WorkBoard Adds Veteran Sales and Growth Leaders, Deepens Bench of OKR Experts to Scale Business Faster

Demand for Strategy and Results Management Platform rising as
enterprises seek to align and accelerate results in increasingly fast,
dynamic markets

REDWOOD CITY, Calif.–(BUSINESS WIRE)–WorkBoard,
a pioneer in Enterprise Strategy and Results Management, today announced
it has added two veteran executives to its leadership team. Mike Hipp
has joined the company as vice president of sales, and Hemant Sharma
takes lead as vice president of growth.

“Today, most enterprises must drive growth while shifting business
models in fast-moving markets,” said WorkBoard CEO and co-founder Deidre
Paknad. “As a result, more executives turn to WorkBoard for a systematic
way to align, measure and achieve Objectives and Key Results (OKRs).
Mike brings a wealth of experience with large enterprise customers at
market transition points, and Hemant has deep expertise in enterprise
struggles to close strategy-execution gaps. Their leadership will help
us reach and serve our rapidly growing customer base.”

Hipp is a seasoned sales executive who built and led sales teams at
Medallia, Aprimo, PTC and most recently Lanetix. Sharma joins WorkBoard
from Main Street Hub (acquired by GoDaddy) where he crafted strategy and
products to drive growth in new markets. Prior to that, he was senior
engagement manager at McKinsey & Co., where he led go-to-market,
customer experience and operational transformation initiatives for very
large enterprises.

In addition to Hipp and Sharma, WorkBoard also added Megan Kolkman as
managing director of client delivery and Regina Magaril as strategy
solutions manager. Kolkman’s background includes management consulting
at Booz Allen Hamilton, strategy at Target and account management
leadership roles at ESRI and elsewhere. Magaril was most recently a
strategy and operations consultant at Deloitte working on large
enterprise strategy engagements.

The new additions come as WorkBoard is seeing high growth in its
existing customer base. The company recently announced a partnership
enabling Deutsche Telekom’s Detecon Group to deliver WorkBoard-based OKR
solutions to its global customers. In October, WorkBoard launched an OKR
coaching certification program to help organizations build their
competencies in aligning and measuring results; the program incorporates
the insights and expertise WorkBoard developed while facilitating over
2,500 workshops to define and align objectives and key results more
effectively.

“Every organization has strategic priorities and urgency to achieve
them, but few have a systematic, data-driven approach to aligning,
measuring and managing their results,” said Arjun Chopra, partner at
Floodgate and WorkBoard investor and board member. “WorkBoard was first
to recognize this as a crucial business process that must be scalable,
predictable and transparent. The market response to WorkBoard has been
fantastic and these team expansions will help WorkBoard grow its reach
faster.”

M12 (formerly Microsoft Ventures), Opus Capital and Shea Ventures are
also investors in the company.

WorkBoard

WorkBoard is the pioneer of Enterprise Strategy and Results Management
solutions which help organizations to set, measure and execute strategic
priorities faster. Company founders, who combined hold 18 patents and
two Smithsonian Innovation Awards, created a new solution category when
they recognized that market and technology acceleration would require a
corresponding acceleration in how companies iterate and activate
strategic priorities. Both high-growth and high-scale companies use
Workboard, including companies like Microsoft, Reliance Industries,
AmTrust, Samsung, 8X8, Disys, Intellidyne, eSilicon, EDMI, TrendKite,
Influitive, and others. For more information, visit www.workboard.com or
follow the company on Twitter @WorkboardInc.

Contacts

For WorkBoard
Jen Cadmus, 512-934-8350
jen@thedialoglab.com

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