BURLINGTON, Mass.--(BUSINESS WIRE)--Jun. 18, 2019--
Everbridge,
Inc. (NASDAQ:EVBG), the global leader in critical event management and
enterprise safety software applications to help keep people safe and
businesses running, today announced the appointment of David Meredith as
Chief Executive Officer and member of the Everbridge Board of Directors,
effective July 15, 2019. Meredith brings over 25 years of executive
leadership experience across leading multi-billion-dollar cloud managed
services providers and software companies, having most recently served
as Chief Operating Officer at Rackspace. Meredith succeeds long-time CEO
Jaime Ellertson who is transitioning to the role of Executive Chairman
of the Everbridge Board.
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Everbridge CEO-Elect David Meredith (Photo: Business Wire)
“I am thrilled to welcome David as the new CEO of Everbridge,” said
Ellertson. “David has an extensive background scaling category-leading
software-as-a-service and infrastructure providers, demonstrating a
strong record of corporate growth, customer satisfaction and employee
engagement. Last June, we announced our intent to identify and retain an
executive who could lead our business through the next stage of growth
to $1 billion in annual revenue, and I am confident that David’s
experience and proven leadership skills make him the perfect choice for
this role.”
As COO of Rackspace, Meredith helped lead the transformation from
managed hosting to a multi-cloud ITaaS provider recognized as a Leader
by the 2019 Gartner Magic Quadrant for Worldwide Public Cloud
Infrastructure. Meredith served during a period of growth which included
the integration of the largest acquisition in the company’s history.
Prior to Rackspace, Meredith served as President of Global Data Center
Hosting at CenturyLink. In this role, he was responsible for P&L
oversight, sales, product management, marketing, operations, security,
service delivery and analytics for nearly 60 large data centers and
related operations across North America, Europe and Asia. Meredith
helped lead the successful carve out of the CenturyLink/Savvis global
data center hosting platform and roll-up of multiple SaaS managed
security and big data companies as part of a $2.8B private equity
transaction.
Commenting on his appointment, Meredith said, “I am excited to be
joining the Everbridge leadership team and to become part of the
Everbridge family that has built such a powerful platform for helping
businesses, governments and other organizations automate their
operational response to manage critical events. As a category leader,
Everbridge has established an enviable, mission-based business built on
a customer-first culture, helping government entities protect their
constituents and helping companies protect employees, safeguard assets,
and ensure business continuity through their global, unified Critical
Event Management platform.”
Meredith has led international technology-related businesses in roles
including CEO, president, and member of the board of directors. His
experience spans a range of industry verticals from venture-backed firms
such as NeuPals in China to business units of large public companies
such as Capital One, CGI and VeriSign.
As an industry thought leader, numerous media outlets and industry
organizations have recognized and quoted Meredith from BusinessWeek and
USA Today to The Uptime Institute and NPR’s Morning Edition. Meredith
also donates his time to community organizations such as the Tobin
Center for the Performing Arts, where he serves on its Board of
Directors, as well as the annual “Fill a Box and Feed a Family Holiday
Food Drive" in partnership with the San Antonio Food Bank.
Meredith earned his Master’s Degree from the University of Virginia
(UVA), where he previously served as Chairperson for the Management of
Information Technology Advisory Board. He graduated with honors from
James Madison University with a Bachelor of Business Administration in
Corporate Finance.
