Current Analysis Names Tim Dowd as New President and CEO
STERLING, Va., Aug. 22, 2011 /PRNewswire/ -- Current Analysis, a pioneer and global leader in online, real-time competitive intelligence for leading technology companies, today announced that it has named Tim Dowd as its new President and CEO. Dowd, former President and CEO of INPUT, will succeed Ray Keneipp, who spent over 10 years helping grow Current Analysis to the profitable business that it is today.
Mr. Dowd brings 25 years of extensive experience leading growth-oriented information and technology-enabled service organizations, maintaining high integrity and driving record growth and profitability through M&A and organizational development
As CEO of INPUT, Dowd oversaw a $30 million authority on government businesses providing comprehensive procurement and market information, consulting, sales management tools, and educational and networking events to federal, state, and local government businesses. He was recruited to INPUT in 2008 by the Board of Directors to revitalize the organization and drive operating performances. In two years, he drove revenues from $22 million to $30 million and established profitability, building from a $1 million EBITDA loss to $4.5 million EBITDA. Dowd established INPUT as a leading provider of government opportunity research and an industry thought leader, resulting in a record increased value for the company and the sale of INPUT to Deltek in 2010 for $60 million.
Prior to his senior posts at INPUT, Dowd was the President of USIS (now Altegrity) Commercial Services Division (CSD). Working directly with the CEO, he directed all business operations, including M&A activities, for the $200 million business unit. Through strategic identification of key markets and acquisition targets, he improved capabilities and market share, increasing revenue by 31% and earnings by 91%. Dowd led the CSD due diligence process in support of the $1.5 billion acquisition of USIS by Providence Equity Partners from Welsh Carson in 2008.
Mr. Dowd began his career in 1986 with General Electric Company as one of only 35 new hires accepted annually into the GE Information Services Management Program (ISMP). During his 16-year tenure with GE, Dowd rapidly progressed through several leadership roles in GE's Global Exchange Services (GXS) group and later in GE Capital, serving as Executive Vice President and Officer of Calling Card Services and Executive Vice President and Officer of Sales and Marketing.
Mr. Dowd currently serves on the Board of Directors for eScreen, Inc., a $100 million private equity-backed healthcare technology company. As a member of the Audit and Compensation Committees, he is instrumental in orchestrating strategic acquisitions.
"We are excited to have Tim take the helm," said Jeff Davison, Current Analysis' Board Chair. "Not only does he bring the depth and breadth of information and technology-enabled service organizations and management expertise that will be instrumental in our global expansion, but he already has an extensive knowledge of the organization."
"I am honored to be joining Current Analysis as President and CEO," said Mr. Dowd. "Current Analysis has long been a leader and an innovator in the Competitive Intelligence space. I'm very proud to have the opportunity to help build on that tradition, as Current Analysis continues to reach globally. Even further, I'm thrilled to help build upon the solid business foundation and industry reputation in leading the organization to greater success. With a volatile economy, there are greater needs today to be able to assess the market quickly and make better business decisions than ever before, and I look forward to helping Current Analysis continue to expand its leadership in that crucial effort."
About Current Analysis
Current Analysis (http://www.currentanalysis.com) has been helping leading technology companies improve their market intelligence since 1997. Sales teams, product managers, and marketing professionals rely on Current Analysis for the latest competitive analysis and tactical advice. Current Analysis' structured, rapid competitive response solutions help companies improve their business performance and create a repeatable process advantage over competitors. The company serves more than 30,000 users at over 200 enterprise clients across the telecommunications, networking and business software industries.
Media Contact:
Natalie Spinelli
Marketing Communications Director
Current Analysis
+1 703-788-3644
[email protected]
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE Current Analysis
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