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Alfresco Software Taps Veteran Silicon Valley CFO, Bruce Felt, to Join Its Board
Date:7/16/2014

San Mateo, CA (PRWEB) July 16, 2014

Fueled by a differentiated hybrid model in the Enterprise Content Management (ECM) industry and unique with its open-source DNA, Alfresco Software today welcomed Bruce Felt, a highly-regarded Silicon Valley CFO, to its Board. Felt is expected to lead Alfresco’s Audit Committee, a subcommittee of the Board that is responsible for the financial operations of the company. Most recently serving in roles at Auction.com and SuccessFactors, Inc., Felt has guided several successful technology companies through rapid growth and expansion.

In the new report, Market Share Analysis: Enterprise Content Management, Worldwide, 2013, Gartner, Inc. reported that the ECM market grew 8.6% in 2013 to a worldwide market size of $5.1 billion. 1 Even more significant is that based on organic growth, Alfresco is exceeding the overall ECM market growth pace by more than 3X, based on revenue.2

“With Alfresco’s rapid growth trajectory, it’s critical that we have executives – in the family - with track records of success in helping companies achieve their business aspirations,” said Doug Dennerline, CEO of Alfresco. “Bruce’s broad financial experience and relationships will serve us well. I’m very proud that we continue to attract such high-caliber Board members to Alfresco.”

Alfresco is fortunate to benefit from decades of enterprise and management experience from Board executives who have consistently been top performers within their respective organizations. http://www.alfresco.com/company/board. The addition of Bruce Felt to the Alfresco Board only deepens that bench strength.

Felt brings 25 years of experience in financial operations and management at high-growth companies in the technology sector. Prior to Auction.com, Bruce spen
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