Bandwidth Announces Global Software Sales Executive Sandy Preizler As Chief Revenue Officer

Rhea-AI Summary

Bandwidth Inc. (NASDAQ: BAND) has appointed Sandy Preizler as the Chief Revenue Officer, effective April 18, 2022. Preizler brings over 25 years of experience, having successfully driven revenue and profitability at major firms like NCR, Avaya, and Cisco. His achievements include managing nearly $1 billion in sales at NCR and growing revenue to $1.1 billion at Avaya. Preizler aims to enhance Bandwidth's performance-driven sales culture and capitalize on global market opportunities to accelerate growth and strengthen customer relationships.

Positive

• Sandy Preizler's extensive experience in driving revenue growth at NCR and Avaya.
• Successful management of close to $1 billion in sales at NCR, with five consecutive years of exceeding targets.
• Potential for growth through Preizler's focus on performance-based sales and building customer relationships.

Negative

• None.

Hands-on leader consistently exceeded revenue and profitability goals for billion-dollar cloud and software portfolios at NCR, Avaya, Cisco, Symbol (Motorola)

RALEIGH, N.C., March 29, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced that Sandy Preizler will be joining the company in the newly created position of Chief Revenue Officer (CRO), effective April 18. In his 25-year career, Preizler consistently exceeded revenue and profitability goals for billion-dollar cloud and software portfolios at NCR, Avaya, Cisco and Symbol Technologies (now Motorola) by building strong teams, developing new markets, launching new channel strategies and growing customer partnerships–from small and medium businesses to the largest global enterprises.

"Sandy is an exceptional, hands-on leader with a gift for building lasting customer relationships and inspiring global teams while delivering breakthrough results," said Anthony Bartolo, Bandwidth's Chief Operating Officer. "He is the perfect person to create the CRO position at Bandwidth, help accelerate growth and deliver on our mission to be the global platform of choice powering digital transformation for the enterprise."

"I'm very impressed with Bandwidth's strong customer partnerships, global market opportunity and unique service-oriented culture," said Preizler. "I can't wait to build on the performance-based approach to selling at Bandwidth while fostering a fun environment of accountability and results."

Most recently, Preizler was Senior Vice President of Global Sales for the Hospitality division of NCR Inc., overseeing close to $1 billion in sales of cloud and licensed software, managed and professional services, and hardware to the global hospitality market. He exceeded sales targets five years in a row, grew topline revenue while transforming to a recurring revenue model and expanded margins by driving subscriptions, optimizing software and services mix and streamlining costs. He also developed top-level CEO and CIO relationships across the category.

Earlier, Preizler had similar accomplishments as Worldwide Head of Sales for Avaya's Service Provider business–growing revenue to $1.1 billion–and as Worldwide Head of Channels and Distribution at Symbol Technologies Inc. (now Motorola), where he led $1.2 billion in revenue via 40 global distributors, 10,000 reselling partners and 300 independent software vendor partners. He began his career at Cisco, where he was ranked No. 1 U.S. channel sales director two years in a row and also grew bookings 25 percent from flat growth the year before in the Service Provider business across EMEA (based in Paris).

Preizler received a bachelor's degree in Computer Science from Queens College, City University of New York, where he was captain of the water polo team that won an NCAA Division II national championship. He is a co-founder and serves on the board of Rock Steady Boxing Westchester, which helps people with Parkinson's disease improve their quality of life through a non-contact, boxing-based fitness curriculum.

About Bandwidth Inc.
Bandwidth (NASDAQ: BAND) is a global communications software company that helps enterprises connect people around the world with cloud-ready voice, messaging and emergency services. Backed by a network reaching 60+ countries covering 90 percent of global GDP, companies like Cisco, Google, Microsoft, RingCentral, Uber and Zoom use Bandwidth's APIs to easily embed communications into software and applications. Bandwidth has more than 20 years in the technology space and was the first Communications Platform-as-a-Service (CPaaS) provider offering a robust selection of APIs built on our own global network. Our award-winning support teams help businesses around the world solve complex communications challenges every day. More information is available at www.bandwidth.com.

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SOURCE Bandwidth Inc.

FAQ

What is the significance of Sandy Preizler's appointment as CRO for Bandwidth?

Sandy Preizler's appointment as Chief Revenue Officer is significant as he brings a proven track record of exceeding revenue goals and enhancing profitability in major tech firms, which could drive Bandwidth's growth.

When will Sandy Preizler start his role as Chief Revenue Officer at Bandwidth?

Sandy Preizler will officially start his role as Chief Revenue Officer at Bandwidth on April 18, 2022.

How has Sandy Preizler impacted previous companies before joining Bandwidth?

Before joining Bandwidth, Sandy Preizler led significant revenue growth at companies like NCR and Avaya, achieving nearly $1 billion in sales at NCR and growing Avaya's revenue to $1.1 billion.

What are Bandwidth's main services?

Bandwidth provides cloud-ready voice, messaging, and emergency services, utilizing a global network that covers over 60 countries.

How does Bandwidth plan to leverage Sandy Preizler's expertise?

Bandwidth plans to leverage Sandy Preizler's expertise in driving sales and customer relationships to accelerate growth and enhance its performance-driven culture.