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Impel Strengthens C-Suite, Adding Veteran Auto Tech Execs as CTO and CPO, and Creating 3 New Executive Positions Amid Aggressive Global Expansion

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“Impel is at the forefront of the AI revolution, and these leadership additions will enable us to deliver a single, unified AI platform and solidify our position as the de facto standard for enterprise-grade automotive AI around the world,” said Impel CEO and Co-founder Devin Daly.

SYRACUSE, N.Y., Aug. 6, 2024 /PRNewswire-PRWeb/ — Impel, the global leader in AI Sales and Marketing automation for the automotive industry, announced today a number of executive leadership hires and new positions aimed at enhancing enterprise scale and positioning the company for continued long-term expansion. This announcement comes at a time of significant growth for Impel and follows the company’s recently announced acquisition of Outsell, a leading automotive customer engagement platform, in a deal valued at more than $100 million.

“Impel is at the forefront of the AI revolution, and these leadership additions and changes will enable us to deliver a single, unified AI platform and solidify our position as the de facto standard for enterprise grade Automotive AI around the world.”

Eric Portman joins the Company as Chief Technology Officer. An experienced enterprise technologist and engineering leader, Portman has over three decades of experience in designing and delivering mission critical solutions across various industries. Prior to joining Impel, Portman served as Senior Vice President of Product and Engineering at Cox Automotive, where he led a team of more than 1,200 product and engineering professionals around the globe. At Cox, he spearheaded product and technology innovation, including the technical integration of acquired products. Additionally, Portman led the development of proprietary data and machine learning-powered applications, process automation, and customer solutions to drive significant revenue growth and operational efficiencies. Earlier in his career, Portman was Partner and Managing Director in the Technology practice at Accenture, where he delivered technology-powered change programs for clients like Disney, the National Football League, and BellSouth (subsequently acquired by AT&T, Inc.).

“As the category creator and industry standard for enterprise grade Automotive AI, Impel is uniquely positioned to bring cutting-edge AI-enabled process and technology automation to OEMs, dealers, marketplaces, and technology providers alike,” said Portman. “In today’s global economy, helping the industry to effectively adopt and implement purpose-built AI solutions at scale is a strategic imperative to ensure sustained operational performance and profitability. I’m delighted to be a part of this organization, and I can’t wait to contribute to Impel’s vision of a unified AI platform that powers all channels and touchpoints throughout the automotive retail ecosystem.”

Matthew Muilenburg joins Impel as Chief Product Officer. A seasoned technology and product development executive, Muilenburg previously served as Chief Market Development Officer at Marchex, a leading AI-powered conversational intelligence provider. There, he led the unification of the company’s solutions into a verticalized technology platform, leading to significant business growth across multiple sectors. As Senior Vice President and Head of Industry for Automotive at Marchex, Muilenburg established industry dominance in conversational intelligence by delivering verticalized OEM solutions and landing key enterprise clients including General Motors, Ford, Stellantis, and Honda Motors of America. Prior to that, Muilenburg served as Vice President of Global OEM Solutions at CDK, where he led global market expansion as well as product strategy and platform integration of numerous acquisitions. Earlier in his career, Muilenberg held roles as Vice President of Social Media Products at ADP and Vice President of Product Solutions at Cobalt Group.

“Impel has an established track record of success in enabling automotive manufacturers and retailers to deliver consistently exceptional experiences across the customer journey, while enhancing operational efficiency and profitability,” said Muilenburg. “As we bring to market the auto industry’s first end-to-end AI Sales and Marketing Automation platform, the opportunities for growth are limitless. I look forward to working with the team to deliver AI and technology innovations that drive unprecedented levels of success for automotive enterprises around the world.”

