Seeq Corporation Welcomes Ray Scheppach as CFO
Seeq Corporation, a leader in analytics, AI, and enterprise monitoring for industrial companies, has announced the appointment of Ray Scheppach as the new Chief Financial Officer (CFO). This crucial role will see Scheppach overseeing the company's global financial operations, including financial strategy, reporting, risk management, treasury, tax, and long-term business planning.
Commitment to Growth and Innovation
Dr. Lisa Graham, CEO at Seeq, expressed enthusiasm about Scheppach's joining, highlighting his vast experience in scaling Software as a Service (SaaS) businesses during periods of rapid growth. His expertise is seen as vital for driving the company's commitment to innovation and enhancing customer value.
A Seasoned Financial Leader
Scheppach brings over 25 years of financial leadership experience, particularly in the software and SaaS sectors. Before his appointment at Seeq, he was the CFO at iManage, where he contributed significantly to a leveraged buyout from Hewlett Packard and helped achieve remarkable revenue growth. His previous roles established a solid foundation in developing financial infrastructure capable of supporting enterprise-scale operations.
Vision for the Future
Scheppach remarked on the exciting inflection point that Seeq is currently experiencing, with a strong culture dedicated to its mission and a clear product-market fit. He is eager to collaborate with the Seeq team to foster sustainable growth and deliver lasting value to customers and stakeholders.
Building Strong Foundations
Holding a B.B.A. in finance from James Madison University and an M.B.A. in finance from the University of Pittsburgh, Scheppach is also a registered CPA. His background emphasizes corporate governance, financial discipline, and operational efficiency, which are essential for guiding Seeq as its processes scale.
Seeq's Role in Digital Transformation
Seeq empowers companies to embrace digital transformation with robust AI-enabled analytics that unlock the value of industrial data. The platform allows engineers, scientists, and executives in manufacturing sectors to analyze, predict, collaborate, and generate insights for enhanced production outcomes.
Serving Diverse Industries
The client base of Seeq spans various industries, including oil and gas, pharmaceuticals, chemicals, energy, and food production. With proprietary processes, Seeq is positioned to drive optimization across critical business operations, enhancing efficiency and sustainability.
A Global Network of Partners
Seeq operates worldwide through a vast partner network that encompasses system integrators providing essential training and sales support. This extensive outreach allows Seeq to maintain a robust presence in over 40 countries, complemented by direct sales teams strategically located in key regions.
Looking Ahead
With Scheppach's deep industry insights and strategic financial acumen, Seeq is poised to navigate its next growth phase successfully, ensuring it continues to meet the evolving needs of its customers and stakeholders.
Frequently Asked Questions
Who is the new CFO of Seeq Corporation?
Ray Scheppach has been appointed as the new Chief Financial Officer of Seeq Corporation.
What experience does Ray Scheppach bring to Seeq?
Scheppach brings more than 25 years of experience in financial leadership, particularly within the software and SaaS industries.
What are Seeq's primary operations?
Seeq specializes in AI-driven analytics and enterprise monitoring for industrial companies, focusing on turning unused data into actionable insights.
How does Seeq aid in digital transformation?
Seeq helps organizations harness industrial data through advanced analytics to improve production outcomes and drive business success.
Which industries benefit from Seeq's solutions?
Seeq serves a wide range of sectors, including oil and gas, pharmaceuticals, chemicals, energy, and many more, helping them optimize their operations.
