Alfresco Appoints New CEO To Lead It Towards NASDAQ Listing

in TechWeekEurope

Alfresco, widely considered to be the world’s second most successful open source company after Red Hat, has appointed a new CEO, Doug Dennerline, to replace co-founder John Powell and lead it towards the long-rumoured Initial Public Offering (IPO).

Dennerline is the former president of SuccessFactors, a cloud-based human resource management company that merged with SAP last year in a $3.4 billion deal. A Silicon Valley veteran with over 25 years of experience, he has previously held positions at Salesforce, Cisco, Skype, 3Com and HP. “He has certainly got the expertise we are looking for”, told TechWeekEurope co-founder and CTO of Alfresco John Newton.

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