Demandware Appoints Charles Kane to Board of Directors

WOBURN, Mass., May 24 /PRNewswire/ -- Demandware, Inc., the global leader in on-demand ecommerce, today announced that Charles Kane has joined Demandware's board of directors. Kane joins the Demandware board of directors with more than 20 years of senior executive-level experience including chief financial officer positions at RSA Security (now a part of EMC Corporation), Aspen Technology and Informix Software (now a part of IBM) as well as the role of president and CEO at Corechange.

Most recently, Kane held several executive positions at "One Laptop per Child" (OLPC), a non-profit organization founded at Massachusetts Institute of Technology that provides computing and Internet access for students in the developing world. He joined OLPC from Global BPO Services, a special purposes acquisition company where he was a founding investor and executive officer and played a pivotal role in raising $250 million in capital to purchase Stream Global Services (SGS). Before joining Global BPO, Kane was the chief financial officer at RSA Security, a provider of security software, which was acquired by EMC Corporation. In addition he was CFO at Aspen Technology, a leading supplier of operations management software to the process industries; president and CEO at Corechange, Inc., an enterprise software company acquired by Open Text Corporation; and CFO of Informix Software, a database software provider acquired by IBM Corporation. Earlier in his career, Kane also held senior financial positions with Stratus Computer, Inc., Prime Computer Inc., and with Deloitte and Touche LLP.

"Demandware is known for being a boldly innovative company while providing a superior and reliable ecommerce platform for some of the world's largest retailers. We believe Chuck will be a great addition to our Board for a similar reason, providing a new perspective that is ultimately rooted in years of experience," said Tom Ebling, CEO of Demandware. "We are pleased to have Chuck join our Board and look forward to his insight as we continue to grow and expand our footprint in the ecommerce industry."

"Demandware is a visionary in the ecommerce platform market, breaking the barriers to innovation and enabling retailers to provide consumers with an unmatched online shopping experience," said Kane. "With a fast-growing client roster that includes some of the world's leading brands, I look forward to working with the Demandware team to continue this momentum and confidently meet the challenges of future ecommerce demands, whatever they may be."

In addition, Kane serves on the Board of Directors of Progress Software, Netezza Corporation, Applix Software (sold to Cognos Corporation), and Borland Software (sold to Micro Focus Corporation). He is an adjunct professor of International Finance at the MIT Sloan Graduate Business School of Management and is a frequent speaker at national events related to international financial strategies as well as social entrepreneurship. Kane holds an MBA degree in International Finance from Babson College and a BBA in Accountancy from the University of Notre Dame and is a Certified Public Accountant. 

About Demandware, Inc.

The trusted, global leader in on-demand ecommerce, Demandware revolutionizes how businesses deliver customized shopping experiences to consumers in the digital world. Only Demandware combines the on-demand ecommerce platform rated #1 by industry analysts, an open ecosystem of partners that extend the value of the platform, and measurable commitment by its employees to enabling client revenue growth. Demandware continually sets industry standards for market innovation and client satisfaction. Demandware clients include industry leaders such as Bare Escentuals, Barneys New York, Columbia Sportswear, Crocs, Frederick's of Hollywood, Hanover Direct, Jones Apparel Group, Lifetime Brands, Michaels Stores, Panasonic, Playmobil and Reitmans. For more information about Demandware, visit www.demandware.com, call 888-553-9216 or email [email protected].

SOURCE Demandware, Inc.

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