Support Continued Momentum
SAN JOSE, Calif. – June 19, 2012 – Xactly Corporation has appointed proven finance leader Joe Consul as its new chief finance officer.
Consul brings his significant experience guiding growing companies to his new responsibilities overseeing the cloud-based leader in incentive compensation and sales performance management’s corporate finance, accounting and administration.
“Xactly continues to expand at a great pace,” said Christopher Cabrera, Xactly’s president and CEO. “Joe’s wealth of experience leading finance at both private and public companies, including two SaaS companies, makes him an invaluable addition to our management team and will help us continue to meet the strong global demand for cloud-based compensation and performance management solutions.”
With more than two decades of tech finance and operations experience, Consul has completed half of a billion dollars in private and public equity transactions. Former Xactly CFO Scott Broomfield is now managing the fast-growing Xactly Express incentive compensation solution for expanding businesses.
“Xactly has been instrumental in driving the growth of the incentive compensation and sale performance management market, and was an earlier pioneer in the SaaS market,” said Consul. “As finance leader, Xactly’s mission to promote accuracy and visibility in compensation resonates with me. I am looking forward to working with the market leader in such an important and high growth market.”
Prior to joining Xactly, Consul was CFO at LogLogic and Everdream, companies he helped guide through strategic financing processes that ended with acquisitions. Previously, Consul was the financial leader at Arcot Systems, where he supported a 60 percent growth rate while improving margins. Consul also managed the IPO and secondary offering processes while CFO at Tumbleweed Communications.
Consul earned his Master of Business Administration at the University of Southern California’s Marshall School of Business and his Bachelor of Science in Business Administration from San Jose State University.
- Tweet: New hire: @XactlyCorp welcomes Joe Consul as the #CFO http://ow.ly/bFfdw #job
About Xactly Corporation
Xactly Corporation is the market leader in on-demand sales compensation and sales performance management. The company’s SPM Suite of products enables sales and finance executives to design, implement, manage, audit and optimize sales compensation management programs easily and affordably. Xactly’s solutions automate the process of aggregating data from disparate systems into a secure, hosted repository and enable companies to leverage this business data, the lifeblood of sales performance management. Xactly helps companies improve operational performance, optimize sales effectiveness, proactively manage risk and compliance and maximize profits. The Xactly family of products is used by sales and finance executives, compensation analysts, sales operations and sales professionals across a variety of industries, ranging from SMBs to large enterprises. For more information, visit / or call 1-866-GO-XACTLY (469-2285).
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