[September 30, 2016] |
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SciQuest, Inc. Announces Supply Chain and Technology Veteran Robert Bonavito as New CEO
Robert Bonavito, a 30-year technology, procurement and supply chain
veteran has joined SciQuest,
Inc. as its new CEO. SciQuest provides the most complete, holistic,
cloud-based suite of spend management and procurement solutions
currently available.
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http://www.businesswire.com/news/home/20160930005494/en/
SciQuest CEO Robert Bonavito
(Photo: Business Wire)
SciQuest currently has over 550 customers and 500,000 suppliers on their
platform. Its customers include Sunoco, Kimberly-Clark, Toshiba (News - Alert), the
United States Air Force, Starbucks and many other major corporations,
universities and government agencies.
"SciQuest is the proven procurement solutions leader within the higher
education, life sciences and government spaces. We are road-mapping the
company's growth to realize the same level of success withi new
markets, while further expanding existing ones. We'll be adding to our
suite of solutions and aggressively pursuing the commercial, food and
beverage and manufacturing sectors. This is a fantastic opportunity to
take the dominant market player to the next level," says Robert Bonavito.
"Our team built a great business and Robert Bonavito is the right person
to continue our forward growth and momentum," says Stephen Wiehe, who
has stepped down as CEO.
Mr. Bonavito was most recently the Chairman of On Center Software. He
has held executive roles in Fortune 500 Companies and helmed one of the
most successful companies within the supply chain space. He founded and
was the CEO of iTradeNetwork, a SaaS (News - Alert)-based global provider of supply
chain management solutions serving over 10,000 companies, with over $220
billion in annual commerce.
SciQuest was acquired by Accel-KKR, a leading technology-focused private
equity firm, in July 2016.
About SciQuest
SciQuest is a leading provider of spend management solutions delivering
value beyond savings. Through the continued release of key innovative
technology and a drive toward making our customers successful, we
deliver exceptional value in user experience, productivity and
operational efficiency. Our cloud-based, mobile-enabled,
source-to-settle platform addresses all stages of procurement from the
automation of core processes to enabling sophisticated, strategic and
multifaceted sourcing solutions. We specialize in handling simple
procurement needs to the most advanced supplier and supply chain
requirements. SciQuest serves a wide range of industries and
organizations including many of the Global Fortune 500. For more
information visit http://www.sciquest.com.
To join the conversation, please visit our blog at http://www.sciquest.com/blog
or follow us on Twitter (News - Alert) @SciQuest.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160930005494/en/
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