Tagetik, a visionary leader in global performance management software solutions, today announced Anton Niculescu as general manager of Tagetik North America, to lead business and operations across the region. Mr. Niculescu will drive Tagetik's expansion in the region, continuing the company's previously announced international growth initiatives, and its sustained momentum of 13 straight years of double-digit revenue growth.

Tagetik also announced the opening of its new North American headquarters in Stamford, Connecticut. The location more than doubles the size of Tagetik's former headquarters to accommodate significant growth in the number of employees last year and the anticipated doubling of staff in 2015. At the same time, the company announced the opening of its first Canadian office in Toronto and plans to open additional regional offices before year's end.

With the addition of Mr. Niculescu, Tagetik brings on board an experienced leader and expert in corporate performance management (CPM) with a strong track record of building world-class teams that deliver unparalleled customer success in a high growth business. Most recently, Mr. Niculescu served for more than three years as director of the highly regarded IBM Software Lab in Bucharest, Romania as the European performance management leader and centre of excellence executive at IBM Business Analytics. Prior to that role, he was senior vice president of global professional services at Clarity Systems (acquired by IBM). During his tenure at Clarity, Mr. Niculescu grew the global professional services team to more than 280 professionals and presided over more than 400 successful software implementations across a breadth of finance processes including budgeting, planning, reporting, consolidation and disclosure management.

"Tagetik's global growth is being driven by the ability to address the needs of CFOs to guide strategic direction with improved performance, reduced risk, greater efficiency and better business results. That calls for executives with deep knowledge of financial processes and software implementation, which makes Anton superbly qualified to lead our North America business efforts," said Manuel Vellutini, co-CEO, Tagetik. "As general manager of Tagetik North America, Anton is chartered with executing on our commitment to growth while maintaining the dedication to customer success that has been a cornerstone of our achievements in all geographies."

"Our innovative unified performance management platform has established Tagetik as the natural choice for finance organizations that have complex requirements but also want the ease of use of the cloud," said Anton Niculescu, general manager, North America, Tagetik. "I believe Tagetik is unique in its ability to address the complex needs of today's finance organization and I'm excited about the great opportunity to leverage my experience to accelerate our growth and footprint in the North American market."

"North America is a key strategic region for Tagetik's expansion and momentum," said Marco Pierallini, co-CEO, Tagetik. "Our extensive investment in this important market will be spearheaded by an experienced, proven leader who can build our team, our infrastructure and our customer base. We are confident that under Anton's leadership and with his understanding of our customers' needs, Tagetik will meet our ambitious goals for both growth and customer success."

About Tagetik
Tagetik understands the complex challenges that face the Office of Finance and translates that knowledge into intuitive, enterprise-scale performance management software solutions that drive business results. With Tagetik, companies get the simplicity of the Cloud and the power to unify financial and operational planning; shorten the consolidation and close process; immediately analyze results, model and compare full financial statement impact of business scenarios; adjust strategic plans; seamlessly update rolling forecasts; produce formatted and auditable financial statements and management reports; collaborate on business reviews, and automate disclosure and board reporting. Tagetik has built-in financial intelligence so that CFOs, finance managers, and operations executives can orchestrate multiple or all processes in one software solution. More than 750 customers across 35 countries count on Tagetik to improve efficiency, reduce risk, save money and deliver results.

www.tagetik.com

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