"By welcoming Ken to the board of directors, we are adding a wealth of investment and financial experience to Inxeption. Having him chair our audit committee is a natural fit."
CUPERTINO, Calif. (PRWEB) February 15, 2023
Inxeption, the leader in Industrial Commerce, has welcomed former Yahoo! Chief Financial Officer Ken Goldman to its board of directors as chair of the audit committee.
While at Yahoo!, Goldman oversaw financial analysis and planning, investor relations and other functions. He has served in the same capacity for a number of technology companies including Siebel, Fortinet, Cypress Semiconductor Corporation and VLSI Technology. He is currently president of investment firm Hillspire.
“By welcoming Ken to the board of directors, we are adding a wealth of investment and financial experience to Inxeption. Having him chair our audit committee is a natural fit,” said Inxeption CEO and co-founder Farzad Dibachi. “His extensive experience with private companies is a great asset, and I look forward to his contributions.”
Inxeption is providing a digital framework for what has traditionally been a highly manual industry. As the Amazon of Industrial Commerce, suppliers and buyers look to Inxeption for an end-to-end marketplace for industrial sourcing, connecting also to applications in finance, freight transportation, payment and analysis. Over the past three years, the company has experienced significant growth. Inxeption ended 2022 with an annual revenue run rate of $300 million.
In addition to his work at Hillspire, Goldman serves Cornell University as a Trustee Emeritus and is a member of the board of directors at GoPro, NXP Semiconductor and TriNet. He has also served on key groups for the Public Company Accounting Oversight Board, a nonprofit established by Congress, and the Financial Accounting Standards Board.
“Inxeption is reimagining the future of industrial transactions and solving for pain points that have plagued manufacturers for decades,” Goldman said. “The team assembled at Inxeption brings a tremendous amount of industry knowledge and experience, and I’m excited to be part of a company advocating for the bright future of such a vital sector.”
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Inxeption is the leading technology platform digitizing the global Industrial Commerce value chain. We are advocates for our ecosystem of suppliers and buyers, enabling them to Do Business Better.