Anaplan Appoints Chief Financial Officer to Oversee Record Financial Growth Across The Globe
Alan Priest Brings 15 Years of Corporate Finance Experience to Anaplan, a Rapidly-Growing Cloud Analytics Vendor
SAN FRANCISCO, CA – December 20, 2012 – Anaplan has hired Alan Priest as CFO to direct the company’s ambitious growth plans. Priest has worked in high-tech firms for more than 20 years, with 15 in corporate finance, where most recently he was Vice President of Finance at LiveOps. While at LiveOps, Priest was instrumental in guiding the company from $30 million to over $120 million in revenue. Priest’s experience in high-growth companies will serve Anaplan well, as they are experiencing industry-leading growth rates in 2012.
“Alan is a critical addition to our management team,” said Frederic Laluyaux, President and CEO at Anaplan. “His experience guiding fast-growing, high-tech firms into successful enterprises will be instrumental as we expand our customer base, break into new markets, and continue to scale and fund the business. Alan is also an expert in collaborative financial modeling and will be an enthusiastic advocate in the finance community for our software.”
With 10 years of experience as a user of performance management software, Priest immediately saw the impact Anaplan could have in the marketplace. “Joining Anaplan is a fantastic opportunity to help a rapidly growing company with a revolutionary product,” said Priest. “Having used other CPM tools for the past ten years, I was amazed at how easy it is to implement and modify Anaplan. By removing the layers of complexity found in other tools, this product is changing how enterprises model and plan their businesses. It empowers users to manage their own models and get immediate answers to critical business questions.”
Priest has run finance, strategy, and operations for multiple cloud and communications companies. Before LiveOps, he held corporate planning, M&A, and investor relations roles at Covad Communications, NorthPoint Communications, RouteScience Technologies, and SBC Internet Services. He guided these companies through contract and vendor negotiations, raised more than $50 million in equity and debt financing, and completed international joint venture transactions totaling over $125 million. He has a master’s degree in business administration from Harvard University.
Anaplan provides cloud-based planning and performance management solutions for operations and finance. Anaplan enables organizations to intuitively model their businesses, derive insights, collaborate for better decisions, align operations, execute processes, and drive performance all within a single platform. Whether objectives are to reduce expenses, improve margins, accelerate growth, or other, results are immediate and impactful. Anaplan is funded by Granite Ventures and Shasta Ventures and was awarded Gartner Cool Vendor Award in 2012 and Ventana Research Technology Operational Innovation Award for Sales Management in 2012.