SEATTLE--(BUSINESS WIRE)--DocuSign®, the leading web-based electronic signature service, announced its appointment of Matthew J. Schiltz to the position of chief executive officer and president.
Schiltz brings to DocuSign extensive experience leading and building both public and privately held technology companies. Previous positions include CEO of General Software, a leading supplier of embedded firmware; CEO of CourtLink, an electronic document filing and retrieval company that was acquired by the Lexis/Nexis division of Reed Elsevier Group; COO at OneComm, a national telecommunications company; and president of StatSci/Insightful, a supplier of interactive data analysis and graphics software. Under Schiltz’s leadership all four companies were named to the prestigious Inc. Magazine 500 and/or Fast 50 lists of top technology firms.
“DocuSign is an exciting company. We have great products, excellent patents, satisfied customers in many key market segments, and a team with unequaled experience in our industry,” said Schiltz. “We also have significant traction in a very large marketplace, one that spends an estimated $1.4 trillion a year getting documents signed.”
DocuSign co-founder and previous CEO Court Lorenzini will continue to be a leader at DocuSign as executive vice president of business development to focus on strategic business relationships. “DocuSign is entering the next phase of its growth, requiring the type of expertise and track record that Matt brings to the table,” said Lorenzini. “Matt has a proven ability to create winning organizations that are built for growth, gain market share and achieve sustained profitability. We are excited to have him join our team.”
As companies and individuals increasingly move to web-based services, the traditional pen and paper method of obtaining signatures is disappearing in many industries. As a web-based service, DocuSign offers a fast, secure and legal means to obtain signatures for documents, help customers close business faster and grow, plus save the cost and time involved with printing, mailing and faxing documents.
“The business case for DocuSign is impressive,” said DocuSign board member Jonathan Roberts, a partner with Ignition Partners, a Seattle-based venture capital firm and DocuSign investor. “We now have the team and funding in place to take the company to the next level, building on the great success that Court and (co-founder) Tom Gonser have had to date.”
An honors graduate from the University of Washington, Schiltz holds an MBA from the Albers School of Management, Seattle University. He has served as past director of the Washington Software Association and other industry associations.
DocuSign offers a web based electronic signature service that provides the simplicity, speed and security required to deliver, sign and store documents. Designed from the ground up for business-class usage, this service integrates the technical infrastructure and legal compliance needed to operate an end-to-end signing service. DocuSign customers span a variety of industries and range from the largest corporations to the smallest branch offices. For more information please visit www.docusign.com.