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ADAPTIVE TABS CITRIX CHAIR AS CEO Featured

Thomas F. Bogan, Adaptive InsightsOnline budgeting and forecasting software maker Adaptive Insights has named Thomas F. Bogan as CEO. The previous CEO, John Herr, joined Palo Alto, Calif.-based company in 2011. However, in July the company said he was making a transition to senior advisor while founder Rob Hull became chairman at the same time. Last year was a team-building year.

Keith Nealon was made president and chief revenue officer, also in July and Karen Pisha was hired as SVP of customer success in December. And notably, the company name was changed from the long-time Adaptive Planning moniker in February. With some key appointments to its board, it is starting to look like the build up to going public. That is also suggested by the number of press releases the company has issued proclaiming its rate of growth. Adaptive last raised $45 million in October 2013. In a prepared statement, the company cited, "Bogan's deep experience scaling high-growth enterprise software companies is the perfect complement to fuel Adaptive's next phase of expansion and innovation."

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