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Press Releases: SumTotal Systems Announces New Executive Team MOUNTAIN VIEW, Calif.--(April 16, 2010)--SumTotal Systems, Inc., a market leader and a global provider of talent development solutions, today announced that John Borgerding is joining the company as President and board member, effective immediately. In his role as president, Borgerding will be responsible for leading the company and all of its operations with the mission of advancing SumTotal's integrated talent development strategy, while continuing to build best-in-class solutions around learning management, performance management and compensation. "John is a proven executive that I've personally had the pleasure of working with over the past several years at Ventyx" SumTotal also announced the appointment of executive team members Gregg Monastiero and Nadeem Syed. Monastiero joins the company in the role of Senior Vice President of Sales and Marketing and will be responsible for managing all of SumTotal's customer and partner relationships as well as the company's marketing initiatives. Syed joined the company earlier this year as Senior Vice President of Product Management and Development and is responsible for overseeing the worldwide engineering organization as well as the company's product strategy. Prior to joining SumTotal, Borgerding served as Executive Vice President for Global Operations at Ventyx, the leading provider of software and data solutions to the utility industry. In this capacity he was responsible for development, implementation, support and consulting for all Ventyx solutions globally. Additionally, Borgerding was also responsible for the Advisory solutions and consulting practices, and the Intelligence software products at Ventyx. Prior to this role, he served as Vice President of International Sales at Ventyx. Before joining Ventyx, Borgerding held several positions in sales, marketing and product management with Xerox. Gregg Monastiero joins SumTotal from JDA Software where he was Vice President of Sales for Manufacturing, Wholesale and Distribution. With more than 25 years of proven leadership experience, Monastiero brings a core understanding of enterprise software sales, consulting, and solution development to SumTotal. Prior to JDA, Monastiero was the Senior Vice President of Sales for Torex, one of the world's leading integrated supply chain providers of retail systems. Monastiero has also held key sales positions at Infor including Senior Vice President & President for Strategic Solutions. Nadeem Syed comes to SumTotal from Oracle where he spent over 19 years in numerous positions. Most recently, Syed was Group Vice President of Products with the responsibility of leading a large, multicultural, and globally distributed team. While with Oracle, Syed significantly evolved the Supply Chain Management suite to the position of the second largest Supply Chain solutions provider. In addition, Syed has held pivotal positions on the acquisition and integration executive team for several key acquisitions. "SumTotal has best in class products and services and exceptionally talented employees. I'm excited to join the team and contribute to helping the company reach its full potential as the leader in delivering talent development solutions and helping our customers develop and retain their most important assets, their people," said Borgerding. "I'm also excited to have the opportunity to work with both Gregg and Nadeem, two seasoned industry leaders with top notch experience." "John is a proven executive that I've personally had the pleasure of working with over the past several years at Ventyx," said Martin Taylor, Operating Principal of Vista Equity Partners and SumTotal board member. "We are excited about the opportunity to work with John and the new management team to create a sustainable business that delivers the most value for SumTotal's customers." About SumTotal Systems, Inc. SumTotal Systems, Inc. is a leading provider of proven talent development solutions that automate and integrate learning, performance, and compensation management to drive business results on a daily basis. Our solutions strengthen and develop employee skills to accelerate time-to-market, close skill gaps, and reduce the risk of business disruptions. With more than 1,500 customers and 18 million users worldwide, we have increased the performance at some of the world's best-known companies, organizations and government agencies. Our category leadership and applied insight help us understand the critical success factors for businesses of all sizes. For more information, visit www.sumtotalsystems.com. SumTotal and the SumTotal logo are registered trademarks or trademarks of SumTotal Systems, Inc. and/or its affiliates in the United States and/or other countries. Other names may be trademarks of their respective owners. Contacts SumTotal Systems, Inc. Lisa Morway, 650-930-4829 lmorway@sumtotalsystems.com # # # Daily Newsletters and Professional Toolboxes: Bugler A concise view of the industry events and announcements that shape the competitive environment. Updated daily. Electronic Recruiting News A single article that covers tips, trends and analysis of players, events and occurrences in the Recruiting Industry. Updated daily.
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