Blancco unveils its latest appointment of new Chief Executive Officer
Eve Goode
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Blancco Technology Group has announced that Lou DiFruscio has been appointed as the new Chief Executive Officer.
Lou DiFruscio will be taking over from Matt Jones who will remain as an advisor to the company and its Board of Directors after he spent more than six years with the Company.
The new appointment
The new Chief Executive has more than three decades of experience driving growth across a number of software platforms and recently served as CRO at Invicti Security.
Prior to Invicti, he served in a number of sales roles at SmartBear Software, including as CRO and helped SmartBear to triple revenue to over $200 million through organic and inorganic initiatives.
“Extremely bright future”
Lou DiFruscio, Chief Executive Officer, Blancco said: “Blancco is the gold standard in secure data erasure and diagnostic software and I couldn’t be more thrilled to be joining this incredible team and embarking on this next chapter of growth alongside them.
“As customers of all sizes embrace the circular economy, I’m committed to furthering our mission to help them reduce risk, increase efficiencies and improve sustainability with market-leading products and services, while continuing to foster the core values that make Blancco an exceptional place to work for our global team.”
He concluded: “The Company has an extremely bright future, and I am humbled and eager to be a part of it.”
“Well-positioned”
Matt Jones, former Chief Executive Officer, Blancco stated: “I am proud of all the team has accomplished over the years and I am confident that Blancco is well-positioned to sustain its leadership position and continue to drive innovation.
“I feel honoured to have served as Blancco’s CEO and been part of the best team in the business. I look forward to seeing the Blancco team’s future successes as they continue their journey,” added Jones.
“Next phase of growth”
Mark Ties, Chairman, Board of Directors, Blancco commented: “We are excited to have the opportunity to partner with Lou in driving the Company’s next phase of growth.
“His experience in scaling high growth businesses will certainly be an asset to Blancco as the Company continues to execute on its growth strategy.”
He concluded: “On behalf of the full team, I want to thank Matt for his contributions to the Company over the past six years and his role in making Blancco the clear industry leader.”