WALTHAM, Mass.--(BUSINESS WIRE)--First paragraph, second sentence of release should read: ...71 percent annual recurring revenue bookings growth over the previous quarter... (instead of ...71 percent annual recurring revenue growth over the previous quarter...)
The corrected release reads:
PEOPLEFLUENT APPOINTS FORMER SAP AND SUCCESSFACTORS EXECUTIVE JUAN ALBELO TO SENIOR VICE PRESIDENT OF SALES
20 Year Human Capital Management Veteran to Oversee Sales Strategy and Execution to Meet Growing Industry Demand for Company’s Mirror Suite
PeopleFluent®, a leading social human capital management technology company, today announced former SAP and SuccessFactors executive Juan Albelo has been appointed senior vice president of sales. Albelo joins PeopleFluent following a strong third quarter for the company that included 71 percent annual recurring revenue bookings growth over the previous quarter, 400 new customer wins and increased momentum around the company’s Mirror Suite and Recruiting, Performance and Compensation solutions.
As senior vice president of sales, Albelo is responsible for managing the company’s North American sales teams, including the more than 60 new hires in sales, account management and sales support the company has on-boarded in the last 10 months. Albelo will also bring his expertise in growing international markets to PeopleFluent, as the company looks to expand its presence in Latin America and EMEA, following a quarter in which the company grew its international bookings by more than 200 percent.
“PeopleFluent is coming off one of our most successful quarters to date,” said Jeff Carr, president and CEO, PeopleFluent. “By combining our already impressive momentum with Juan’s remarkable track record of sales success, we are well positioned for a dominant fourth quarter in 2014 along with tremendous growth in 2015 and beyond. Juan will be a strong asset to our leadership team as we continue to add new innovations such as predictive analytics across our Total Talent Management product suite. We look forward to an exciting period ahead with Juan on board.”
Albelo brings 20 years of sales experience in the human capital management space to PeopleFluent, having held previous roles at PeopleSoft, Oracle, SuccessFactors, SunGard and, most recently serving as Area Vice President of North American Human Capital Management (HCM) Sales at SAP AG, where he held a nine figure sales quota and led a 200-person team, having been promoted following two consecutive years of over 200 percent growth as AVP and GM of SAP’s Latin American HCM business. His technical expertise in HCM systems, extensive background in sales and marketing for both products and services and language proficiency in Spanish and Portuguese, will be well utilized and help play a pivotal role in PeopleFluent’s sales strategies across the company’s multiple award-winning product lines.
“I have spent my entire career in the HCM arena and am energized by both the innovative PeopleFluent suite of talent engagement products and the Company’s deeply committed and talented team. The marketplace is at an inflection point as it strives to help businesses manage and engage five generations with Total Talent solutions. Through years of continued and focused product investment, PeopleFluent is clearly in the right position to meet the important challenges and opportunities our customers face today in engaging talent and is poised to capitalize on this growing market opportunity,” concluded Albelo.
About PeopleFluent
PeopleFluent, the leading total workforce HCM technology company, redefines Talent Management with an innovative Talent Engagement Cloud that is built around people and not HR processes. By deeply integrating pervasive video, strategic analytics and collaborative social technologies into its complete suite of Talent Management applications, PeopleFluent redefines employee engagement to address productivity loss and diminished financial results due to an increasingly disengaged workforce. With PeopleFluent, companies can change at the speed of business without costly IT interventions through intuitive, highly configurable software that is built upon the right data. Spanning across an organization’s entire global workforce with one talent cloud, PeopleFluent equips leaders with the meaningful talent data and strategic analytics necessary to make better business decisions.
PeopleFluent has worked with over 5,100 organizations in 214 countries and territories to engage employees to drive better business results. Today, 80 percent of the Fortune 100 relies on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.
