Tiversa Appoints Griffin Schultz as New CEO

PITTSBURGH, Aug. 30, 2016 /PRNewswire/ -- The Board of Directors of Tiversa Holding Corp. announced today the appointment of Griffin Schultz as Chief Executive Officer (CEO) effective September 6, 2016.  Mr. Schultz will also join Tiversa's Board of Directors.

"Griffin is a unique fit to lead Tiversa," commented Joel Adams, Chairman of the Board. "Not only is he a strong leader with an extensive background in technology, software, and government, but he knows this business well. Griffin was a key member of the Tiversa team back in 2008.  He helped us grow the business through its early stages, and now he is back to work with the current team to take the company to the next level."

"I couldn't be more excited to re-join this incredible team at Tiversa," said Mr. Schultz.  "I believe as much in the people, technology, and opportunity today as I did when I first joined Tiversa several years ago.  It is amazing what this current team has done.  They have overcome some difficult challenges to build a strong business with a unique position in the market. I am humbled that they are giving me this opportunity to join them in dedicating our careers to ensuring that the sensitive information of people and organizations is kept safe in this increasingly dangerous digital world."

For the past eighteen years, Mr. Schultz has served in key leadership roles across several public and private technology companies that invented new markets.  He was part of the pre-IPO (initial public offering) team at FreeMarkets, one of the first true cloud-based SaaS (Software as a Solution) companies that invented the online reverse auction revolutionizing the corporate procurement space. After FreeMarkets went public and was acquired by Ariba, Mr. Schultz was part of the team that built one of the first outsourced procurement businesses in the market.  It was after his time with Ariba that Mr. Schultz first joined Tiversa as one of its first ten employees.  After his first term at Tiversa, and for the last seven years, he has been the General Manager of Predictive Solutions Corporation – a wholly- owned subsidiary of Industrial Scientific Corporation.  Predictive Solutions has made the Pittsburgh Business Times' list of fastest growing companies the last two years in a row by teaming with Carnegie Mellon University to pioneer the use of machine learning algorithms to predict and prevent workplace injuries.

Just prior to earning an MBA (Masters in Business Administration) degree from The Wharton School at The University of Pennsylvania, Mr. Schultz worked for six years in politics and government.  He was a staffer for a US Congresswoman, the Pennsylvania Finance Director on one of the 1996 Presidential Campaigns, and an Assistant Deputy Mayor for the City of Philadelphia.  Mr. Schultz' non-profit work includes serving on the Board of Corporators for the Union Dale Cemetery in Pittsburgh, PA.

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SOURCE Tiversa Holding Corp.

Related Links

http://www.tiversa.com

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