Tekion Appoints New CFO and Chief Executive Officer

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PLEASANTON, Calif. , Jan. 2, 2024–(BUSINESS WIRE)–Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, announced the expansion of its leadership team with the appointment of two full executives. with extensive experience and expertise in the enterprise software industry.

Jacob Shulman, former CFO of JFrog and Mellanox Technologies, has been named CFO

Rob Glenn, Former CRO and Head of Alliances at Coupa Software, Named Lead Director

Both executives have a strong track record steering financial growth and spearheading global sales strategies that will help further scale Tekion’s business.

“Tekion surpassed the $100 million revenue run rate early last year and continues to grow at 97% year over year. We are excited to bring onboard and welcome the new leaders, Jacob Shulman as our CFO and Rob Glenn as our CRO. Their expertise, proven track record and experience will bring strong operational rigor to scale our business and continue to drive this incredible growth momentum,” said Jay Vijayan, CEO and Founder of Tekion.

As Chief Financial Officer, Jacob Shulman will lead Tekion’s global financial organization and operations, adding financial planning, investor relations, accounting, treasury control and more. He brings more than 25 years of experience in building monetary infrastructure and developing multinational enterprises. Prior to joining Tekion, Jacob was CFO of JFrog (NASDAQ: FROG), where he was instrumental in guiding the company through the IPO process and continuing its expansion as a public company. During his tenure at Mellanox Technologies (NASDAQ: MLNX), Jacob reshaped the company by evolving the monetary organization to achieve the company’s annual expansion from $48 million to more than $1 billion. Prior to Mellanox, Jacob held key finance positions at Atrica, Thyssenkrupp AG, Matav Cable Systems and Ernst

In the role of Chief Revenue Officer, Rob Glenn will lead Tekion’s sales efforts of its Automotive Retail Cloud (ARC) globally. He brings more than 25 years of experience in the enterprise software industry and spent the last 10 years playing a key role in the development and expansion of Coupa’s (NASDAQ: COUP) global sales strategy and execution where he was CRO and Head of Alliances. Rob was instrumental in growing Coupa from $50M in revenue in 2015 to approaching $1B at the end of the 2023 financial year. Prior to Coupa, Rob held various executive leadership roles at PROS, EG Solutions, Global 360, Gresham Computing and Tibco.

About Tekion

Positively revolutionizing an industry that hasn’t seen disruption in more than 50 years, Tekion has challenged the paradigm with the first and fastest cloud-native automotive platform that includes the revolutionary Automotive Retail Cloud (ARC) for retailers and Automotive Enterprise Cloud (AEC) for manufacturers. . and other leading automotive corporations and Automotive Partner Cloud (APC) for industrial and generation partners. Tekion connects the entire spectrum of the automotive retail ecosystem through one seamless platform. The transformative platform uses next-generation generation, big data, device learning, and artificial intelligence to seamlessly combine OEMs, retailers/resellers, and consumers. With its highly configurable integration and enhanced scale operator engagement capabilities, Tekion enables the most productive automotive retail reporting ever created. For more information, scale on www. tekion. com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240102305605/en/

Contacts

Marylou Hastertpress@tekion. com

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