Openlink Announces Rich Grossi as CEO, John O’Malley Assumes Strategic Role as Executive Chairman of the Board
Openlink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, has announced that Rich Grossi has been promoted to CEO. John O’Malley has transitioned to the role of Executive Chairman of the Board, where he will continue to support the strategic direction of Openlink Financial.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170917005008/en/
Rich Grossi (Photo: Business Wire)
For the past two years, John O’Malley has been at the helm of the growing trading, treasury and risk management company. He has established a strong strategic foundation for growth and has brought in a stellar leadership team with a renewed focus on client-led development. Today’s leadership change has been engineered to enable John to continue to support the strategic growth of the business in partnership with a strong and dynamic CEO.
Rich Grossi takes on the CEO position with nearly 20 years of operational and technological experience at Openlink. As CTO, Rich oversaw the development of Openlink’s products and technology as well as management of the company’s IT and information security. He has also played an instrumental role in the development of Openlink Cloud and has been guiding its subsequent growth.
Previously, Rich spent nearly a decade directing Openlink’s global operations, where he helped enhance the company’s sales and management processes to foster explosive growth. Throughout his lengthy tenure, Rich has worked closely and collaboratively with Openlink’s sales, services, systems, finance and product teams to ensure a consistent and high-quality level of delivery across the enterprise.
John O’Malley commented: “I have been proud to lead Openlink through a period of extensive technological and operational evolution. My aim as CEO was to develop a dynamic executive team, product suite and operational strategy to ensure that clients can continue to rely on Openlink to help them navigate challenging markets, capitalize on unseen value and mitigate systemic risk. With our new Cloud platform and strong, experienced executives like Rich at the helm, I believe we are in the best position possible to serve clients and assert our leadership across all areas of risk management. Rich has played a central role in bringing this vision to life. There is no one better placed to take on the role and I anticipate that our collaborative efforts will grow even stronger in our new capacities.”
Rich Grossi commented: “In nearly two decades with Openlink, I’ve watched the firm continuously adapt to any and all industry change to maintain its mission of helping clients translate risk into opportunity. From leading global operations to shaping our technology strategy, I have been proud to help drive that growth in a variety of areas. As CEO, I plan on leveraging this intimate knowledge and collaboration with all of our business units to continue John’s vision and lead Openlink into its next phase of growth.”
Prior to joining Openlink, Rich was a VP of Development at KWI, where he was responsible for technical management of internal software applications.
In concert with this leadership change, today also marks the launch of Openlink’s new global brand, positioning and website. John added: “Our new brand better showcases Openlink as the dynamic, modern company that we have evolved to be, and is a testament to our continuing investments in service, innovation and growth. Our new representation conveys the value our clients have come to expect and value in our partnership together: a comprehensive platform that provides a single source of the truth, our expertise in risk, our role as a solution innovator for complex business.”
For more than 25 years, Openlink (www.Openlink.com) has been providing trading, treasury and risk management solutions for the world’s most sophisticated commodity, energy, corporate and financial services organizations.
Openlink’s innovative solutions help clients break down organizational silos and instantaneously connects trading, risk and treasury across multiple asset classes and throughout the front, middle and back office. The Openlink Cloud platform, coupled with our advanced analytics, enables clients to manage huge data volumes, take advantage of even the most fleeting of market opportunities, and mitigate risk.
Openlink has topped Chartis’ RiskTech100 Energy Trading Risk Category for the last six years and been named a Leader in Gartner’s Trading Platforms Magic Quadrant. Other accolades include the Treasury Management International awards, Energy Risk awards and Central Banking awards.
Openlink is proud to support more than 38,000 users and more than 600 clients, including 12 of the world's largest commodity/energy companies, 9 of the largest financial institutions, and 13 central banks.
