Kibo Appoints David Post as CEO

New executive to fuel the next phase of growth and development for omnichannel commerce technology leader

Dallas, Texas (March 26, 2018) Kibo, the world’s leading cloud-based omnichannel commerce platform, today announced David Post as its new Chief Executive Officer. He brings two decades of experience in the high technology and software space across a number of vertical industries, including transportation and logistics, real estate, and healthcare.

Kibo is transforming the commerce industry through a single, omnichannel platform that allows retailers and branded manufacturers to compete and thrive. With an industry leading platform in place and under the new leadership of David, Kibo is poised to supercharge its growth with new customer launches and product innovations.

“I am very excited to join Kibo and work alongside such a talented and dedicated team,” says David Post, CEO, Kibo. “The company has made incredible strides in this dynamic and competitive industry, becoming the pioneer in unifying commerce technology and empowering our customers to provide seamless, personalized shopping experiences. At its core, Kibo’s dedication to its customers and enabling them to do more with their resources without the burden of outdated technology, sets us apart in the industry. I look forward to continuing industry leadership in technological innovation to drive growth and adoption of the Kibo platform with leading retailers and brands.”

Patrick Severson, Vista Equity principal and Kibo board member, said today that the investment firm looks forward to partnering with Post and the Kibo leadership team.

“David has a track record of successful leadership as a Senior executive within the Vista portfolio and in other firms. David joins Kibo from a leadership position within Vista, where he has been responsible for driving the success of best practices through the portfolio. This unique and valuable perspective, combined with his operating experience, will support Kibo’s growth in delivering greater value for the retail industry,” said Severson.

Prior to joining Kibo, David served as the President of Vista Consulting Group, the operational consulting arm of Vista Equity Partners, a leading investment firm in the enterprise software, data, and technology sectors. In addition, he has held executive leadership roles at a number of software companies. Recently, David was the President and Chief Operating Officer at Omnitracs. He was previously the Chief Executive Officer of MRI Software and served as the Vice President of Customer Operations for Sunquest Information Systems. Earlier in his career David held positions at several firms within the technology consulting and software provider space, including Kintana, Accenture, and Keane Consulting. David has a B.S. in Management Information Systems from the Stillman School of Business, Seton Hall University and an M.B.A. from the Fuqua School of Business, Duke University.

About Kibo:

Kibo empowers retailers and branded manufacturers to achieve optimal performance of B2C and B2B commerce through unified consumer experiences. With over 40 years of innovations, Kibo provides a complete omnichannel commerce platform delivered with the lowest total cost of ownership and the fastest time to market. By leveraging cloud technologies, individualized buying experiences, and true enterprise scale, Kibo enables you to reach higher peaks of sales and consumer loyalty. No matter the challenge, Kibo powers your success. For more information, visit kibocommerce.com

About Vista:

Vista Equity Partners, a U.S.-based investment firm with offices in Austin, San Francisco, Chicago, and Oakland with more than $31 billion in cumulative capital commitments, currently invests in software, data and technology-enabled organizations led by world-class management teams with long-term perspectives. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies’ realization of their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit http://www.vistaequitypartners.com.

Media Contact

Mariana Fischbach
Ketner Group PR & Marketing
(512)794-­8876
mariana@ketnergroup.com

Angela FausoneKibo Appoints David Post as CEO