Steven R. Springsteel was appointed president and chief executive officer of Chordiant Software, Inc. (Nasdaq: CHRD) effective February 1, 2006. Mr. Springsteel was elected Chairman of the Board of Directors in November, 2006. Mr. Springsteel brings more than 20 years of experience in operational and financial management to his position. His accomplishments include the management of two successful IPO's and multiple mergers and acquisitions. Mr. Springsteel also has extensive experience in raising equity and debt funding in the public and private marketplaces, as well as formulating and implementing complex business strategies. He has a demonstrated record of recruiting and building strong organizations.
His most recent experience was at Verity (Nasdaq: VRTY), where he served as president and chief financial officer. At Verity, he grew a profitable business through five acquisitions and ultimately guided the sale of the company.
Mr. Springsteel's background includes serving from 1996 to 2000 as executive vice president and chief financial officer of Chordiant Software through its initial public offering in February 2000. He has been a member of Chordiant's Board of Directors since 2004 and has chaired both its Audit and Compensation Committees during his tenure as an independent board member.
Mr. Springsteel has been a member of the board of directors of three public companies and has headed both audit and compensation committees of those public company boards. Mr Springsteel currently sits on the board of privately held Zend Technologies and is on the Board of Trustees of the California State Parks Foundation.
In 2008, he was awarded the prestigious Ernst and Young Entrepreneur of the Year Award for Software in Northern California.
Mr. Springsteel holds a bachelor's degree in business administration from Cleveland State University.