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ProcessUnity Appoints Sean Cronin, Richard Wastcoat to Board of Directors
[September 07, 2017]

ProcessUnity Appoints Sean Cronin, Richard Wastcoat to Board of Directors


CONCORD, Mass., Sept. 07, 2017 (GLOBE NEWSWIRE) -- ProcessUnity, a leading provider of cloud-based solutions for risk management, today announced that Sean Cronin and Richard Wastcoat have joined the company’s Board of Directors.

Sean Cronin serves as ProcessUnity’s President and leads the company’s product, engineering, sales, marketing, and customer success teams. Under Sean’s leadership, ProcessUnity has achieved tremendous revenue growth, outstanding customer satisfaction and retention, and broad industry recognition. Prior to joining ProcessUnity, Sean was global vice president of client operations and pre-sales for the Risk Segment at Thomson Reuters Corporation. Previously, he was the Senior Director of Governance, Risk and Compliance within the Application Strategy Group at Oracle. Sean joined Oracle through the acquisition of Stellent, a global provider of content management solutions, where he led sales efforts for the compliance applications. Prior to Stellent, he led pre-sales operations at OpenPages, an early vendor in the GRC space. Sean graduated from the United States Naval Academy, served as an officer in the US Navy for seven years, and earned his MBA from the University of Rhode Island.

Richard Wastcoat joins the ProcessUnity Board with more than 25 years of international business and financial services industry experience. Richard joined Fidelity Investments in Dallas, Texas in 1983 before relocating to London and then Hong Kong with Fidelity International Limited. He helped launch Fidelity`s Sout East Asia business before returning to London as Chief Executive of Fidelity Investment Services with additional responsibilities for Fidelity in Spain, the Nordic Region, the Middle East and Africa, and India. Since retiring from Fidelity in 2008, Richard continues to serve the business community in a variety of roles and is currently an independent, Non-Executive Director at First State Investments, a board member of Marstone, Inc., and a board member of the Chartered Institute of Securities and Investment. He is a graduate of Lehigh University and resides in London.

“We are excited to add two exceptional leaders to our Board of Directors,” said Todd Stone, Chairman and CEO of ProcessUnity. “Their wealth of experience from both a strategic and operational standpoint will help us to ensure customer success and scale the business during a period of extraordinary growth.”

For more information on ProcessUnity’s cloud-based risk management solutions, visit www.processunity.com.


About ProcessUnity

ProcessUnity is a leading provider of cloud-based applications for risk management and service delivery management. The company’s software as a service (SaaS) platform gives organizations the control to assess, measure, and mitigate risk and to ensure the optimal performance of key business processes.  For public companies and regulated industries, ProcessUnity Risk Suite delivers effective governance and control, vendor risk mitigation, and regulatory compliance. For benefit plan administrators and other financial service firms, ProcessUnity Offer Management controls complex product offerings and strengthens client service experience. ProcessUnity is used by the world’s leading financial service firms and commercial enterprises. The company is headquartered outside Boston, Massachusetts. For more information, visit www.processunity.com.

For additional information on ProcessUnity, contact:

Rosalind Morville
ProcessUnity, Inc.
978.513.8436
rosalind.morville@processunity.com

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