Acquia Appoints Dennis Morgan as New Chief Financial Officer [Sept. 3, 2013]
Digital Media and Software Industry Veteran to Head Finance Team for Leading Provider of Technology that Powers Digital Experiences
BURLINGTON, MA – September 3, 2013 – Acquia, where great digital experiences begin, today announced the appointment of digital media and software industry veteran Dennis Morgan as its new chief financial officer.
Morgan joins Acquia as the company continues to exhibit strong growth and an increasing share of the digital experience market. Acquia ranked 8th among software companies and 109th overall in the 2013 Inc. 500 listing of fastest growing private companies, growing its revenue by more than 3,100 percent during the past three years.
“The shift in IT budgets from the CIO to the CMO has created huge demand and a great market opportunity for Acquia,” Morgan said. “The company is experiencing tremendous success helping organizations consistently deliver a great digital experience for their brands. I’m very glad to join the Acquia team and look forward to helping lead the company to new heights.”
A veteran of the digital media and software industries, Morgan was previously CFO of Buddy Media, leading financial operations for the social media SaaS company when it was acquired by Salesforce.com in 2012 for $745 million. As vice president of corporate finance at Yahoo!, Morgan led the finance efforts for more than more than $5 billion in M&A and business development deals. He also held CFO posts at EPAC Technologies, Inc., Panther Express Corp. and Vibrant Media.
“With the growing demand for solutions that help organizations deliver great digital experiences for content, community and commerce, Dennis will be an invaluable asset as we increase revenue and expand our market share,” said Tom Erickson, Acquia CEO. “Dennis brings extensive experience in leading financial operations at software and digital media companies to our team, and we’re thrilled to have him on board.”
Acquia is where great digital experiences begin. Acquia is helping some of the world's leading brands succeed, including Twitter, Mercedes Benz, Warner Music Group, and Stanford University. Join the more than 3,800 organizations that are moving at the speed of the web with Acquia's solutions for content, community and commerce. Acquia offers developer tools, cloud solutions and global expertise to drive success the open source way.
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