John Clavadetscher, formerly President of Outsell, has been named Impel’s Chief Commercial Officer. A veteran automotive industry leader, Clavadetscher brings more than 25 years of experience successfully scaling high-growth software and digital companies. At Outsell, Clavadetscher was instrumental in dramatically increasing revenue, bookings, and retention, which led to the acquisition by Impel. Prior to Outsell, Clavadetscher was on the founding team and served as President of Cooler Screens Inc., the largest in-store digital retail media platform in the US. Previously, Clavadetscher was on the founding team and subsequently spent 20 years at Cars Commerce (NYSE: CARS), a leading automotive technology company that includes Cars.com, Dealer Inspire, and AccuTrade. While there, he scaled the company’s go-to-market operations, accelerating revenue and retention in various leadership roles. He was serving as Chief Revenue Officer, leading the commercial and operations functions, when the company went public in 2017.

Steve Saporta, formerly Chief Technology Officer, has been named Impel’s Chief Information Security Officer. This new role reflects the critical importance of global data security and privacy. Data breaches and cyberattacks are a pressing concern worldwide, with the average cost of a breach reaching $4.88 million in 2024 (the highest yearly jump since the pandemic), according to IBM’s Data Breach Report. The business and reputational risks of cyber incidents are higher than ever, and the need for trusted partner policies and systems is paramount. In his new role, Saporta will spearhead Impel’s continued development and delivery of world-class global information security, privacy, and data protection policies, protocols, processes, and systems. Additionally, he will oversee the continued availability and reliability of the Company’s SaaS (Software as a Service) and AI solutions, ensuring optimal performance for the automotive retailers and OEMs who depend on Impel technology to support core business operations.

Andrew Lumsden, formerly Chief Product Officer, has been appointed to the newly created role of Senior Vice President of Platform Services. As Impel continues to make significant inroads with automotive OEMs, marketplaces, and enterprise groups around the world, the ability to deliver customized enterprise applications and globally scalable platforms has become critical to company growth. To meet these needs, Lumsden will lead the development of shared services and applications, as well as expanding the company’s ecosystem of technical integrations and client engineering capabilities across the globe. Additionally, Lumsden will spearhead the development of enterprise-level product testing and experimentation processes, enabling greater data utilization and application across the company.

“The adoption of AI in automotive is accelerating at a breakneck pace across all geographies and sectors of the industry. Vertical AI models and applications are becoming indispensable to automotive retailers, marketplaces, and OEMs around the world as the foundational engine that unlocks additional value from existing data and operational systems,” said Devin Daly, CEO and Co-Founder of Impel. “Our recent acquisition of Outsell creates a powerhouse of more than 170 Engineering, R&D, and Product Development specialists focused on creating unparalleled AI solutions and seamlessly integrated products – and we’ll continue to scale the organization to drive global growth. Impel is at the forefront of the AI revolution, and these leadership additions will enable us to deliver a single, unified AI platform and solidify our position as the de facto standard for enterprise grade Automotive AI around the world. I couldn’t be more excited to welcome Eric and Matt to the team, and to see John, Steve and Andrew take on critical new roles where they’ll continue to make meaningful impact on our business. Onward!”

About Impel

Impel offers automotive dealers, OEMs, and third-party marketplaces the industry’s most advanced AI-powered customer lifecycle platform. The company’s end-to-end omnichannel solution leverages proprietary shopper behavioral data and generative conversational AI technology to deliver hyper-personalized experiences at every touchpoint. Impel’s fully integrated platform works seamlessly with all major website, CRM, and DMS platforms. To date, the company has delivered 22 billion shopper interactions, influencing $6 billion in Sales and Service revenue across 51 countries. To learn more about Impel, visit impel.ai.

Media Contact

Alexis Cardona, Impel, 1 844-384-6735, alexis@impel.ai, https://impel.ai

View original content:https://www.prweb.com/releases/impel-strengthens-c-suite-adding-veteran-auto-tech-execs-as-cto-and-cpo-and-creating-3-new-executive-positions-amid-aggressive-global-expansion-302215002.html

SOURCE Impel

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DXC Technology Names Brad Novak as Chief Information Officer

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Veteran Technology Executive Joins DXC’s Leadership Team

ASHBURN, Va., Jan. 2, 2025 /PRNewswire/ — DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Brad Novak as Chief Information Officer. Novak joins DXC’s leadership team, with a strong focus on leveraging AI throughout DXC operations. He will report to DXC’s Chief Administrative Officer, James Walker.

