Business
Alkami Announces Alex Shootman as Chief Executive Officer
Appointment effective November 5, 2021. Mike Hansen to remain on Board of Directors. PLANO, Texas, Nov. 4, 2021 /PRNewswire/ -- Alkami Technology, Inc.
About this update from Alkami Technology, Inc.
[{"type":"text","content":"Appointment effective November 5, 2021. Mike Hansen to remain on Board of Directors.\n\n\nPLANO, Texas, Nov. 4, 2021 /PRNewswire/ -- Alkami Technology, Inc. (NASDAQ: ALKT) (\"Alkami\"), announced that its Board of Directors has appointed Alex Shootman to the role of Chief Executive Officer, effective November 5, 2021. Shootman succeeds Mike Hansen, who will remain at Alkami in an advisory role through the end of the year to assist with the transition and continue his role as a Director on Alkami's board through at least 2022. Shootman will also be appointed to Alkami's Board of Directors.\n\n \n \n \n \n \n \n\n \nShootman brings to Alkami more than 20 years of executive leadership experience growing and scaling enterprise software companies across multiple industries. Most recently, he served as Chief Executive Officer of Workfront, where he more than doubled revenue over a five-year period by repositioning the company from a departmental project application to an enterprise application platform. Prior to joining Workfront, Shootman served as President of Apptio and before that, he was President of Eloqua and a member of the team that helped bring Eloqua to a successful public offering. Shootman has also held executive leadership positions with Vignette, TeleTech, BMC Software, and IBM.\n\"I am delighted to join Alkami at this exciting time in their journey,\" said Shootman. \"Alkami has a demonstrated track record of significant top-line growth, over 30% annually, by delivering regional and community financial institutions a digital banking platform that levels the playing field against established megabanks and disruptive fintechs much larger in scale and resources. I look forward to working with the exceptional talent at Alkami, our clients, and our partners to accelerate and scale growth for the company through innovative financial technology that empowers our clients to meet the growing demands of U.S. consumers and businesses.\"\n\"Alex's experience in growing and scaling enterprise software companies is essential at this stage of Alkami,\" said Brian R. Smith, Founder and Managing Director of S3 Ventures and Chairperson of Alkami's Board of Directors. \"Alkami possesses the vision, strategy, and technology to help our remarkable clients grow faster than the market. With Alex at the helm, Alkami has also acquired an enter...