PLEASANTON, Calif., Jan. 8, 2013 /PRNewswire/ -- Equity Administration Solutions, Inc. (EASi), the largest independent stock plan software company in the world, today announced that Michael Boese has joined EASi as chief executive officer.
"I am honored to have the opportunity to lead EASi," Boese said. "EASi is well positioned in the marketplace and has tremendous potential for continued growth. I see a company that is singularly focused on delivering best-in-class SaaS solutions for equity compensation management and compliance across both public and private companies. I look forward to working with EASi's clients, partners, and employees to address the industries' most pressing equity challenges."
Boese brings to EASi over 15 years of software and Software-as-a-Service (SaaS) experience and a track record of growth and business building at his previous companies. Boese most recently served as Senior Vice President at Taleo, where he led key functions including corporate business development, SMB field operations, and alliances and channels, over a five and a half year period in which Taleo grew from $97 million to $324 million. Prior to Taleo, Boese worked for SAP, PeopleSoft and Oracle in numerous sales, strategy and business development senior leadership roles.
"Michael's insights and fresh perspective along with deep knowledge of the SaaS business model will enable us to take EASi to the next level in its evolution. Over EASi's ten year existence we have had two extraordinary CEOs, the most recent of which, Carine Schneider, has departed to pursue other opportunities while the first is still actively involved as a member of EASi's board of directors," said Gordon Rausser, EASi's chairman of the board. "At this juncture, Michael's intellectual leadership and focus on client success will offer both tangible and intangible benefits to our customers, partners and employees."
"EASi continues to push the limits on innovative ways to serve the industry, I am confident Michael will continue this trend," said Vito Palmieri, EASi co-founder and board member. "2013 is positioned to be EASi's strongest year to date."
Boese holds an MBA from Duke University and a bachelor's degree in Mechanical Engineering from the University of Washington. Currently he is a member of NASPP, GEO, and ACSPA.
Equity Administration Solutions, Inc. www.easiadmin.com is the largest independent stock plan software company in the world. EASi enables clients to work with the broker of their choice so they can benefit from the best trading execution and wealth management solutions. EASi's technology provides connectivity to the largest broker-dealers in the world. A SaaS company, EASi set the standard in stock plan solutions with its comprehensive industrial strength platform that handles all the accounting, tax, administration, participant services and compliance needs of companies that grant equity awards. Headquartered in Pleasanton, CA, EASi serves more than 750 companies on five continents in over 20 countries and continues to lead the industry with second-to-none solutions in areas including ASC718 (FAS123R), IFRS2, Performance Awards, material modifications and WorkStream process automation. In 2011 and 2012, EASi was ranked in Deloitte's Technology Fast 500™, the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Contact: Jennifer Lopez
SOURCE Equity Administration Solutions, Inc.