LogMeIn CFO Edward Herdiech Named Boston Business Journal 2018 CFO of the Year Honoree
May 21 2018 - 9:00AM
LogMeIn (Nasdaq:LOGM) today announced that its Chief Financial
Officer, Edward (Ed) Herdiech, is Boston Business Journal’s 2018
CFO of the Year award winner in the public company category for
businesses with a market cap of more than $1 billion. Now in its
tenth year, this prestigious award recognizes Boston-area CFOs who
demonstrate extraordinary leadership, financial performance, and
personal commitment to their businesses and their communities.
Over his decade-plus driving LogMeIn’s global
financial strategy, Ed has played an integral role in the Company’s
journey to becoming a leader in both the Boston tech scene and
global software market, holding key positions before his promotion
to CFO in 2015. Under his leadership, Ed and his team have helped
grow LogMeIn from a startup with $11M in revenue, to becoming the
largest public SaaS company in Boston, and one of the top 5
globally, with revenues over $1B in 2017. In addition, Ed has
guided LogMeIn’s strategy through major company shifts, including
its successful 2009 IPO, and its transformational $1.8B merger with
Citrix’s GoTo product family in 2017.
“It’s an honor to be recognized by the Boston
Business Journal with a CFO of the Year Award,” said Herdiech.
“LogMeIn’s overall success and incredible topline growth of more
than 500 percent over the past five years is attributable to our
excellent team. I’d like to thank them for their hard work and
dedication to making LogMeIn a leader in every market in which we
compete.”
“Ed’s leadership and vision continue to be critical
in guiding the company to its strong financial position in the
market today,” said LogMeIn CEO Bill Wagner. “He is a
collaborative, passionate, and transparent leader, and he has built
a great team that is committed to the company and to the importance
of creating sustainable value for our employees, customers, and
shareholders.”
The Boston Business Journal will honor all honorees
during an awards luncheon on Thursday, July 19 at the Seaport Hotel
in Boston. The full list of 2018 honorees is available on the
Boston Business Journal’s website.
About LogMeIn, Inc. LogMeIn,
Inc. (Nasdaq:LOGM) simplifies how people connect with each
other and the world around them to drive meaningful interactions,
deepen relationships, and create better outcomes for individuals
and businesses. One of the world’s top 10 public SaaS companies,
and a market leader in communication & conferencing, identity
& access, and customer engagement & support
solutions, LogMeIn has millions of customers spanning
virtually every country across the globe. LogMeIn is
headquartered in Boston with additional locations
in North
America, Europe, Asia and Australia.
Media Contact:Toni Iafratepress@logmein.com+1-781-
897-0684
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