ibi Appoints Frank J. Vella as Chief Executive Officer
Industry Veteran to Drive Innovation and Growth for Company in Data and Analytics Market
New York, NY
Information Builders (ibi), a leader in business intelligence (BI), analytics, and data management solutions, today announced the appointment of Frank J. Vella as chief executive officer (CEO). Reporting to the board of directors, he assumes responsibility for the management and operations of all aspects of the company. An accomplished global technology leader, Vella will drive growth, build on an established customer-focused culture, and lead the company to capitalize on emerging market opportunities.
This marks an important milestone in the history of ibi, a New York-based pioneer in business intelligence software, as Vella succeeds the company’s founder and CEO Gerald. D. Cohen. Cohen will remain as chairman of the board and senior advisor to Vella.
For 43 years, Cohen guided ibi through many waves of innovation and disruption, and created an industry-leading company with the vision to enable more people to have an easier way to access their data for better insights and decisions. This early vision remains steadfast and relevant for today’s complex technology, systems, and data environments. Among Cohen’s proudest achievements is the creation of a company culture focused on solving business problems and creating value for customers through highly scalable software solutions.
Vella joined ibi in November 2017 as chief operating officer, following an equity investment by Goldman Sachs. Since then, he has led efforts to modernize several areas of the business, including product, innovation, marketing, sales, and channels. Vella oversaw the launch of the new WebFOCUS, the company’s flagship analytics platform. This included dramatic improvements in the product’s UI and UX, the addition of advanced augmented analytics capabilities, and a multitude of new data management capabilities. Additionally, under his leadership, key executives were added to the management team to bring the skills required to innovate and capture new market opportunities. The company also made investments in modernizing processes and technology for operational improvements and efficiencies.
Frank J. Vella, chief executive officer, ibi, said: “I look forward to continuing to build upon the remarkable legacy created by Gerry and his co-founders. The spirit of innovation and customer service excellence, fostered through positive corporate culture, has been core to ibi since its inception. Bigger data challenges generate the need for more robust data solutions. By capitalizing on the product’s proven areas of strength we will accelerate the pace of innovation. With R&D investments in advanced analytics, we will make trusted data easy to access and sophisticated analytics easy to create and consume. ibi will be at the forefront of providing data and analytics at scale.”
Gerald D. Cohen, chairman of the board, ibi, said: “I have enjoyed working side by side with Frank. I am thrilled for him to continue to build on our legacy of innovation and what we do best: help our customers solve their business problems, make a difference in people’s lives, and meet the next -generation of data requirements. I look forward to continuing to work together with him in the next phase of our company’s journey.”
Peter Gyenes, board member, ibi, said: “Gerry has built an extraordinary company and is a well-respected pioneer in the industry. Over the past year we have seen Gerry and Frank work in partnership to position the company for long-term success. We are confident that with Frank’s leadership, the company will thrive and reach new levels of growth and innovation.”
ibi is a data and analytics company that embeds intelligence into ― everything. From the beginning, ibi has known the importance of data and insights to make better decisions. We help organizations get their complex and disconnected data in order, so they can build, embed and automate intelligence in everything they do. By preparing organizations for the future and turning them into builders ― information builders, everyone can use enterprise-trusted data at scale to drive their growth. Whether our customers use pre-built applications or build their own solutions for their data and analytics challenges, ibi powers their innovation and reinvention. ibi’s open platform and industry-specific building blocks accelerate speed-to-market, improve operational efficiency, and enhance their customers’ experience.