In this role, Novak will strategically embed AI across the infrastructure. He will also lead the team to integrate, standardize and consolidate various platforms, tools, and processes to enhance workforce productivity and operational efficiency. 

Novak is a senior technologist and brings over 30 years of experience in financial services, spanning application development, infrastructure and service management. He has worked at several global financial services firms, most recently Barclays, where he was the CTO for the Corporate and Investment Bank, leading technology architecture and strategy. Novak has also worked in Private Equity and Venture Capital, assessing investment opportunities and advising portfolio companies on their technology strategies.   

For more information DXC’s leadership team, visit here.

Forward Looking Statements

All statements in this press release that do not directly and exclusively relate to historical facts constitute “forward-looking statements.” These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled “Risk Factors” in DXC’s Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.

About DXC Technology

DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world’s largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.

CONTACT: Mihir Bellamkonda, Media Relations, mihir.bellamkonda@dxc.com; Roger Sachs, Investor Relations, roger.sachs@dxc.com

Photo – https://mma.prnewswire.com/media/2589628/DXC_Technology_Company_DXC_Technology_Names_Brad_Novak_as_Chief.jpg

View original content:https://www.prnewswire.co.uk/news-releases/dxc-technology-names-brad-novak-as-chief-information-officer-302341382.html

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Class Action Filed Against Joint Stock Company Kaspi.kz (KSPI) – February 18, 2025 Deadline to Join – Contact The Gross Law Firm

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NEW YORK, Jan. 2, 2025 /PRNewswire/ — The Gross Law Firm issues the following notice to shareholders of Joint Stock Company Kaspi.kz (NASDAQ: KSPI).

Shareholders who purchased shares of KSPI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/joint-stock-company-kaspi-kz-loss-submission-form/?id=119693&from=4 

CLASS PERIOD: January 19, 2024 to September 19, 2024

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Joint Stock Company Kaspi.kz continued doing business with Russian entities, and also providing services to Russian citizens, after Russia’s 2022 invasion of Ukraine, thereby exposing the Company to the undisclosed risk of sanctions; (2) the Company engaged in undisclosed related party transactions; (3) certain of the Company’s executives have links to reputed criminals; and (4) as a result, defendants’ statements about Joint Stock Company Kaspi.kz’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

DEADLINE: February 18, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/joint-stock-company-kaspi-kz-loss-submission-form/?id=119693&from=4 

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of KSPI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is February 18, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com 
Phone: (646) 453-8903

View original content to download multimedia:https://www.prnewswire.com/news-releases/class-action-filed-against-joint-stock-company-kaspikz-kspi—february-18-2025-deadline-to-join–contact-the-gross-law-firm-302341315.html

SOURCE Gross Law Firm

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Canadian defined benefit pension plans show slightly decreased funded levels in Q4: Aon

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TORONTO, Jan. 2, 2025 /CNW/ — Aon plc (NYSE: AON), a leading global professional services firm, announced today that the aggregate funded ratio for Canadian pension plans in the S&P/TSX Composite Index decreased to 105.5 percent compared to 105.8 percent at the end of the third quarter, according to the Aon Pension Risk Tracker. A year ago, it was at 100.7 percent.

The Aon Pension Risk Tracker calculates the aggregate funded position on an accounting basis for companies in the S&P/TSX Composite Index with defined benefit plans. To access Aon’s interactive tracker, which dates to 2013, click here.

Key findings for the quarter ending December 31, 2024 include:

Pension assets gained 2.3 percent over the fourth quarter of 2024.The long-term Government of Canada bond yield increased 20 basis points (bps) relative to the previous quarter rate, and credit spreads narrowed by 29 bps. This combination resulted a decrease in the discount rate, from 4.42 percent to 4.33 percent.

“Most pension plans performed well in 2024, with a meaningful uptick in funded ratios,” said Nathan LaPierre, partner, Wealth Solutions, Aon. “Uncertainty is the name of the game for 2025. Many plan sponsors likely still have room to derisk and should consider doing so in light of healthy funded positions and that uncertainty.”

About Aon

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedInXFacebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Media Contact
Alexandre Daudelin
+1 514 967-9330

 

SOURCE Aon plc

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