Vendavo Expands Management Team

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Seasoned Executive Jonathon Knight Joins Company to Lead Solution Delivery

I'm thrilled to join a team that's so committed to providing value to customers

Vendavo®, the leading provider of business-to-business price management and price optimization solutions, expanded its management team by announcing today that Jonathon Knight will join the company as Senior Vice President of Global Solutions Delivery (GSD). In his new role, Knight will be responsible for implementation services delivery across the company's customer base in North America.

"Jonathon's broad experience and entrepreneurial spirit make him a natural fit for the Vendavo management team," said Al Crites, chief executive officer of Vendavo. "Jonathon is a seasoned leader with a strong focus on customer value. I am confident that he will provide quality services to our customers that deliver measurable results."

Knight has more than a decade of professional services leadership experience from past roles at Agile, PeopleSoft, Red Pepper, and Siebel. At Agile, Knight was the Vice President of Professional Services and Customer Care and was responsible customer implementations worldwide.

"I'm thrilled to join a team that's so committed to providing value to customers," said Knight. "I believe that effective price management and optimization can help transform a company by improving profits and gaining a long-term competitive advantage. I look forward to working with our customers and helping them realize value from their investment in Vendavo solutions."

With Knight's appointment, Jennifer Maul, former Senior VP of GSD at Vendavo will assume a new position as Chief Customer Officer and will lead the Strategic Customer Organization. Maul's new position is part of Vendavo's larger initiative to continue to sharpen its focus on customer relationships. The initiative is driven by continued expansion in scope of Vendavo solutions and increasing senior executive focus on pricing in the company's customer base.

About Vendavo
Vendavo is the leading provider of price management and optimization solutions for business-to-business companies worldwide. Vendavo Enterprise Pricing Suite solves pricing problems by giving businesses true enterprise-wide control of their entire pricing process. It combines pricing science, pricing best practices, and enterprise-class software to drive small improvements in average prices at every stage of the pricing process, from segmentation to deal close. Together, these improvements deliver big increases in profits - from 10% to 30%. Vendavo is the enterprise pricing solution of choice for more than 140 customer divisions at some of the world's biggest names in chemicals, high-tech and industrial manufacturing, consumer products, mill products and distribution. SAP resells the Vendavo solution to its customers under its own name, SAP Price and Margin Management. To learn more, or to request information, visit http://www.vendavo.com.

Media Contact:
Gretchen Bender
Greenough Communications for Vendavo
650-646-3268 x16

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Gretchen Bender
Greenough Communications for Vendavo
650-646-3268 +16
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