PROS Holdings, Inc. Announces Appointment of Cynthia M. Johnson to Board of Directors
November 09 2023 - 8:45AM
Business Wire
PROS Holdings, Inc. (NYSE: PRO), a leading provider of
AI-powered SaaS pricing, CPQ, revenue management, and digital offer
marketing solutions, today announced the appointment of Cynthia M.
Johnson to its board of directors effective November 9, 2023.
Johnson joins the board as an independent director.
A seasoned sales leader with over 25 years of industry
experience, Johnson has served as Senior Vice President, Global
Solution Sales for ServiceNow (NYSE: NOW), a global, digital
workflow company, since 2021. At ServiceNow, Johnson leads the
global Solution Sales teams, a worldwide team of specialist sellers
that delivers workflow and platform solutions through the full
selling journey. Her team is responsible for building pipeline and
driving revenue growth by delivering innovative experiences,
accelerating digital transformation, and unlocking newfound
productivity. In this role, she has helped drive sales team
organizational alignment, established a winning culture through an
‘innovate everywhere’ mindset, and advanced new selling motions to
build velocity at scale.
Prior to ServiceNow, Johnson served in sales leadership roles
for Cisco (NASD: CSCO), including most recently as Vice President,
Cloud Infrastructure and Software Group from 2012 to 2021, where
she led sales for Cisco’s data center segment, including hardware,
software and SaaS.
“I am thrilled to welcome Cynthia to PROS board,” said PROS
Non-Executive Chairman of the Board Bill Russell. “As PROS
continues to scale our business, her leadership experience and
knowledge will be a great resource for us as we continue to work to
drive shareholder value. I look forward to working with her.”
“We are proud to welcome such an accomplished sales leader as
Cynthia to PROS board” said PROS President and CEO Andres Reiner.
“As the market increasingly embraces AI solutions, I look forward
to working with Cynthia to drive sales operational excellence and
scale our business.”
"I am honored to embark on this exciting journey with the PROS
Board to work together to drive growth and seize the extraordinary
opportunities ahead of the company. We are at an important
inflection point with the acceleration of AI-powered solutions, and
in an incredible position to help customers truly optimize insights
and enable smarter selling in the digital economy. I am eager to
extend my go-to-market knowledge and selling model expertise to
unlock new opportunities and advance the PROS mission,” said
Cynthia Johnson.
Russell Reynolds advised the company in the Board search
process.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of
AI-powered SaaS pricing, CPQ, revenue management, and digital offer
marketing solutions. Our vision is to optimize every shopping and
selling experience. With over 30 years of industry expertise and a
proven track record of success, PROS helps B2B and B2C companies
across the globe, in a variety of industries, including airlines,
manufacturing, distribution, and services, drive profitable growth.
The PROS Platform leverages AI to provide real-time predictive
insights that enable businesses to drive revenue and margin
improvements. To learn more about PROS and our innovative SaaS
solutions, please visit our website at www.pros.com.
Forward-looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements about our financial outlook;
expectations; ability to achieve future growth and profitability;
management's confidence and optimism; positioning; customer
successes; demand for our software solutions; pipeline; business
expansion; revenue; subscription revenue; ARR; non-GAAP earnings
(loss) per share; adjusted EBITDA; free cash flow; shares
outstanding and effective tax rate. The forward-looking statements
contained in this press release are based upon our historical
performance and our current plans, estimates and expectations and
are not a representation that such plans, estimates or expectations
will be achieved. Factors that could cause actual results to differ
materially from those described herein include, among others, risks
related to: (a) the macroeconomic environment, (b) the effects of
inflation, (c) the impact of the COVID-19 pandemic, (d)
cyberattacks, data breaches and breaches of security measures
within our products, systems and infrastructure or products,
systems and infrastructure of third parties upon whom we rely, (e)
increasing business from customers and maintaining subscription
renewal rates, (f) managing our growth and profit objectives
effectively, (g) disruptions from our third party data center,
software, data, and other unrelated service providers, (h)
implementing our solutions, (i) cloud operations, (j) intellectual
property and third-party software, (k) acquiring and integrating
businesses and/or technologies, (l) catastrophic events, (m)
operating globally, including economic and commercial disruptions,
(n) potential downturns in sales and lengthy sales cycles, (o)
software innovation, (p) competition, (q) market acceptance of our
software innovations, (r) maintaining our corporate culture, (s)
personnel risks including loss of any key employees and competition
for talent, (t) expanding and training our direct and indirect
sales force, (u) evolving data privacy, cyber security and data
localization laws, (v) our debt repayment obligations, (w) the
timing of revenue recognition and cash flow from operations, (x)
migrating customers to our latest cloud solutions, and (y)
returning to profitability. Additional information relating to the
risks and uncertainties affecting our business is contained in our
filings with the SEC. These forward-looking statements represent
our expectations as of the date hereof. Subsequent events may cause
these expectations to change, and PROS disclaims any obligations to
update or alter these forward-looking statements in the future,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20231109600334/en/
PROS Investor Relations Belinda Overdeput 713-335-5879
ir@pros.com
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