Apttus has tapped 20-year tech company executive Terry Schmid for its chief financial officer post.
Schmid, who has served as Imperva's chief financial officer for the past seven years, has held CFO positions for several privately held tech companies.
"Terry's proven experience of helping high growth technology companies expand on a global basis meshes perfectly with Apttus' current evolution and future growth strategy," Apttus CEO Kirk Krappe said in a press release. "His well-rounded expertise will serve as a critical asset as we look to scale to the next level. He is a tremendous addition to Apttus, and will provide proper structure and executive leadership that is characteristic of larger, established companies."
Schmid's experience also includes serving as CFO for Coremetics, where he helped to facilitate IBM's acquisition of the company.
"Joining a company that creates revenue success for many of the largest blue-chip organizations in the world presents a compelling opportunity for the next step in my career," Schmid said in a statement. "Apttus has a clear product and industry leadership position. In addition, I believe the company's disruptive artificial intelligence capabilities will extend Apttus' lead over competitors and have a big impact on the efficiency and effectiveness of our customers' revenue operations."
Apttus, based in San Mateo, California, is a global leader in Quote-to-Cash and Contract Lifecycle Management technology.