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Xactly Appoints New CFO to Accelerate Strong MomentumXactly, a leading provider of cloud-based incentive solutions, has appointed proven finance leader Elizabeth Salomon as its new chief financial officer (CFO). Salomon brings significant experience overseeing the finance operations of fast-growing companies, including CFO roles at several software and data companies. She will be responsible for overseeing Xactly's (News - Alert) finance, accounting, facilities and legal functions. "I couldn't be more excited to welcome Elizabeth to the team," said Christopher W. Cabrera, founder and CEO of Xactly. "Elizabeth's extensive experience leading both large and emerging businesses will make her an invaluable addition as we continue to grow and innovate at a record pace." Xactly's award-winning sales performance management (SPM) solutions and powerful analytics capabilities enable companies of all sizes to design and manage incentive compensation programs that improve operational efficiency, optimize selling behavior and motivate and retain key sellers. Xactly also offers the industry's only empirical incentive compensation big data set combined with prescriptive analytics, Xactly Insights™, empowering customers to execute more intelligent, impactful compensation programs. Most recently, Salomon was CFO at technology and IT service management leader Cherwell Software (News - Alert), where she was responsible for managing finance, accounting, and facilities. She also served as CFO for data and analytics company Marshall & Swift (News - Alert)/Boeckh, and its holding company, Decision Insight Information Group. Prior, Salomon held the CFO position at Ontario Systems, a software company serving the accounts receivable management industry and served in senior finance positions at ChoicePoint (now LexisNexis (News - Alert)) and Bank of America. "Xactly pioneered the SPM space and continues to set the bar for the market," said Salomon. "With regulations such as ASC (News - Alert) 606 and IFRS 15 coming online, there has never been a more important time for powerful, intelligent compensation management solutions. Xactly is well-positioned to help companies of all sizes tackle these challenges and I look forward to working with them as we continue to redefine the market and what's possible for customers." Salomon earned her Bachelor of Science in Business in Accounting from the University of Florida. About Xactly Headquartered in San Jose, California, Xactly is a leading provider of enterprise-class, cloud-based, incentive compensation solutions for employee and sales performance management. Xactly addresses a critical business need to incentivize employees and align their behaviors with company goals. Our products allow organizations to make more strategic decisions, increase employee performance, improve margins, and mitigate risk. Our core values are key to our success, and each day we're committed to upholding them by delivering the best we can to our customers. To learn more about Xactly and the latest issues and trends in SPM software, follow us on Twitter, Facebook, and subscribe to the Xactly blog.
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