Nakisa appoints Chuck Frosst as Chief Operating Officer

Nakisa appoints Chuck Frosst as Chief Operating Officer

MONTREAL, Canada - April 29, 2014 - (Nakisa), a leading provider of software solutions for SAP® Human Capital Management (HCM), today announced the appointment of Chuck Frosst to the position of Chief Operating Officer (COO).. In this role, Mr. Frosst leads the company's global Go-to-Market teams, as well as the Human Resources and Professional Services departments. With more than 25 years of experience in both senior management and in human capital management, Mr. Frosst's expertise includes executive leadership, global business management, organization and talent management, business strategy and planning..

"Chuck has a proven track record in developing corporate strategy and growing organizations globally while overseeing on-going operations. We look forward to him injecting his considerable knowledge and experience into Nakisa and being instrumental in driving the business forward during this time of rapid growth," said Babak Varjavandi, President and CEO, Nakisa.

"Nakisa's recent addition to its SAP solution extension portfolio and its expansion into new markets uniquely positions the company for growth," said Chuck Frosst. "I am looking forward to working with the first-rate team at Nakisa. This is an exciting new role at the company, which promises to be full of new opportunities as the business takes on the challenge of expanding both our product range and global footprint."

Mr. Frosst was most recently Senior Partner, VP Business Development at Baystream, which provides business improvement solutions, specializes in cloud technologies and encompasses data security, quality and content management. Prior to working at Nakisa, he also held various leadership positions at Honeywell, Nortel, and Aveos.

About Nakisa

Nakisa Inc., a recognized leader of data management and visualization solutions for SAP® solutions, helps customers better manage, track and validate their lease-related data to reduce spending, improve efficiency and ensure compliance to upcoming regulatory changes. An SAP partner since 2007, Nakisa has over 3.4 million users in 700 enterprises across 24 industries worldwide. SAP resells three Nakisa solutions under the following names: SAP Lease Administration application by Nakisa, SAP Organizational Visualization application by Nakisa, and SAP Talent Visualization application by Nakisa.

For more information, contact:
Sonia Dorais, Marketing Communications Specialist
Nakisa Inc., 733 Cathcart, Montreal, Quebec, H3B 1M6, CANADA
Tel: 514.228.2000, ext: 2286
[email protected]

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