BA Insight Books a New CFO
June 28, 2011
BA Insight, founded several years ago, boasts patented software that “empowers organizations to optimize their information access and search protocols in order to achieve higher productivity, greater efficiencies, and happier end users. The firm has also optimized two of its key company functions: accounting and legal.
“BA Insight Appoints Chief Financial Officer” alerted us that Gary Traynor, MBA, JD has been named the firm’s chief financial officer responsible for directing “the development and execution of BA Insight’s financial growth strategy and oversee the company’s accounting, internal reporting, and investor relations activities while also managing the company’s legal matters.”
Guy Mounier, BA Insight’s CEO, touts Traynor’s 15 years of investment banking and management experience with technology companies as necessary for the “financial performance of a rapidly growing company like ours.”
So what’s BA Insight up to? Given Traynor’s background in successfully guiding numerous tech companies through the ventures of venture capitalism, including capital raising and private placements, BA Insight may be aiming for more funding or an initial public offering.
The press announcement emphasized the company’s plan to “engage in new markets around the world,” “build the global team,” and to execute its next phase of “responsible growth” with “expansive and global plans for the future.”
Stephen E Arnold, June 28, 2011
From the leader in next-generation analysis of search and content processing, Beyond Search.