August 2, 2016 – Executive search firm Bespoke Partners has recruited Bob Bies as chief financial officer of Syncsort. Mr. Bies has multi-faceted financial experience, including 20-plus years in CFO roles, driving successes with venture capital and private equity-backed, technology-based, B2B growth businesses. As CFO, he will lead Syncsort’s finance, legal and corporate development teams to help build on Syncsort’s aggressive growth strategy.
Previously, Mr. Bies was CFO at private equity-backed Cannondale Investments, where he was part of the leadership team that acquired OneSource from InfoGroup and formed Avention. Before that, he served as EVP, CFO and treasurer at Greenfield Online, an Insight Venture Partners portfolio company, which went public and was acquired by Microsoft.
“With the tremendous success of new big iron to big data products, driven by new organic product innovations in solutions like DMX-h and Ironstream, and successful acquisitions of Circle Computer Group and William Data Systems, Syncsort has enjoyed continued growth,” said Josh Rogers, chief executive officer of Syncsort. “Bob’s strong leadership qualities, experience with data-enabled businesses and successful track record of supporting growing companies will help propel the business to even greater heights.”
“I am thrilled to join Syncsort at such an exciting time in its history. Syncsort’s innovative big iron to big data software is leading the industry in addressing increasingly complex requirements for delivering critical mainframe data to next-generation big data environments,” said Mr. Bies.
According to recent research, about one fifth of companies now change their CFOs annually, thereby creating a constricting market for financial officers talent. In this case, Mr. Bies is expected to leverage his financial and M&A experience to support Syncsort’s efforts to accelerate its burgeoning business.
Syncsort is a provider of enterprise software and global leader in big iron to big data solutions. As organizations worldwide invest in analytical platforms to power new insights, Syncsort’s high-performance software harnesses valuable data assets while dramatically reducing the cost of mainframe and legacy systems.
San Diego-headquartered Bespoke Partners assists private equity firms deliver executives to their portfolio companies. The firm has served clients including Rubicon, Insight Venture Partners, TravelClick, Personify, Cherwell Software, Abila and TA Associates.
The firm recently expanded its staff with the addition of Adam Szepkouski as a principal. He is responsible for executing C-level searches for the firm’s new and existing clients as well as internal lifecycle process enhancement and whitepaper development. Prior to joining Bespoke, Mr. Szepkouski was a member of Deloitte Consulting LLP, where he developed business strategies focused on emerging technologies.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media