ROCKFORD, Illinois – (COMMERCIAL THREAD) –Cleo, the pioneer and world leader in the ecosystem integration software category and supplier of Cléo Cloud Integration platform, today announced to have appointed Andrew (“Drew”) Skarupa as Chief Financial Officer (CFO) of the company, a new position.
In his new role, Skarupa will oversee the Finance & Accounting, Human Resources, Legal and IT departments of Cleo, and will report to Mahesh Rajasekharan, Cleo President and CEO.
Prior to joining Cleo, Skarupa spent 2.5 years at Forecast5 Analytics, a privately funded SaaS EdTech company, where he served as CFO and COO until the successful sale of the company at Frontline Education. Prior to that, he spent 12 years as CFO and COO at RealD, one of the world’s leading licensees of stereoscopic (three-dimensional) technologies, joining when it was a start-up -up pre-revenue and leading the company when it went public, turning RealD into a public NYSE-listed company with nearly $ 300 million in revenue and a market cap of nearly $ 2 billion dollars.
Skarupa has also held various other financial leadership roles at RetailNext, Watermark Sports, Alliant Protection Services, Inc., Malibu Networks, idealab !, MiniMed, Inc. and Deloitte. He received a Bachelor of Mathematics from UCLA, an MBA from UCLA Anderson School of Management, is a Certified Public Accountant in the State of California and holds many other professional certifications.
“As a growing SaaS company providing ecosystem integration software solutions to fuel the growth of our 4,000 customers and more focused on e-commerce, Cleo was looking for the most qualified CFO to join. our exceptional organization as we take it to the next level, ”said Rajasekharan. “Given Drew’s extensive experience in high growth SaaS companies, his knowledge of capital markets including IPOs of companies, his extensive M&A expertise both on the buy side and on the sales side, along with his exceptional professional experience and know-how in the tech industry, we are delighted to welcome him to the global Cleo family.
“I am extremely happy to join Cleo at this most timely stage of their promising growth trajectory,” said Skarupa. “I believe in the unlimited innovation potential of the Cleo Integration Cloud platform and the promise of the category of ecosystem integration software that Cleo has defined. I share the confidence of the leadership team that Cleo, as the industry’s most advanced B2B cloud integration technology company, is uniquely positioned to make the biggest positive difference in the industries it serves.
About Cleo Integration Cloud
Cléo Cloud Integration (CIC) is a cloud-based integration platform, specifically designed to design, build, operate and optimize the integration processes of critical ecosystems. The CIC platform provides end-to-end integration visibility across API, EDI and non-EDI integrations, giving technical and business users the confidence to quickly onboard business partners, enable integration between applications and accelerate revenue-generating business processes. On the platform, companies have a choice of self-service, managed services or a blended approach, ensuring complete flexibility and control over their B2B integration strategy.
Cleo is a results-driven ecosystem integration software company, ensuring every customer’s potential is realized by delivering solutions that facilitate discovery and value creation through the movement and integration of data. B2B business. Cleo provides customers with strategic ‘outside to in’ visibility into critical end-to-end business flows that take place in their partner and customer ecosystems, marketplaces and internal applications in the cloud and on the site. Our solutions empower teams to drive business agility, accelerate integration, facilitate the modernization of key business processes and capture new revenue streams by reimagining and remastering their digital ecosystem through technology robust applications, B2B and data integration. Find out how more than 4,000 customers benefit from Cleo’s thought leadership, partnership programs, and prospects for ecosystem integration, visit www.cleo.com or call +1.815.282.7695.