BambooHR, a Lindon-based human resources software developer and marketer, has named Brad Rencher as CEO. The move will allow co-founders Ben Peterson and Ryan Sanders to focus on strategic oversight and corporate direction as co-chairmen of the BambooHR board of directors, the company said.{mprestriction ids="1,3"}
“Today we continue building upon the BambooHR legacy of providing an exceptional customer experience as we bring Brad Rencher on as CEO to advance our mission to set people free to do great work,” said former CEO Peterson. “BambooHR was founded on a philosophical shift that people who have meaningful and positive employee experiences can influence businesses to achieve better overall results.”
“This philosophy has informed our approach with our team, our product, and our focus on the individual employee experience for our customers,” said COO Sanders. “To further our commitment to our customers and team members and continue our goal of creating great workplaces, we’re calling in Brad’s leadership skills and business experience to take our vision even further into the next decade.”
Rencher most recently served as executive vice president and general manager of Adobe’s Digital Experience business unit. He joined Adobe in 2009 through the acquisition of Omniture, and under his leadership, the Digital Experience business became one of the largest SaaS businesses, growing from $300 million to nearly $3 billion in under a decade. Rencher also oversaw Adobe’s $10 billion in acquisitions of Marketo, Magento, TubeMogul, Neolane and Demdex, among others.
“BambooHR is leading a movement to create the kind of employee experiences that build stronger companies from the inside out,” said Rencher. “The evolution of customer experience in the digital age throughout the past decade offers insights into BambooHR’s mission to advance the employee experience. BambooHR is known for empowering its employees through its platform, as well as delivering simple solutions to do the same for its customers, and I am incredibly excited to serve both as CEO of the company.”
Founded in 2008, BambooHR has 500 employees, 15,000 customers and over a million users worldwide.{/mprestriction}