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Authoria Appoints Stephen Lifshatz as CFO
Date: September 12 2007
Waltham, MA – September 12, 2007 – Authoria, Inc., the leader in integrated talent management solutions, today announced the appointment of industry veteran Stephen Lifshatz as its Chief Financial Officer. Lifshatz most recently served as Senior Vice President and CFO of Lionbridge Technologies, a $450-million publicly held software company.
Lifshatz will report directly to Authoria Chairman and CEO Tod Loofbourrow. He replaces Paul Pedevillano, who had served as Authoria’s interim CFO since October 2006.
“Steve is one of the strongest CFOs in the software business,” said Loofbourrow. “He joins Authoria at an important time, as we continue to extend our position as the recognized leader in integrated talent management. Steve’s proven talent in building market-leading organizations and creating battle-hardened, high-integrity financial operations will be vital as we move into our next phase of growth. We welcome the addition of such a high-caliber individual to our senior management team, and look forward to his contributions in building a leader.”
For the past ten years, Lifshatz played an active role in the tremendous growth of global technology and services provider Lionbridge Technologies, from securing VC funding through the company’s IPO and secondary offerings. Lifshatz built a worldwide finance organization and managed 12 acquisitions, provided operating metrics, led the company through SEC reporting changes such as Sarbanes-Oxley, and served as the company’s liaison with the investment community. Prior experience included service as Vice President and CFO for The Dodge Group, an international software company, and as Vice President and Controller for Marcam Corporation, from its inception as a $3-million startup to a $325-million publicly held software company.
“I’m excited by the opportunity to join the experienced, high-quality team at Authoria,” said Lifshatz. “It is clear that integrating talent-management processes is the only way to ensure a healthy workforce of the future. Authoria is ahead of competitors in the breadth and depth of its solutions, its focus on the end-user experience, and its experience in meeting the talent-management needs of the world’s most demanding employers. I welcome the chance to help our customers turn talent management into a defining competitive advantage, and to drive Authoria’s continued success.”
Authoria® helps the world’s most competitive employers achieve superior business results, by optimizing the way they recruit, develop, compensate, retain, and engage top talent. Designed for business managers as well as HR professionals, the company’s integrated talent management (ITM) solutions enable more effective recruiting, performance management, compensation management, and succession planning across an organization. Authoria serves more than 300 large organizations and 4 million managers and employees with our on-demand Internet-based solutions. Customer companies include Boeing, Pfizer, and Reuters. For more information, visit www.authoria.com.