PROS Holdings, Inc. Announces Appointment of Michelle H. Benfer to Board of Directors
November 16 2023 - 7:45AM
Business Wire
PROS Holdings, Inc. (NYSE: PRO), a leading provider of
AI-powered SaaS pricing, CPQ, revenue management, and digital offer
marketing solutions, today announced the appointment of Michelle H.
Benfer to its board of directors effective November 16, 2023.
Benfer joins the board as an independent director.
Benfer is a skilled leader with more than 20 years of experience
leading and driving successful sales teams at some of the world’s
most influential software and media companies. Benfer currently
serves as Senior Vice President of Sales for BILL Holdings (NYSE:
BILL), a leading financial operations platform for small and
midsize businesses (“SMBs”). At BILL she is responsible for leading
global Direct Sales. As a champion of SMBs, BILL’s integrated
platform helps businesses thrive more efficiently via their
payables, receivables and spend and expense management.
Prior to BILL, Benfer served in sales leadership roles for
HubSpot (NYSE: HUBS), including most recently as Senior Vice
President Sales, The Americas, where she led sales for LATAM, U.S.
and Canada regions. Previously, Benfer also served as Global VP
Sales at LogMeIn (now GoTo) driving their high-growth products and
held various sales roles in several media companies, including AOL,
Meredith Corporation, and Condé Nast.
“I am excited to welcome Michelle to the PROS board,” said PROS
Non-Executive Chairman of the Board Bill Russell. “Her track record
of developing, leading and scaling sales teams will be a great
resource for us as PROS continues to grow its business. I look
forward to working with her to create even greater long-term value
for our shareholders.”
“Michelle is a strong addition to our team, and I am thrilled
she is joining us,” said PROS President and CEO Andres Reiner.
“Michelle’s experience in growing successful sales teams and
driving customer acquisition make her an ideal partner for the PROS
team as we aggressively pursue the tremendous market opportunity
before us.”
"I am truly honored to join the PROS Board during this time when
AI-powered solutions are being embraced by the market,” said
Michelle Benfer. “I look forward to working with the team and
sharing my experience and knowledge to help the company further
drive success and capture additional market share.”
Russell Reynolds advised the company in the Board search
process.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of
AI-powered SaaS pricing, CPQ, revenue management, and digital offer
marketing solutions. Our vision is to optimize every shopping and
selling experience. With over 30 years of industry expertise and a
proven track record of success, PROS helps B2B and B2C companies
across the globe, in a variety of industries, including airlines,
manufacturing, distribution, and services, drive profitable growth.
The PROS Platform leverages AI to provide real-time predictive
insights that enable businesses to drive revenue and margin
improvements. To learn more about PROS and our innovative SaaS
solutions, please visit our website at www.pros.com.
Forward-looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995, including statements about our financial outlook;
expectations; ability to achieve future growth and profitability;
management's confidence and optimism; positioning; customer
successes; demand for our software solutions; pipeline; business
expansion; revenue; subscription revenue; ARR; non-GAAP earnings
(loss) per share; adjusted EBITDA; free cash flow; shares
outstanding and effective tax rate. The forward-looking statements
contained in this press release are based upon our historical
performance and our current plans, estimates and expectations and
are not a representation that such plans, estimates or expectations
will be achieved. Factors that could cause actual results to differ
materially from those described herein include, among others, risks
related to: (a) the macroeconomic environment, (b) the effects of
inflation, (c) the impact of the COVID-19 pandemic, (d)
cyberattacks, data breaches and breaches of security measures
within our products, systems and infrastructure or products,
systems and infrastructure of third parties upon whom we rely, (e)
increasing business from customers and maintaining subscription
renewal rates, (f) managing our growth and profit objectives
effectively, (g) disruptions from our third party data center,
software, data, and other unrelated service providers, (h)
implementing our solutions, (i) cloud operations, (j) intellectual
property and third-party software, (k) acquiring and integrating
businesses and/or technologies, (l) catastrophic events, (m)
operating globally, including economic and commercial disruptions,
(n) potential downturns in sales and lengthy sales cycles, (o)
software innovation, (p) competition, (q) market acceptance of our
software innovations, (r) maintaining our corporate culture, (s)
personnel risks including loss of any key employees and competition
for talent, (t) expanding and training our direct and indirect
sales force, (u) evolving data privacy, cyber security and data
localization laws, (v) our debt repayment obligations, (w) the
timing of revenue recognition and cash flow from operations, (x)
migrating customers to our latest cloud solutions, and (y)
returning to profitability. Additional information relating to the
risks and uncertainties affecting our business is contained in our
filings with the SEC. These forward-looking statements represent
our expectations as of the date hereof. Subsequent events may cause
these expectations to change, and PROS disclaims any obligations to
update or alter these forward-looking statements in the future,
whether as a result of new information, future events or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20231116392609/en/
PROS Investor Relations Belinda Overdeput 713-335-5879
ir@pros.com
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