CHICAGO--(BUSINESS WIRE)--Effective October 31st, 2014, Jim Wetekamp will be appointed chief executive officer of BravoSolution, the supply management company. Previously the company's senior executive responsible for corporate strategy, Mr. Wetekamp succeeds Nader Sabbaghian, who is leaving the company for a new professional challenge.
Having joined the BravoSolution corporate leadership team in 2008, Mr. Wetekamp brings more than 15 years of technology industry experience, with the past six having been focused on extending BravoSolution’s technology leadership position and supporting company growth in key new markets.
BravoSolution continues to experience strong demand for its suite of supply management and strategic sourcing services. The company has seen double digit growth in 2014, with revenues up 10% year on year, two new operations launched in Asia Pacific (Sydney) and the Nordics (Helsinki), and more than 85 new software activations in the first half of the year.
“I am immensely proud to take on this exciting role within BravoSolution,” said Mr. Wetekamp. “I look forward to leading our talented and dynamic team as we continue to support and deliver value to our global customer base.”
“I am extremely pleased the new CEO comes from within the company. Jim brings a solid track record, deep solution knowledge and a fundamental understanding of the DNA that makes BravoSolution so unique,” said Federico Vitaletti, BravoSolution chairman.
Founded in 2000, BravoSolution has rapidly expanded to 17 global offices across 12 countries. Gartner’s 2013 Magic Quadrant for Strategic Sourcing Application Suites positioned BravoSolution as the most visionary strategic sourcing vendor in the leader’s quadrant and the second highest for its ability to execute.
For more information, visit http://www.BravoSolution.com.
Supply management executives are now, more than ever, under pressure to deliver more savings, develop and manage strategic supplier relationships, accelerate procurement cycles, and maintain process excellence. Confronted with these diverse yet consistent challenges, CPOs and sourcing professionals must seek tailored solutions that deliver rapid ROI to their business.
BravoSolution offers leading software and services to fit the needs of today’s sophisticated supply management organizations. Our services organization delivers lean, targeted services to support strategic sourcing and procurement initiatives. Our industry leading software toolkit supports the full supply management lifecycle across a myriad of industries, geographies and business models.
As of today, over 60,000 procurement professionals in 60 different countries are benefiting from BravoSolution’s technology and services – unlocking tangible benefits such as increased process efficiency, decision support, cost reduction, improved process governance, greater quality relationships with vendors and the ability to share, understand and act upon the wealth of sourcing-related data held within their organization. Learn more at BravoSolution.com.