Vendavo Appoints High Tech Finance Executive as Chief Financial Officer

MOUNTAIN VIEW, CA--(Marketwired - April 13, 2016) - Vendavo, a leading provider of margin and profit optimization solutions, announced today the appointment of high tech finance veteran, John Oosterhouse, as chief financial officer.

"John's experience represents a perfect blend of financial success with technological expertise that fits Vendavo's mission to drive customer profitability through technology and finance," said Bruno Slosse, president and CEO of Vendavo. "We are excited to have John join the team as we continue moving towards the next stage of success."

Oosterhouse has more than 25 years of financial and operational management experience in the high tech industry. Prior to joining Vendavo, he served as senior vice president and interim CFO at Veritas while the business was sold to private equity from Symantec. At Veritas, he was responsible for all of financial planning, treasury, tax, investor relations, and accounting. He has previously held leadership positions driving process improvement initiatives and leading high performance finance teams at Sun Microsystems, Maxtor Corporation, and Unisys.

"Vendavo's margin and profit optimization solutions marry financial analyses with advanced technological understanding," added Oosterhouse. "For most of my career, I have been part of conversations about profitability and how to maintain sustainable growth and Vendavo's product portfolio has a proven track record of long-term success with B2B Global 2000 companies. I am excited and honored to join the company at a time of growth and transformation towards improving the profitability of customers worldwide."

About Vendavo

Vendavo harnesses the power of Big Data to generate actionable insights that enable businesses to sell more profitably. Our margin and profit optimization solutions help global customers make better data-driven decisions for pricing and sales effectiveness. Using cutting-edge analytics and deep industry expertise, Vendavo boasts the largest number of implementations for B2B enterprises in the industry, having helped more than 300 company divisions dramatically increase revenue, improve profit margins and maximize shareholder value. Located across the globe, Vendavo is the solution of choice for Global 2000 companies in industries such as chemicals, industrial manufacturing, high-tech, and distribution. Learn more at http://www.vendavo.com.