LogMeIn CFO Edward Herdiech Named Boston Business

BOSTON, May 21, 2018 (GLOBE NEWSWIRE) -- LogMeIn (Nasdaq: LOGM ) today announced that its Chief Financial Officer, Edward (Ed) Herdiech, is Boston Business Journal’s 2018 CFO of the Year award winner in the public company category for businesses with a market cap of more than $1 billion. Now in its tenth year, this prestigious award recognizes Boston-area CFOs who demonstrate extraordinary leadership, financial performance, and personal commitment to their businesses and their communities.

Over his decade-plus driving LogMeIn’s global financial strategy, Ed has played an integral role in the Company’s journey to becoming a leader in both the Boston tech scene and global software market, holding key positions before his promotion to CFO in 2015. Under his leadership, Ed and his team have helped grow LogMeIn from a startup with $11M in revenue, to becoming the largest public SaaS company in Boston, and one of the top 5 globally, with revenues over $1B in 2017. In addition, Ed has guided LogMeIn’s strategy through major company shifts, including its successful 2009 IPO, and its transformational $1.8B merger with Citrix’s GoTo product family in 2017.

“It’s an honor to be recognized by the Boston Business Journal with a CFO of the Year Award,” said Herdiech. “LogMeIn’s overall success and incredible topline growth of more than 500 percent over the past five years is attributable to our excellent team. I’d like to thank them for their hard work and dedication to making LogMeIn a leader in every market in which we compete.”

“Ed’s leadership and vision continue to be critical in guiding the company to its strong financial position in the market today,” said LogMeIn CEO Bill Wagner. “He is a collaborative, passionate, and transparent leader, and he has built a great team that is committed to the company and to the importance of creating sustainable value for our employees, customers, and shareholders.”

The Boston Business Journal will honor all honorees during an awards luncheon on Thursday, July 19 at the Seaport Hotel in Boston. The full list of 2018 honorees is available on the Boston Business Journal’s website .

About LogMeIn, Inc. LogMeIn, Inc. (Nasdaq: LOGM ) simplifies how people connect with each other and the world around them to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. One of the world’s top 10 public SaaS companies, and a market leader in communication & conferencing, identity & access, and customer engagement & support solutions, LogMeIn has millions of customers spanning virtually every country across the globe. LogMeIn is headquartered in Boston with additional locations in North America, Europe, Asia and Australia.

Media Contact: Toni Iafrate press@logmein.com +1-781- 897-0684