CIMdata PLM Industry Summary Online Archive

24 September 2007

Company News

Tribold Accelerates Growth With New CEO Appointment

Tribold announces the arrival of new CEO, John Rainger, as it accelerates growth of its operation in support of the increasing demand from Communication Service Providers (CSPs) for effective product management.

He brings extensive knowledge of the telecoms industry to Tribold, and his appointment will lead the company forward in its next phase of development.

Rainger joins from Openet Telecom, where he led the company to considerable success over the last four years, overseeing ten times revenue growth since 2002, and securing major customer wins with the likes of BT, Orange, Verizon, Cingular and Telstra. Previously Rainger was COO of the Software Products Group at Lucent, which included the Kenan billing system and held a number of executive posts at HP. As the product management market rapidly matures, Rainger's experience in working with major telecoms operators will be invaluable.

Rainger's appointment complements the Tribold leadership team. Co-founder Simon Muderack, becomes COO, with a focus on business development, marketing and alliances, and Catherine Michel, Tribold's other co-founder remains as CTO.

"The Product Lifecycle Management arena is the final frontier for the Telecoms industry, and very few companies have been able to provide an effective solution in this area. Tribold has consistently punched above its weight and has formed industry based partnerships with Accenture, Capgemini, Convergys and Microsoft - and I aim to build on these as Tribold looks to the future."

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