Dynadec, the Leading Innovator in Optimization, Appoints Technology Entrepreneur James G. Popeo as CEO
Providence, RI – May 24, 2010 (PR WIRE) -- Dynadec announced today that James G. Popeo has joined the company as Chief Executive Officer. Mr.Popeo comes to Dynadec after 10 years at Exa Corporation, a computational fluid dynamics software company.
”We are extremely happy to have Jim on board as our CEO. Jim has worked with early stage technology companies his entire career and his successful track record speaks for itself. Jim’s passion, insight and drive for excellence will build upon the company’s success to date”, said Jeffrey Vogel, Dynadec’s chairman.
In addition to his role as Executive VP at Exa Corporation, Mr. Popeo brings over 25-years of experience as a senior sales and marketing executive in multiple industry segments including supply chain management, product lifecycle management, electronics manufacturing, and architectural engineering & construction.
"I am thrilled to be joining Dynadec as its CEO. Dynadec’s proprietary optimization technology allows customers across an array of vertical markets to immediately realize scalable operating efficiencies that yield dramatic cost savings. The value proposition is tangible and extremely attractive. I am honored to be part of a very talented team built around a truly next generation optimization platform developed by Pascal Van Hentenryck, Dynadec’s founder.” Mr. Popeo said.
"Bringing Jim Popeo on board as Dynadec's CEO is a home run for Dynadec and its customers. Jim's outgoing leadership style, vast network of international relationships and experience growing technology companies will be a catalyst for Dynadec's global expansion," said James S. Gladney, Managing Partner of Liberty Capital Partners, Inc., Dynadec's founding investor.
Popeo joined Dynadec as CEO and took a board seat on May 3rd. He succeeds Pascal Van Hentenryck, the company’s founder and previous CEO. Van Hentenryck will remain on the board and will assume the role of Chief Scientist going forward.
About Dynadec
Dynadec develops optimization solutions based upon its patented technology platform, COMET™. The company uniquely delivers a next generation optimization platform combined with world class operations research expertise to deliver unprecedented solutions to high value business problems. The company is unique in that it helps customers generate significant ROI by improving operational efficiency using real time information. COMET™ based solutions create value in a variety of markets including dynamic logistics, multi-modal transportation, and supply chain management. The company has licensed its software and solutions to a growing number of customers worldwide. For more information, visit www.dynadec.com.
About Liberty Capital
Liberty Capital Partners is a boutique merchant banking firm with practices in venture capital, private equity, and advisory services. Liberty specializes in helping companies meet their strategic growth needs via equity investment and advisory relationships. Liberty’s portfolio includes investments in technology, distribution, business services, financial services, and manufacturing companies. The company is headquartered in Providence, RI and also has offices in Boston, MA and Philadelphia, PA. For more information, visit www.libertycapitalpartners.com.