KENNESAW, Ga.--(BUSINESS WIRE)--Riskonnect, the leader in integrated risk management solutions, today announced the hiring of Jim Wetekamp as its new CEO.
Wetekamp has more than 20 years of product and leadership experience, most recently serving as CEO of BravoSolution, a Chicago-based cloud procurement solutions company.
Wetekamp joined BravoSolution in 2008 following its acquisition of VerticalNet, his former employer. As that company’s CEO, Wetekamp successfully navigated its sale to an Accel-KKR portfolio company, following years of rapid growth.
The hiring of Wetekamp comes at a pivotal time for Riskonnect, as the company continues to position itself as the leading innovator in risk management space. The opportunity to lead the company through its transformation appealed to Wetekamp, according to Teri McEvily, Riskonnect’s chief financial officer and interim CEO.
“Integrated risk management is becoming increasingly important for organizations looking to protect their reputations and bottom lines,” Wetekamp said. “The talented team at Riskonnect understands this new reality and is taking bold moves to deliver greater customer success and move the business forward.”
Wetekamp’s hiring comes on the heels of a strong first quarter for Riskonnect, including being named a Leader in The Forrester WaveTM: Governance, Risk, and Compliance Platforms, Q1 2018 and a finalist in the Atlanta Business Chronicle’s 2018 Pacesetter Awards.
Riskonnect, a Thoma Bravo portfolio company, is the trusted, preferred source of Integrated Risk Management technology, offering a growing suite of solutions on a world-class cloud-computing model that enables organizations to anticipate and manage strategic and operational risks across the enterprise.