ServiceSource Appoints Cloud Computing Veteran Richard Campione to
Board of Directors
SAN FRANCISCO, CA -- (Marketwire) -- 12/05/12 -- ServiceSource(R)
(NASDAQ: SREV), the global leader in recurring revenue management,
today announced that Richard Campione has joined its board of
directors, effective November 29, 2012. A 30-year technology industry
veteran, Campione has held senior executive titles at C3, Oracle, SAP
and Siebel Systems and is widely regarded as one of the world's
foremost authorities on cloud computing.
Campione complements the ServiceSource board with strong technical
and business experience earned in senior executive positions managing
SaaS engineering, operations, marketing and sales organizations for
Fortune 500, mid-sized and start-up technology companies. He
currently sits on the board of directors for Biome Analytics and
Winshuttle and has previously sat on the board for Crossgate and
InspecTech. He holds a master's degree in computer science and
electrical engineering from Massachusetts Institute of Technology and
specializes in helping companies use software to drive better
"Richard is a pioneer of cloud computing and an ideal addition to our
board. His proven skill in helping companies embrace SaaS business
models is a perfect fit with our mission to use the cloud as a
platform to replace antiquated systems and processes with a
purpose-built solution," said Mike Smerklo, Chairman of the Board and
CEO, ServiceSource. "He will bring unique value as we build market
momentum for Renew OnDemand, our new cloud service to help companies
maximize recurring revenue."
"Recurring revenue offers high profit and high margin, and is the
lifeblood of any business," said Campione. "But too many companies
still manage renewals with simple spreadsheets because today's CRM
and ERP systems are engineered for new product sales. ServiceSource
has a unique position in the market. Its combination of purpose-built
cloud technology and performance-based business model is squarely
focused on maximizing the value of recurring revenue."
ServiceSource is the global leader in recurring revenue management.
The world's most successful companies rely on us to maximize
subscription, maintenance and support revenue, improve customer
retention and increase business predictability and insight.
ServiceSource delivers results with Renew OnDemand, the world's only
cloud application built specifically to manage and grow recurring
revenue, which can be combined with our industry-leading services and
unique pay-for-performance model.
With over a decade of experience focused exclusively in growing
recurring revenue, our services and applications are based on proven
best practices and global benchmarks. The company is headquartered in
San Francisco, and has over $7 billion under management for customers
in more than 150 countries and 40 languages.
ServiceSource, Renew OnDemand and any ServiceSource product or
service names or logos above are trademarks of ServiceSource
International, Inc. All other trademarks used herein belong to their
For more information on ServiceSource, visit
http://www.servicesource.com. To connect with ServiceSource, visit us
on Twitter, Facebook, LinkedIn and YouTube.
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