-IR
303-581-7760
[email protected] 

SOURCE Exadel

Related Links

http://www.exadel.com

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