Chordiant Adds New Worldwide Sales Vice President, Responds to Global Customer Growth
IBM, Symantec Veteran David Cunningham Joins Chordiant Management Team, Brings Over 25 Years of Global Sales Success and Leadership
CUPERTINO, CA – November 5, 2007—Chordiant Software, Inc. (Nasdaq: CHRD), the leading provider of Customer Experience (Cx™) software and services, today announced that David Cunningham has joined the Chordiant executive team as Vice President, Worldwide Sales. In this newly created role, David will be responsible for the development and execution of Chordiant’s aggressive expansion into additional global markets, while increasing the company’s existing customer successes in both North America and Europe.
“We are extremely pleased to have David join the Chordiant team,” said Steven R. Springsteel, chairman, president and CEO of Chordiant Software. “David’s extensive experience in successfully leading global enterprise sales for companies like IBM and Symantec, and his background working with leading brand customers in our key vertical markets is a perfect fit for Chordiant. Further, his distinguished track record in international markets and all he’s achieved in his broad and successful sales career, make him the right person to now lead our worldwide expansion.”
“I am delighted to join the Chordiant team,” said Cunningham. “Today we serve some of the world’s leading consumer brands, and I look forward to adding to Chordiant’s historical success, working closely with our worldwide field team, our customers, and our system integrators in developing a true partnership-level orientation.”
Cunningham joins Chordiant from Symantec, where as Vice President of Vertical and Large Account Sales he most recently was responsible for defining and expanding Symantec’s sales capabilities into both the telco and financial services markets. Prior to joining Symantec, David served at IBM as Vice President, Global New Business and Competitive Sales, where he was responsible for delivering market share gains in software, services and hardware across key markets and brands. In previous North American and European-based global sales roles with IBM, David exceeded sales targets in total contract wins, consistently winning large accounts from key competitors and exceeding quotas.
About Chordiant Software, Inc.
Chordiant helps leading global brands such as HSBC, Barclay’s, CIBC and Capital One deliver the best possible customer experience. Unlike traditional business applications, Chordiant Customer Experience (Cx) solutions blend insight with predictive desktop decisioning to uniquely understand the customer’s behavior. This deeper understanding cultivates a lasting, one-to-one relationship that aligns the most appropriate value proposition to each consumer. With Chordiant Cx solutions, customer loyalty, operational productivity and profitability reach new levels of return. For more information, visit Chordiant at http://www.chordiant.com. Chordiant is headquartered in Cupertino, California.
Chordiant and the Chordiant logo are registered trademarks of Chordiant Software, Inc. The Customer Experience Company and Cx are trademarks of Chordiant Software, Inc. All other trademarks and registered trademarks are the properties of their respective owners.
Safe Harbor Statement
This news release includes "forward-looking statements" that are subject to risks, uncertainties and other factors that could cause actual results or outcomes to differ materially from those contemplated by the forward-looking statements. Forward-looking statements in this release are generally identified by words, such as "believes," "anticipates," "plans," "expects," "will," "would," "guidance," "projects" and similar expressions which are intended to identify forward-looking statements. There are a number of important factors that could cause the results of Chordiant to differ materially from those indicated by these forward-looking statements. Other risks relating to Chordiant's products are detailed under "Risk Factors" in Chordiant's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, and Chordiant’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2007, each as filed with the Securities and Exchange Commission. These filings are available on a Web site maintained by the Securities and Exchange Commission at http://www.sec.gov. Chordiant does not undertake an obligation to update forward-looking or other statements in this release.
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Eastwick Communications
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