PeopleAdmin News

Talent management market leader appoints new executive to drive next phase of growth and expand offerings

Austin, TX―Nov. 10, 2014―PeopleAdmin Inc., leading provider of cloud-based talent management software and services, today announced that Kermit Randa will join the company as its new chief executive officer. Randa has experience leading SaaS-based companies through periods of transformation, and he is joining the company at a time of anticipated growth and expansion.

“It is an honor to have been asked to lead such a dynamic company with incredible potential,” Randa said. “PeopleAdmin has an amazing opportunity to innovate its solutions and improve the way customers and the broader marketplace manages talent. Building on past success and with the significant investments made, PeopleAdmin is poised to help build better organizations for a better future.”

Randa began his management career at EMC, where he launched and managed the highest performing business vertical in the company. His extensive executive experience includes serving as chief operating officer at Surgical Information Systems and executive vice president at Greenway Health, among other roles. Randa completed his master’s degree at Xavier University, and he is a graduate of Harvard Business School’s Advanced Management Program.

Former CEO Susanne Bowen will remain with PeopleAdmin as executive chairman to assist during the transition.

“PeopleAdmin is poised for incredible growth,” Bowen said. “Kermit has walked this path before and I have full confidence that he will take PeopleAdmin to new heights.”

PeopleAdmin provides solutions and services that help universities and other institutions hire, develop and retain top talent. The company is owned by Vista Equity Partners, a private equity firm that invests in dynamic, technology-enabled businesses.

“Kermit has deep experience working with leading software companies, and an inspiring leadership style that will make him an outstanding CEO for PeopleAdmin,” said Patrick Severson, principal at Vista Equity Partners. “Kermit has proven to be an exceptional leader at other Vista portfolio companies, and we believe his skills coupled with the strong value proposition of PeopleAdmin’s solutions will be a perfect combination to execute the next phase of the company’s growth plan.”

About PeopleAdmin
PeopleAdmin is the leading provider of cloud-based talent management solutions for higher education and government. PeopleAdmin’s software enables its clients to streamline the hiring process; onboard new employees; efficiently manage positions and employee performance; develop compliant, defensible audit trails; and utilize industry-leading reporting and metrics. Their integrated talent management suite, SelectSuite®, includes applicant tracking, faculty search committee management, position management, onboarding and performance management. PeopleAdmin solutions are rapidly deployed, easy-to-use and supported through a world-class customer service organization.

About Vista Equity Partners
Vista Equity Partners, a U.S.-based private equity firm with offices in Austin, Chicago and San Francisco, with more than $14 billion in cumulative capital commitments, currently invests in dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit www.vistaequitypartners.com.

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