Alfresco Aims for IPO, Replaces CEO Powell with Valley Vet Dennerline, Sees Future in Cloud

in CMSWire

It’s been in the air for a while, but it looks like now its set in stone. Open source document management vendor Alfresco is going for an IPO in the US and has appointed a new CEO — former SuccessFactors boss Doug Dennerline to replace Alfresco founder and current CEO, John Powell, who will help the new CEO transition the company and then take a seat on the board in some kind of operational capacity.

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