Convercent Appoints Three Senior Executives, Strengthening Management Team of Fast-Growth GRC Leader

DENVER, CO--(Marketwired - Aug 27, 2014) - Convercent today announced three new key appointments to its executive team, with Joe LeBas joining as Chief Strategy Officer, Chris Nixon hired as the company's Executive Vice President of Marketing and Rachel Gerace as Vice President of Professional Services. All of the newly placed executives will help steer the evolution of Convercent's integrated global compliance solutions -- modernizing the way companies bring their compliance risks and initiatives together, and measure success.

"Coming off the strongest quarter in our company's history, we sought out the best executives in the field to build upon that growth and continue providing Convercent customers with a simple, effective and comprehensive solution to what's traditionally been a complex problem of compliance risk," said Patrick Quinlan, CEO of Convercent. "Joe LeBas and Chris Nixon bring the strategic and marketing talent to ensure we stay ahead of the market, and they're already making an impact on our company and our customers. Having Rachel Gerace, who's been with Convercent since its formation, shepherd our professional services division shows our continued commitment anticipating and exceeding customer expectations."

As Convercent's new Chief Strategy Officer, Joe LeBas is charged with strategic alliances and business development, product strategy and international expansion. Mr. LeBas brings a blend of successful GRC and enterprise software leadership to Convercent. He previously served as President, North America for BWise, helping lead the global GRC company to a successful acquisition by NASDAQ OMX. Prior to that, Mr. LeBas helped build Big Data software pioneer Vivisimo (now part of the IBM Watson group), PolyServe (now part of HP) and PeopleSoft. Mr. LeBas is an active practitioner in the GRC space, with memberships in the Institute of Internal Auditors (IIA) and National Association of Corporate Directors (NACD).

"I believe the GRC market has yet to achieve its potential in enabling true, demonstrable and sustainable change through use of technology to automate risk-driven compliance processes," said Mr. LeBas. "The team at Convercent has thoroughly impressed me with the modern technology they have developed, and an approach to the overall ownership experience not yet seen in this market. It is an honor to join them at this stage of Convercent's growth. The ultimate winners are going to be the customers."