Progress Software Names Yogesh Gupta as CEO

BOSTON, October 16, 2016 — In a confidential search conducted over the summer in 75 days, Polachi placed Yogesh Gupta at Progress Software.

We’re incredibly proud to have Yogesh Gupta join the Progress (NASDAQ:PRGS) team. Prior to joining Progress, Gupta was president and chief executive officer of Kaseya, Inc., a leading IT management cloud software company, from 2013 until 2015. As CEO of Kaseya, Gupta defined a new growth strategy and led the company through a complete product and business transformation. Gupta successfully implemented a high-velocity sales process that led to the transition of an $80 million on-premise and perpetual business to a cloud subscription model.

“Yogesh is an incredible software industry veteran who had previously delivered double-digit annual revenue growth for a multi-billion dollar portfolio. We’re confident he’s the perfect fit for Progress,” said Charley Polachi, Polachi Access Executive Search Partner.

About Polachi

Polachi is the leading provider of Access Executive Search services to technology, private equity and venture capital clients. We are a founding member of Access Search Partners, the number one global technology search partnership with offices in the US, Canada, Europe and Asia Pacific.

Susan Mills

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