Guidewire Software Inc. have announced the appointment of Mike Rosenbaum as new Chief Executive Officer. Rosenbaum formerly spent more than a decade at Salesforce, ultimately rising to the position of Executive Vice President.
In order to make way for Rosenbaum, previous CEO and Guidewire co-founder Marcus Ryu transitions to become Chairman of its Board of Directors.
“Mike’s experience in leading product development and go-to-market strategy at the world’s leading cloud enterprise software company make him the ideal leader to accelerate our progress.” Ryu explains. “In addition to his leadership credentials, I am gratified that Mike so clearly evinces our values of integrity, rationality, and collegiality. My own journey with Guidewire continues in a new role, and I am eager to support him and the Guidewire team in the service of our customers for years to come.”
As Salesforce EVP, Rosenbaum notably brought to fruition many cloud product developments mirroring his strategic appoint, as Guidewire seeks to solidify their cloud offerings.
“I applaud what the company has achieved and deeply appreciate its values and focused commitment to the P&C insurance industry.” Rosenbaum commented on his appointment. “I’m excited for the opportunity to work with Marcus and the entire team and to play my part in the company’s future success.”
“We thank Marcus for co-founding and serving Guidewire since 2001 and welcome him into his new role as Chairman,” Guidewire director Peter Gassner commented. “We’re very excited to have Mike on board as CEO. His leadership and cloud experience will be instrumental as we look toward our next chapter of growth.”
Business Agility were Guidewire’s first European Partner and have supported scores of transformation programmes across the world. We’ve always been in line with Guidewire’s developments and we’re sure this new appointment will mean more exciting opportunities that we can support.
Based in San Mateo, California, Guidewire are a leader in the provision of property and casualty platform software. Their Insurance suite, comprising of claims, billing and underwriting products is utilised by more than 350 P&C insurers worldwide.