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ObserveIT Expands Executive Team with CFO Peter Biro

  ObserveIT Expands Executive Team with CFO Peter Biro   Entrepreneur and Business Development Expert will Head Finance at ObserveIT                                  Headquarters  Business Wire  BOSTON -- May 29, 2014  ObserveIT, a leader in privileged user activity monitoring, has appointed Peter Biro to head the company’s finance team as Chief Financial Officer. He works in the company’s new Boston headquarters.  Peter Biro, ObserveIT CFO (Photo: Business Wire)  Peter Biro, ObserveIT CFO (Photo: Business Wire)  Mr. Biro joins ObserveIT from Restaurant Sciences (acquired by GuestMetrics LLC), where he served as vice president of business and corporate development and led the company’s efforts in channel partnerships, strategic alliances and product strategy.  “Peter’s proven ability to keep companies financially sound during high growth periods is an excellent skill set and one we are excited to add to our executive team,” said Paul Brady, ObserveIT’s CEO. “His diverse background and expertise made him the right choice for our company.”  Prior to Restaurant Sciences, Mr. Biro served as an entrepreneur-in-residence at General Catalyst Partners, and as chief operating officer of publicly-traded online marketing company Lyris Inc. (NASDAQ: LYRI). He also founded The Cowper Group, a management consultancy focused on mergers and acquisitions in IT infrastructure and service companies. He began his career in information technology on Wall Street.  Mr. Biro is an active entrepreneur and investor, and has backed and co-founded one of the largest franchise groups nationally for Five Guys Burgers and Fries. He holds an MBA from Stanford University and a BS in Electrical Engineering from Duke University. Mr. Biro is a frequent speaker and lecturer in the entrepreneurship division at Babson College, and is active in several Boston-area nonprofit companies.  “I’m delighted to join the high-caliber team at ObserveIT and to play my part in ensuring the growth of the company’s important security technologies,” said Mr. Biro.  Mr. Biro and his family reside in Wellesley, Massachusetts.  About ObserveIT  ObserveIT, a leader in privileged user activity monitoring, allows companies to leverage the benefits of cloud based and increasingly open IT environments without sacrificing the security of a company’s most important asset, their data. By auditing, monitoring and recording privileged user activity, ObserveIT dramatically reduces the cost and time required for compliance and enables companies to monitor third-party vendor relationships. ObserveIT provides real-time and historical, context-aware video monitoring of privileged user activity for physical, virtual and cloud based servers and is currently in use in more than 1,000 corporations in 70+ countries. For more information on the company, visit www.ObserveIT.comor find us on Twitter@ObserveIT.  Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140529005310/en/  Multimedia Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50875063&lang=en  Contact:  Rainier Communications Lea Tzimoulis, 508-475-0025 x117 ObserveIT@RainierCo.com  
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