Flexera Announces New Chief Financial Officer

Seasoned Financial Executive David Zwick

Itasca, IL - June 1, 2020 Flexera, the company that helps organizations maximize business value from their technology investments, today announced David Zwick as its new Chief Financial Officer (CFO), effective June 1, 2020, taking the reins from retiring CFO Joe Freda. Zwick joins Flexera from Transworld Systems Inc., where he served as CFO for four years

“We couldn’t be more thrilled to welcome David to Flexera to help continue our track record of growth that we saw under Joe Freda,” said Jim Ryan, President and CEO of Flexera. “Just as importantly, he’s a great fit for our culture.”

Zwick brings with him a global background in both publicly-traded and private-equity held companies, including extensive experience in mergers and acquisitions.  In addition to Transworld Systems, he held CFO positions at Hilco Global and Inteliquent, Inc.  Prior to that, he was a senior investment banker at Barclays Capital and Lehman Brothers.  He began his career at Arthur Andersen & Co.

"This is an exciting time to join," Zwick said. "Flexera has a strong vision, passionate employees, and a great story to tell. I’m thrilled to be part of the team that builds upon its success."

“I’m pleased to work closely with David during a transition period that continues the growth trajectory that Flexera has been on,” said retiring Flexera CFO Joe Freda. “He has the experience and track record to continue our momentum.”

Mr. Freda is retiring after a successful 30+ year career and 12 years as Flexera’s CFO.

For more information on Flexera, visit www.Flexera.com

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About Flexera

Flexera delivers SaaS-based IT management solutions that enable enterprises to accelerate and multiply the return on their technology investments. We help organizations inform their IT with total visibility into their complex hybrid ecosystems, providing the IT insights that fuel better-informed decisions. And we help them transform their IT with tools that allow IT leaders to rightsize across all platforms, reallocate spend, reduce risk and chart the most effective path to the cloud.

More than 50,000 customers subscribe to our technology value optimization solutions, delivered by 1,300+ passionate team members worldwide. To learn more, visit flexera.com.

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Ashleigh Giliberto

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