Flexera CFO Joe Freda Announces Retirement
Freda plans to retire after 11 years with company in Q2’2020
Itasca, IL - October 29, 2019 Flexera, the software company that helps organizations realize technology’s power to accelerate their business, today announced that its Chief Financial Officer Joe Freda plans to retire from the company in 2020 after over a decade in the role. Freda is targeting Q2’2020 to retire but will remain in his current role with the company until a successor is found and onboarded to ensure a smooth transition.
“In the eleven years that Joe has been our CFO, Flexera has quadrupled in size. Joe has been instrumental to our growth and we’re grateful for his leadership and partnership. I’m pleased that he will help us identify his successor to continue that growth trajectory,” said Jim Ryan, president & CEO of Flexera. “I wish Joe a retirement full of well-deserved down-time.”
In announcing his plans to retire, Freda said, “I am proud to have been part of Flexera’s positive change and success over the last 11 years. After decades in business, it was the right time for my decision to start a new chapter and spend more time with my wife and family.”
Flexera is conducting an external search for its next CFO.
Flexera saves customers billions of dollars in wasted technology spend. A pioneer in hybrid ITAM and FinOps, Flexera provides award-winning, data-oriented SaaS solutions for technology value optimization (TVO), enabling IT, finance, procurement and cloud teams to gain deep insights into cost optimization, compliance and risks for each business service. Flexera One solutions are built on a set of definitive customer, supplier and industry data, powered by Technopedia, that enables organizations to visualize their Enterprise Technology Blueprint™ in hybrid environments—from on-premises to SaaS to containers to cloud. More than 50,000 customers subscribe to Flexera’s technology value optimization solutions, delivered by 1,300+ team members worldwide. Learn more at flexera.com