About Everbridge
Everbridge,
Inc. (NASDAQ:EVBG) is a global software company that provides enterprise
software applications that automate and accelerate organizations’
operational response to critical events in order to keep people safe and
businesses running. During public safety threats such as active shooter
situations, terrorist attacks or severe weather conditions, as well as
critical business events including IT outages, cyber-attacks or other
incidents such as product recalls or supply-chain interruptions, over
4,500 global customers rely on the company’s Critical Event Management
Platform to quickly and reliably aggregate and assess threat data,
locate people at risk and responders able to assist, automate the
execution of pre-defined communications processes through the secure
delivery to over 100 different communication devices, and track progress
on executing response plans. The company’s platform sent
over 2.8 billion messages in 2018 and offers the ability to reach over
500 million people in more than 200 countries and territories, including
the entire mobile populations on a country-wide scale in Australia,
Sweden, the Netherlands, the Bahamas, Singapore, Greece, and a number of
the largest states in India. The company’s critical communications and
enterprise safety applications include Mass Notification, Incident
Management, Safety Connection™, IT Alerting, Visual Command Center®,
Public Warning, Crisis Management, Community Engagement™ and Secure
Messaging. Everbridge serves 9 of the 10 largest U.S. cities, 9 of the
10 largest U.S.-based investment banks, all 25 of the 25 busiest North
American airports, six of the 10 largest global consulting firms, six of
the 10 largest global auto makers, all four of the largest global
accounting firms, four of the 10 largest U.S.-based health care
providers and four of the 10 largest U.S.-based health insurers.
Everbridge is based in Boston and Los Angeles with additional offices in
Lansing, San Francisco, Beijing, Bangalore, Kolkata, London, Munich,
Oslo, Stockholm and Tilburg. For more information, visit www.everbridge.com,
read the company blog,
and follow on Twitter
and Facebook.
Cautionary Language Concerning Forward-Looking Statements
This
press release contains “forward-looking statements” within the meaning
of the “safe harbor” provisions of the Private Securities Litigation
Reform Act of 1995, including but not limited to, statements regarding
the anticipated opportunity and trends for growth in our critical
communications and enterprise safety applications and our overall
business, our market opportunity, our expectations regarding sales of
our products, and our goal to maintain market leadership and extend the
markets in which we compete for customers. These forward-looking
statements are made as of the date of this press release and were based
on current expectations, estimates, forecasts and projections as well as
the beliefs and assumptions of management. Words such as “expect,”
“anticipate,” “should,” “believe,” “target,” “project,” “goals,”
“estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,”
variations of these terms or the negative of these terms and similar
expressions are intended to identify these forward-looking statements.
Forward-looking statements are subject to a number of risks and
uncertainties, many of which involve factors or circumstances that are
beyond our control. Our actual results could differ materially from
those stated or implied in forward-looking statements due to a number of
factors, including but not limited to: the ability of our products and
services to perform as intended and meet our customers’ expectations;
our ability to attract new customers and retain and increase sales to
existing customers; our ability to increase sales of our Mass
Notification application and/or ability to increase sales of our other
applications; developments in the market for targeted and contextually
relevant critical communications or the associated regulatory
environment; our estimates of market opportunity and forecasts of market
growth may prove to be inaccurate; we have not been profitable on a
consistent basis historically and may not achieve or maintain
profitability in the future; the lengthy and unpredictable sales cycles
for new customers; nature of our business exposes us to inherent
liability risks; our ability to attract, integrate and retain qualified
personnel; our ability to successfully integrate businesses and assets
that we may acquire; our ability to maintain successful relationships
with our channel partners and technology partners; our ability to manage
our growth effectively; our ability to respond to competitive pressures;
potential liability related to privacy and security of personally
identifiable information; our ability to protect our intellectual
property rights, and the other risks detailed in our risk factors
discussed in filings with the U.S. Securities and Exchange Commission
(“SEC”), including but not limited to our Annual Report on Form 10-K for
the year ended December 31, 2018 filed with the SEC on March 1, 2019.
The forward-looking statements included in this press release represent
our views as of the date of this press release. We undertake no
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise. These forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date of this
press release.
All Everbridge products are trademarks of Everbridge, Inc. in the USA
and other countries. All other product or company names mentioned are
the property of their respective owners.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190618005307/en/
Source: Everbridge, Inc.
Media:
Jeff Young
781-859-4116
jeff.young@everbridge.com
