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Ann: OFFICE: DIL: Diligent Appoints Brian Stafford as CEO

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    • Release Date: 01/04/15 08:30
    • Summary: OFFICE: DIL: Diligent Appoints Brian Stafford as CEO
    • Price Sensitive: No
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    					DIL
    01/04/2015 08:30
    OFFICE
    PRICE SENSITIVE
    REL: 0830 HRS Diligent Board Member Services INC (NS)
    
    OFFICE: DIL: Diligent Appoints Brian Stafford as CEO
    
    April 1, 2015
    
    Diligent Appoints Brian Stafford as Chief Executive Officer
    Alex Sodi Appointed Chief Product Strategy Officer
    
    Diligent Board Member Services, Inc. ("Diligent" or the "Company") (NZX: DIL)
    today announced that Brian Stafford has been appointed President and Chief
    Executive Officer, effective March 31, 2015 (Eastern Daylight Time, United
    States). Alex Sodi will turn his focus to the design and development of
    Diligent's products as Founder and Chief Product Strategy Officer reporting
    to Brian. Alex will also continue to serve as a member of Diligent's Board of
    Directors.
    
    Brian comes to Diligent from McKinsey & Company where he was a Partner. While
    he was at McKinsey, he founded and led their Growth Tech Practice which
    primarily focused on Software-as-a-Service ("SaaS") companies, ranging from
    early-stage to publicly traded enterprises, driving accelerated revenue
    growth through innovation, enhanced go-to-market strategies and global
    expansion. Prior to McKinsey, Brian was the Founder, President and CEO of
    CarOrder, a division of Trilogy Software based in Austin Texas. Brian has a
    Masters in Computer Science from the University of Chicago and a B.S. in
    Economics from the Wharton School at the University of Pennsylvania, and
    lives in Manhattan.
    
    David Liptak, Chairman of the Board said, "I am thrilled that we were able to
    recruit Brian away from McKinsey. We have huge growth opportunities out in
    front of us for Diligent Boardbooks and for Diligent Teams. Today we have put
    one of the world's foremost experts in SaaS growth strategies in charge of
    maximizing our revenue growth."  He added, "Alex has built this incredible
    business through his meticulous focus on product and customer experience, and
    now he can concentrate on our product strategy and making Diligent Teams a
    success."
    
    Brian Stafford said: "I am very excited to become CEO of Diligent. I have
    worked with dozens of SaaS companies and Diligent is truly unique. For a
    company that has a relatively low profile in the SaaS world, I think it has
    enormous potential, and Alex deserves the utmost praise for building Diligent
    to where it is today. I am thrilled to partner with him, and the entire
    Diligent team, on the next phase of Diligent - which will most certainly
    continue with the fanatical focus on building great products, delivering
    world-class customer service, and producing strong profit margins."
    
    As Chief Executive Officer, Brian will take responsibility for all day-to-day
    operations of the business with a focus on accelerating global growth and
    building scale into the business to seamlessly manage the growth. In his role
    as Chief Product Strategy Officer, Alex will focus full time on driving
    product strategy and, specifically, the development and successful launch of
    Diligent Teams.
    
    Investor inquiries:
    Sonya Joyce
    Ph: + 64 4 894 6912
    
    Media inquiries:
    Geoff Senescall
    Ph: + 64 21 481 234
    
    About Diligent
    
    Over 92,000 individual directors, executives and board teams worldwide rely
    on Diligent Board Member Services, Inc. (NZX: DIL) to speed and simplify how
    board materials are produced, delivered, reviewed and voted on. Providing the
    world's most widely used secure board portal via iPad, Windows devices and
    browsers - Diligent has pioneered ease of use, stringent security, and
    superior training and support since 2001. Diligent Boardbooks provides
    directors and management with immediate access to their most time sensitive
    and confidential information along with the tools to review, discuss and
    collaborate on it. It also helps administrative staff accelerate production
    and delivery, and corporate executives streamline board communications and
    decisions.
    
    Diligent uses the Software-as-a-Service (SaaS) model to distribute its
    Diligent Boardbooks application to the market and maintain the security and
    integrity of its clients' data. Under this model, Diligent offers annual
    renewable subscriptions for customer access to its Diligent Boardbooks
    product which is hosted on Diligent's secure servers, and offers a complete
    suite of related services including training, support, data migration and
    data security/backup.
    
    Safe Harbor Statement
    
    Statements made in this press release that state Diligent's or management's
    intentions, beliefs, expectations, or predictions for the future are
    forward-looking statements within the meaning of The Private Securities
    Litigation Reform Act of 1995. Readers are cautioned that these statements
    are only predictions and may differ materially from actual future events or
    results. All forward looking-statements are only as of the date of this press
    release and Diligent undertakes no obligation to update or revise them. Such
    forward-looking statements are subject to a number of risks, assumptions and
    uncertainties that could cause Diligent's actual results to differ materially
    from those projected in such forward-looking statements. Factors which could
    cause our actual results to differ materially from those projected in
    forward-looking statements include, without limitation, economic,
    competitive, regulatory and technological factors affecting Diligent Board
    Member Services, Inc.'s operations, markets, products, services and other
    factors set forth in the Company's Risk Factors included in its Annual Report
    on Form 10-K filed with the SEC on March 16, 2015.
    End CA:00262559 For:DIL    Type:OFFICE     Time:2015-04-01 08:30:01
    				
 
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