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Industry Summary Articles

Thursday, October 31, 2024

PROS Holdings, Inc. Announces Planned Retirement of President & CEO

PROS Holdings, Inc., a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, announced that its President and Chief Executive Officer, Andres Reiner, intends to retire from the Company. Mr. Reiner will remain in his role through the completion of the search for his successor and serve as an advisor for a 12-month period thereafter to ensure a seamless succession.

The Company’s Board of Directors is executing its succession plan and searching for the next CEO with the assistance of a nationally recognized executive search firm.

“I’m incredibly proud of where PROS is as a business and the strong leadership team we have in place. Our strategy, platform, and people are well positioned to continue to set the standard for innovation in our market and drive sustainable long-term growth,” said President and CEO Andres Reiner. “We are committed to finding the best candidate to continue on our mission of helping people and companies outperform, and I look forward to supporting my successor through a successful transition.”

“On behalf of the board, management team, and employees, we want to thank Andres for his exceptional leadership and his ongoing commitment to PROS,” said PROS Non-Executive Chairman of the Board Bill Russell. “The Board is conducting a search to identify the best person to build upon the strong foundation built under Andres’ leadership, and we look forward to working with Andres to ensure a smooth transition.”

To view the original press release, please click here.

Search for PROS Holdings on CIMdata.com

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