SAN MATEO, Calif., March 30, 2020 /PRNewswire/ -- Today, Coupa
Software (NASDAQ: COUP) announced that veteran procurement
executive Michael van Keulen has
joined the company as chief procurement officer (CPO). Most
recently, van Keulen managed global procurement for athletic
apparel and technical clothing retailer, lululemon, where he led a
significant procurement transformation. As the new CPO of Coupa,
van Keulen will set the overall strategic direction for business
spend management for the company.
Van Keulen brings a wealth of
experience leading high-growth procurement teams to Coupa. His
background in both finance and procurement will enable him to not
only develop best-in-class business spend management processes, but
also partner effectively with finance to help deliver the company's
short- and long-range business and financial goals.
"As an experienced procurement practitioner, I viewed Coupa as
my secret weapon to driving transformational change over the past
eight-plus years," said van Keulen. "Given today's economic
environment, the opportunity has never been greater to help
businesses spend smarter. I look forward to continuing to elevate
the role of procurement with our customers and prospects and to
enabling Coupa to continue driving measurable value for businesses
around the world."
At lululemon, van Keulen led a transformation to secure the
company's supply chain with his strategic thinking and willingness
to confront risk head on. Under his guidance, lululemon was able to
reduce risk in its supply chain by eliminating single source
suppliers for business-critical items.
"Michael is a thought leader whose experience, commitment, and
results are tremendous," said Todd
Ford, chief financial officer at Coupa. "With his
strategic perspective and innovative mindset, he represents the
significance that Coupa, and all companies, should place on the
important role of procurement. I look forward to partnering with
Michael to help our company and our customers spend smarter."
Coupa empowers companies around the world with the visibility
and control they need to make smarter spending decisions. To learn
more about how Coupa can help you spend smarter, visit
www.coupa.com.
About Coupa Software
Coupa Software is a leading
provider of BSM solutions. We offer a comprehensive, cloud-based
BSM platform that has connected hundreds of organizations with more
than five million suppliers globally. Our platform provides greater
visibility into and control over how companies spend money. Using
our platform, businesses are able to achieve real, measurable value
and savings that drive their profitability. Learn more at
www.coupa.com. Read more on the Coupa blog or follow @Coupa on
Twitter.
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SOURCE Coupa Software