CIMdata PLM Industry Summary Online Archive
7 January 2009
Company News
Ken Bozzini Joins Arena Solutions as Chief Financial Officer
Arena Solutions announced the appointment of Ken Bozzini as the company’s chief financial officer (CFO). With more than 25 years in financial and operational leadership roles for technology-based companies, Bozzini brings extensive experience in developing the financial foundation and operational processes that are proven to support companies through growth, expansion and ultimately public offering or acquisition. As CFO for Arena Solutions, Bozzini will manage Arena’s finance, accounting, human resources, facilities, legal, information technology and professional service functions and oversee the company’s financial strategy and planning to facilitate performance and growth.
In his previous position as CFO at Securimetrics Inc., Bozzini played a major role in the organization’s evolution from entrepreneurial start-up to division of a publicly traded industry leader. He helped drive a $71 million government contract and significant revenue growth, and guided the company to successful passage of its first Sarbanes-Oxley and public company audits. Bozzini has also prepared numerous companies to go public, including Evolve Software, where he led the organization through an acquisition and an IPO and then transformed the company’s cost structure and financing strategy as market conditions rapidly changed. With other senior financial positions at WildPackets Inc., Xoma Ltd., California Culinary Academy and Hewlett Packard—companies that range from small start-ups to publicly held multinationals—Bozzini has demonstrated an ability to propel companies from one stage of growth to the next.
“In my last position one of my responsibilities was to oversee contract manufacturing. We managed our bill of materials (BOM) in Excel and used faxes and emails to communicate with suppliers. The process was labor-intensive, error-prone and extremely stressful, given the public company pressure of getting our product to market on time. Having been in that role, I immediately recognized the value of an on-demand BOM management solution like Arena. No operations manager should do without it, and it’s exciting to join the company at a time when more and more of them are realizing just that,” said Bozzini. “I look forward to helping drive company growth and guide Arena into the next phase of company development.”
Bozzini holds a master’s degree in business administration from the University of California, Berkeley, and he graduated Magna Cum Laude from Golden Gate University with a bachelor’s degree in accounting. He earned his CPA while working for PriceWaterhouse.
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