LOVES PARK, Ill.--(BUSINESS WIRE)--Cleo announced today that Stanley Stec joins the company as its vice president of finance, leading corporate finance for this innovative software company that provides dynamic integration, big data integration, and secure file sharing solutions.
A strategic finance leader with a demonstrated record of supporting rapid growth at public, private, and PE/VC-backed companies, Stec’s background includes deep experience in financial management for global enterprise and SaaS software, technology, and financial services organizations.
Stec previously served as chief financial officer at SDI and at NewNet Communication Technologies, executive vice president and chief accounting officer at Jones Lang LaSalle, and integration operations executive at IBM, and he has held various financial management and controller roles at Initiate Systems, J.D. Edwards, and Infogix. Stec earned a Bachelor of Arts in business from Saint Xavier University and completed the executive program at Northwestern University’s Kellogg School of Management.
“Cleo is experiencing high growth driven by the market need for an easy-to-use and scalable integration solution that connects B2B communities, big data, cloud, and applications from a single platform,” said Sumit Garg, president of Cleo. “Given our scale and 5x growth trajectory over the past five years, we are adopting financial and operational rigor of much larger public software companies. Stan’s deep expertise in shaping and leading financial operations for high-growth software and technology organizations will help deliver superior financial excellence for Cleo and its customers. We’re extremely excited to bring Stan on in this critical leadership role as Cleo continues to expand its next-generation integration solutions and rapidly increase market share.”
“The amount of growth Cleo’s experienced over the past few years is truly remarkable but unsurprising, given the sterling reputation Cleo has achieved around the world for its solutions,” Stec said. “I’m looking forward to jumping right in with hands-on and strategic approaches to drive further expansion for this exciting software company committed to delivering the best solutions and service to its customers.”
Cleo delivers the easiest integration software for applications, partners, cloud, and big data while equipping IT with the administrative control needed to ensure security and high availability. For over 40 years, thousands of companies of all sizes, from small shops to the largest global enterprises, have trusted Cleo to integrate their critical information workflows. These companies use Cleo managed file transfer software to move over $275 billion in transactions every day. Cleo provides a library of 900 pre-built configurations that automates your deployment of complex information integration. Harness the power of the Cleo Integration Suite to transform your business. For more information, call +1.815.282.7695.