With over 25 years of experience building and leading world class software and services companies. He currently sits on the Board of four companies and actively consults with many other technology companiesAs President and CEO of Watchfire from 2001 through its acquisition by IBM in July 2007, Peter was responsible for defining and directing Watchfire's worldwide strategic direction, software development, sales efforts, market development and expansion activities resulting in the growth of Watchfire SaaS revenues from $3 million to $40 Million. Peter remained at IBM as VP IBM Rational Software Group through July 2008.
Prior to Watchfire, Peter was the President of eCredit before it was sold to Internet Capital Group in January 2001, growing the business from $3 million in revenue to $21 million in annualized revenue with over $75 million in guaranteed (re-occurring) deferred revenue over three years via a world-wide direct and indirect channel strategy. Peter came to eCredit having held Senior Executive positions at Computer Associates and Parametric Technologies.
At Computer Associates, he was a Senior Vice President of Worldwide Indirect Sales responsible for over $500 million in revenue and a team of 350 people. Peter has extensive expertise in mergers and acquisitions, direct and indirect sales, marketing, intellectual property management, business development, finance and product development. Peter has also served on the Board of Directors at Spotfire for two years until it was sold to Tibco in June 2007 for $195 million. He is currently an investor in and on the Board of Directors of several venture backed companies and numerous business and professional organizations within the technology industry. He holds a BA in Accounting and Finance from Northeastern University.
Results-oriented, decisive leader with proven success in new market identifications and strategic market positioning for multimillion-dollar technology organization has track record of increasing sales and growing bottom line while spearheading operational improvements to drive productivity and reduce costs.