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WebMethods appoints Richard Chiarello COO

11 November 2005  |  2358 views  |  0 Source: WebMethods

WebMethods, Inc. (Nasdaq: WEBM), a leading provider of business integration and optimization software, today announced the appointment of Richard P. Chiarello to the position of webMethods Chief Operating Officer (COO).

The promotion is effective immediately and fills the position previously held by David Mitchell, webMethods President and Chief Executive Officer. Mr. Chiarello joined webMethods in April 2004 as the company's executive vice president of worldwide operations, where he reported directly to Mr. Mitchell and was responsible for the company's global sales and services operations. He will continue to perform these duties in his new capacity.

"Since joining webMethods, Rich has played a significant role in our drive toward double-digit operating margins with these efforts producing the GAAP profitability that we reported in the company's most recent fiscal quarter,"
said webMethods' President and Chief Executive Officer David Mitchell. "As many have recognized, our successful embrace of solution selling under Rich's leadership has played a pivotal role in this success. During his tenure with webMethods, Rich has also earned widespread respect and admiration for his leadership, insight and passion for our business. His success in this capacity, as well as previous experience with some of the world's largest enterprise software companies, makes him the ideal person to serve in this position."

Mr. Chiarello brings nearly three decades of experience in the enterprise software market to this position. Prior to joining webMethods, he led worldwide sales for Siebel Systems, where he was credited with implementing a successful shift to solution selling. Previously, he served as Computer Associates' executive vice president of worldwide sales and channels with the company growing to more than $5 billion in annual revenues during his tenure. He was also instrumental in the early success of Computer Associates' Unicenter/TNG business, which generated more than $1 billion in the first year of the product's general availability. Mr. Chiarello holds a bachelor's degree in economics from Queens College.

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