Aternity announced that Bill Hewitt has been appointed President and CEO.
Hewitt is an experienced technology executive with a track record of leading and implementing strategies that result in significant and sustained value for high-growth software companies and deliver substantial benefits to customers.
“Bill is a strong business leader with a proven track record of leading high-growth software companies to even greater success, and he brings to Aternity a passion for innovation and driving customer value,” said David Murphy, Aternity Executive Chairman and a Senior Operating Partner at Thoma Bravo. “Bill is exactly the right leader for Aternity as we look to continue to accelerate our market momentum in the emerging and fast-growing Digital Experience Management market.”
“Aternity has a fantastic reputation for delivering significant value to customers, with unique and differentiated market leading Digital Experience Management solutions,” said Bill Hewitt, Aternity President and CEO. “Organizations worldwide have become more dependent on a wide suite of applications to run their business, and the performance of applications and end-users is critical to their success. I look forward to working with the talented Aternity team to expand the opportunity that sits before us, and we will continue to work with our customers to expand the value we deliver that enhance the user experience and make organizations the most efficient and competitive they can be.”
“ESG research recommends that enterprises continue to invest in and mature their digital transformation initiatives to drive operational efficiencies and provide differentiated customer experiences,” stated Bob Laliberte, Sr. Analyst at ESG. “Aternity Digital Experience Management solutions provide valuable cross-domain, granular visibility and AI powered analytics across both private and public clouds to enable enterprises to operationalize cloud-native application environments and deliver enhanced digital experiences.”
Prior to joining Aternity, Hewitt was a partner at Beacon Equity Partners in Boston. He was previously CEO and Director of Exari Systems, the market-leading contract lifecycle management (CLM) software provider, where he significantly grew the company while maintaining record EBITDA margins. He strategically positioned the company from a product to a platform company with a focus on global 2000 companies in insurance, financial services, professional services and healthcare. In 2019, Hewitt led the sale of Exari Systems to Coupa Software, where he stayed on as a general manager to facilitate the integration of Exari into Coupa. Prior to Exari Systems, Hewitt served as President, CEO and Director of Kalido, a venture-backed software company where he defined the business strategy and led operations, driving strong financial performance prior to the successful sale of the company to Magnitude Software. With a wide range of expertise developed over 30 years of experience, Hewitt also has held leadership roles at Novell, PeopleSoft, and began his career in sales, marketing and management roles at IBM.
Hewitt is a graduate of Boston University Questrom School of Management with a BS in Business Administration and received the Distinguished Alumnus award in 2009. He has held Board and Advisory roles at leading software companies across the Northeast.
Aternity is a subsidiary of Riverbed Technology, Inc., a portfolio company of Thoma Bravo. Aternity became a division of Riverbed in 2019, and in January began operating as an independent company in order to drive greater focus on the significant DEM market opportunity.
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