Cloud-based business analytics provider Adaptive Planning has hired former SAP executive Carolee Gearhart as its vice president of global channels and partners.
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Gearhart brings nearly twelve years in senior executive partnership roles at SAP and PeopleSoft, most recently serving as SAP’s global vice president, OEM. She was also head of the strategic partner organization, and vice president of business development where she managed more than $1 billion of annual revenues in systems integration partnerships.
At PeopleSoft, she held the position of vice president of global channels where she built and owned the global strategic plan and business development, and grew channel revenues to $21 million in one year.
Adaptive Planning claims a network of more than 400 worldwide partners and a customer base of more than 1500 customers in 80 countries. The company also said new software bookings grew over 90 percent in 2012 and added more than 100 partners in 2012.
“We are delighted that Carolee has joined Adaptive. She brings an exceptional background and proven leadership in ratcheting partnerships and alliance success to the next level,” said Adaptive Planning chief executive John Herr. “Her expertise will be valuable as we develop and nurture key channel partners to support this expansion internationally and within larger businesses. Our robust global partner ecosystem has helped Adaptive scale rapidly around the world.”