Aspectus (for Openlink)
Ellie Bacon, +44 20 7242 8867
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
eLichens Raises EUR 7 Million to Boost its Growth in France and Internationally23.5.2018 09:00 | Tiedote
Designer of patented gas sensors and the first comprehensive air quality analysis and prediction platform, eLichens today announced a new EUR 7 million capital increase with its historical investors and two new entrants. This operation, which follows the success of the first raising of capital of over 4 million euros in July 2016, aims to market large volumes of its micro gas sensors to serve the needs of its industrial customers as well as the large-scale deployment of its platform that performs intelligent indoor and outdoor air quality analysis for the smart city, smart home and smart building markets. The eLichens team relies on patented technologies developed jointly with renowned laboratories such as CEA-Leti and MIT. In addition to the renewed and strengthened support from current shareholders, including DEMETER, SOFIMAC Innovation, Business Angels networks (members of France Angels) and Aereco, eLichens is delighted to welcome the Fonds Ville de Demain managed by Bpifrance as p
Greenbird Named a Gartner Cool Vendor in Application Architecture, Infrastructure and Integration23.5.2018 08:05 | Tiedote
Greenbird, the company delivering Metercloud to accelerate the energy revolution, today announced that it has been named a Gartner “Cool Vendor” in Application Architecture, Infrastructure and Integration. Greenbird empowers utilities by delivering Metercloud to manage the data flow faster and smoother than traditional system integration models. With prebuilt Metercloud integration applications and connectors, software solutions can be connected and updated in a few days instead of months of custom coding. Every year Gartner identifies Cool Vendors with innovative offerings for application leaders responsible for architecture, infrastructure and integration. Thorsten Heller, CEO and Co-Founder at Greenbird, said that “In the Cool Vendor report, Gartner recommends ‘application leaders responsible for modernizing application architecture, infrastructure and integration should exploit service mesh capabilities in portable, resilient and incrementally extensible microservices implementatio
Hilton Commits to Cutting Environmental Footprint in Half and Doubling Social Impact Investment23.5.2018 07:01 | Tiedote
Hilton today announced it will cut its environmental footprint in half and double its social impact investment by 2030. With this commitment, Hilton will become the first major hotel company to institute science-based targets to reduce carbon emissions and send zero soap to landfill. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180522006472/en/ Hilton Commits to Cutting Environmental Footprint in Half and Doubling Social Impact Investment (Photo: Business Wire) The company will also double the amount it spends with local and minority-owned suppliers, and double its investment in programs to help women and youth around the world. These goals are part of Hilton’s Travel with Purpose corporate responsibility strategy to further the United Nation’s 2030 Sustainable Development Agenda. New consumer research reaffirms Hilton’s corporate responsibility strategy. According to a survey of 72,000 Hilton guests, social, environmental
General Cable Responds to Speculation Regarding Alleged Investigation23.5.2018 06:05 | Tiedote
General Cable Corporation (NYSE: BGC) (“General Cable” or “the Company”) today issued the following statement in response to a recent press report about an alleged new investigation by the United States Department of Justice (DOJ): We are aware of a recent press report regarding an alleged new DOJ investigation under the United States Foreign Corrupt Practices Act (FCPA) involving General Cable. To the best of our knowledge, we have been and remain in compliance with the terms of our December 2016 Non-Prosecution Agreement (NPA) entered into with the DOJ. We periodically communicate with the DOJ as required by the NPA, and we are not aware of any new DOJ enforcement action or investigation against the Company at this time. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this communication, including, without limitation, statements regarding the Company’s compliance with the NPA and any enforcement action or investigation against the Company, and manageme
Zephyr Endobronchial Valves Improve Breathing, Quality of Life and Activity for Severe Emphysema Patients in US Pivotal Trial22.5.2018 20:19 | Tiedote
Pulmonx® Corp. today announced positive one-year results from the U.S. LIBERATE pivotal trial of the Zephyr® Endobronchial Valve, a minimally-invasive treatment for severe emphysema, an advanced form of chronic obstructive pulmonary disease (COPD). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180522006139/en/ Zephyr Endobronchial Valves (Photo: Business Wire) “The LIBERATE Study definitively proves that Zephyr Valves offer clinically meaningful improvements in three important areas for patients – the ability to breathe better, be more active, and enjoy an improved quality of life,” said the study’s lead investigator, Gerard Criner, MD, FACP, FACCP, Chair and Professor of Thoracic Medicine and Surgery, Lewis Katz School of Medicine at Temple University. He continued, “All primary and secondary endpoints were met, with Zephyr Valve treatment showing significant improvement for patients across multiple measures of breathing a
Seoul Semiconductor Announces the Availability of a Series of AC LED Modules22.5.2018 19:03 | Tiedote
Seoul Semiconductor, a leading global innovator of LED products and technology, announces a comprehensive series of AC LED modules that use the company’s patented Acrich AC LED technology. The modules are offered in designs from 200 to 10,000 lumens in round, rectangular and linear formats. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180522006054/en/ Seoul Semiconductor Announces the Availability of a Series of AC LED Modules (Photo: Business Wire) These AC modules integrate Seoul Semiconductor’s patented Acrich AC driver technology with the company’s advanced LEDs, enabling the design of compact light fixtures with superior lighting performance, making these modules ideal for a wide range of lighting applications. “Lighting designers who are looking to significantly reduce the size, weight, and volume of their luminaire designs can select one of our standard round, rectangular, or linear AC module designs to develop a co
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme