PROS Holdings, Inc. Announces Appointment of Jennifer Biry to Board of Directors
August 26 2024 - 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 Jennifer
Biry to its Board of Directors effective August 26, 2024. Biry
joins the Board as an independent director.
A seasoned leader with over 25 years of accounting, finance and
operational experience, Biry serves as Chief Financial and
Operating Officer for McAfee, a global leader in online protection
for consumers. Biry joined McAfee in 2022 and leads the global
finance, strategy, M&A, IT, security, sales, customer service
and procurement operations, responsible for overseeing over $2B in
annual revenue. Prior to McAfee, Biry served as Chief Financial
Officer for WarnerMedia from 2020-2022, and previously in various
leadership roles with AT&T Communications, including Sr. Vice
President and Chief Financial Officer of AT&T Communications
Consumer segment.
“I am thrilled to welcome Jennifer to PROS Board,” said PROS
Non-Executive Chairman of the Board Bill Russell. “As PROS
increases in scale, her leadership, finance and operational
experience will be a great resource for us as we continue to create
greater long-term value for our shareholders.”
“We are proud to welcome such a distinguished leader to the PROS
Board,” said PROS President and CEO Andres Reiner. “Jennifer’s
extensive operational expertise makes her an invaluable partner as
we scale our business and seize the incredible market opportunity
in front of us as companies continue to embrace AI to drive
impactful business outcomes.”
“I am truly honored to join the PROS Board of Directors at a
time where businesses around the world are increasingly embracing
AI solutions,” said Biry. “I look forward to working with the team
and sharing my experience and knowledge to help the company further
drive success and create shareholder value.”
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 nearly 40 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 outlook; expectations; ability
to achieve future growth and profitability goals; management's
confidence and optimism; and positioning. 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) 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, (b) the
macroeconomic environment and geopolitical uncertainty and events,
(c) increasing business from customers, maintaining subscription
renewal rates and capturing customer IT spend, (d) managing our
growth and profit objectives effectively, (e) disruptions from our
third party data center, software, data, and other unrelated
service providers, (f) implementing our solutions, (g) cloud
operations, (h) intellectual property and third-party software, (i)
acquiring and integrating businesses and/or technologies, (j)
catastrophic events, (k) operating globally, including economic and
commercial disruptions, (l) potential downturns in sales and
lengthy sales cycles, (m) software innovation, (n) competition, (o)
market acceptance of our software innovations, (p) maintaining our
corporate culture, (q) personnel risks including loss of any key
employees and competition for talent, (r) expanding and training
our direct and indirect sales force, (s) evolving data privacy,
cyber security, data localization and AI laws, (t) our debt
repayment obligations, (u) the timing of revenue recognition and
cash flow from operations, and (v) 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/20240826365501/en/
PROS Investor Relations Belinda Overdeput 713-335-5879
ir@pros.com
PROS Media Contact Amy Williams awilliams@pros.com
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