Stonebranch Strengthens Leadership Team Amid Record Growth

Company continues to invest in executive team to support growth momentum

Atlanta, USA | December 19, 2019 - Stonebranch Inc., a leading provider of dynamic IT automation solutions, is pleased to announce the promotion of Felix Lademacher to Chief Financial Officer, Martin Schlothauer to Chief Technology Officer and Rigas Paschaloudis to Senior Vice President Sales, EMEA and APAC. The announcement comes as the company wraps up another strong year of growth. Lademacher, Schlothauer and Paschaloudis will be joining the executive team in order to drive the company’s strategic vision and long-term growth strategy.

“The IT automation industry is at an inflection point, poised for explosive growth. Each of these individuals have already made enormous contributions to the business. They are the right people to both strengthen our leadership team and guide the business forward,” said Giuseppe Damiani, Chief Executive Officer. “These moves are yet another signal that Stonebranch is enhancing our client-centric support model while investing in game-changing innovation for our customer base."

As the Chief Technology Officer, Mr. Schlothauer is responsible for shaping Stonebranch’s innovation and technology vision for the company’s product and service portfolio. He previously led the successful growth and expansion of Stonebranch’s Professional Services organization. Mr. Schlothauer has more than 20 years of leadership experience in the telecommunications and information technology industry, having held senior management positions at Ericsson and LHS, among others.

As the Chief Financial Officer, Mr. Lademacher is responsible for leading the global finance and HR organization. Prior to his appointment as Chief Financial Officer, he led finance, legal and HR for Stonebranch’s EMEA region. His experience includes progressive roles in both M&A advisory and the corporate finance industry.

As the Senior Vice President Sales EMEA & APAC, Mr. Paschaloudis is responsible for Stonebranch's strategic sales and partnership initiatives. Prior to joining Stonebranch, he spent over 20 years working in senior management positions delivering profitable revenue growth for Clintworld, HP, Portal Software, Volubill and LHS.

About Stonebranch
Stonebranch builds dynamic IT automation solutions that transform business IT environments from simple IT task automation into sophisticated, real-time business service automation, helping organizations achieve the highest possible Return on Automation. No matter the degree of automation, Stonebranch software is simple, modern, and secure. Using its universal automation platform, enterprises can seamlessly orchestrate workloads and data across technology ecosystems and silos. Headquartered in Atlanta, Georgia, with points of contact and support throughout the Americas, Europe, and Asia, Stonebranch serves some of the world's largest financial, manufacturing, healthcare, travel, transportation, energy, and technology institutions.