|| ||"Jake Sorofman" <rPath-AT-techmarket.com> |
|| ||"Jonathan Corbet" <lwn-AT-lwn.net> |
|| ||rPath Announces New CEO |
|| ||Mon, 11 May 2009 14:48:52 -0700|
|| ||Article, Thread
At rPath, we've been very focused on lining up the pieces to support the next stage of our growth.
First, we laid out the future of application deployment and system maintenance; and we launched
rBuilder 5, the solution for automating the packaging, deployment and maintenance of applications
as complete and self-contained systems that are ready to run in any traditional, virtual or
The last piece of the puzzle is a CEO to scale the business and accelerate our growth in enterprise
markets. Mike Torto was a perfect fit for this role. As a three-time CEO, Mike has the track record
and operational experience to lead rPath through the next phase of our growth. Previously, Mike
served as CEO of Centive, which was acquired by Xactly Corp. Prior to that, Mike was the CEO of
Swan International, which he brought public in Europe.
Please let us know if you have any questions about what Mike's plans are for the company and
market. I've also included the press release below for your reference.
All the best,
Vice President of Marketing
D: 919-861-5657 I C: 919-279-5073
Web I Bio I Blog I LinkedIn I Knowledge Center
rPath Names Michael Torto Chief Executive Officer
With CEO Appointment, Company Poised for Accelerated Growth in Enterprise Application Delivery;
Company Positioned as a Leader in Leading Analyst Firm Report
RALEIGH, N.C. - May 12, 2009 - rPath today announced that Michael Torto has been appointed chief
executive officer (CEO), positioning the company for accelerated growth in solutions for automating
deployment and maintenance of complex applications across traditional, virtual and cloud-based
environments. This appointment continues positive momentum for rPath, which was recognized as a
leader in the just-published report, "IDC MarketScape: Worldwide Software Appliance 2009 Vendor
Analysis,[i]" by IDC analysts Brett Waldman and Al Gillen.
"Enterprises have demonstrated strong interest in rPath technology for addressing the growing cost
and complexity of application delivery," said Tim Buckley, executive chairman of the board for
rPath. "Mike has the ideal skill set and personal attributes to accelerate rPath's growth as we
harvest our deep R&D and market development investments to build a scalable business to serve
enterprise markets. We're very pleased to have Mike leading the next phase of our growth."
Torto takes the CEO position as rPath continues its campaign to reform application delivery and
system management, which typically remain time- and cost-intensive manual processes. rPath
dramatically reduces the time, cost and risk of enterprise application delivery by automating the
packaging, deployment, and maintenance of applications as complete and self-contained systems that
are ready to run and manage in any traditional, virtual or cloud-based environment.
"rPath has the ideal combination of team, technology and market timing to have a transformational
impact on the markets it serves and to become a phenomenal success in its own right," said Torto.
"It's not often that you see these factors line up as well as they do at rPath."
Prior to joining rPath, Torto served as president and CEO of Centive, a leader in incentive
management software, where he led the company's growth and expansion into global markets and
through its acquisition by Xactly Corp. earlier this year. Before joining Centive, Torto was
president and CEO of InCert Software, successfully transitioning the company from a start-up to a
leading software provider. Before InCert, Torto served as president and CEO at Swan International
Inc., a provider of application delivery and self-healing software, which he led to a successful
IPO on the European EASDAQ in April of 1999. Mike Torto's complete bio and headshot can be found at
Bringing Velocity to the rPath Vision
The IDC MarketScape report provides an overview of the competitive fitness of worldwide software
appliance vendors, including an assessment of current success and future performance by evaluating
them across categories such as functionality/offering delivered, innovation/R&D pace, productivity,
and growth strategy. In evaluating rPath, IDC reveals "the advanced nature of rPath's tool set and
the processes it helps manage is why rPath scored consistently at the top of the market in the
capability categories." Likewise, "the company was near the top of the market for most of the
strategy categories as well."
Torto said, "rPath is operating on the cusp of a huge, convergent opportunity: the growing
complexity of applications, the huge cost pressures on IT operations, and the emergence of
virtualization and cloud as application deployment environments. rPath is redefining application
delivery and systems management, helping enterprise customers lower costs, lower risks in
application delivery, and improve agility and business responsiveness."
For more information on rPath, please visit http://www.rpath.com. For additional perspectives,
please visit and subscribe to rPath RSS blog feeds at http://blogs.rpath.com/wpmu/. Follow rPath on
Twitter at @rpath.
Recent News and Resources
rPath News Releases and Commentaries: http://www.rpath.com/corp/news-and-events
rPath "Rethinking Application Delivery in the Age of Complexity" strategy essay;
rPath "Rethinking Application Delivery" Video: http://www.rpath.com/corp/rethinking
rPath "Cloud Computing in Plain English" Video: http://www.rpath.com/corp/cloudinenglish
rPath Cloud Computing Adoption Model: http://www.rpath.com/corp/cloud-adoption-model
rPath Knowledge Center: http://www.rpath.com/corp/browse-resources
rPath Webinars: http://www.rpath.com/corp/webinar
rPath is widely recognized as a pioneer in solutions for reducing the cost and complexity of
delivering enterprise applications to traditional, virtualized and cloud-based environments.
Leading ISVs and enterprises rely on rBuilder and the rPath Lifecycle Management Platform for rapid
deployment and low-overhead management and maintenance of complex application workloads. This
dramatically improves business agility and allows resource-constrained IT organizations to "do more
with less" by reducing the cost and complexity of application delivery. By producing application
images and virtual appliances that can run virtually anywhere, rPath frees the application from the
underlying hardware, simplifying deployment, portability and promoting scalability in response to
dynamic demand. rPath is headquartered in Raleigh, NC. Visit www.rpath.com.
rPath is a registered trademark of rPath. All other brand names and product names are trademarks or
registered trademarks of their respective companies.
[i] IDC, IDC Marketscape: Worldwide Software Appliance 2009 Vendor Analysis, Doc # 217473, April
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