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PROS Holdings, Inc. Announces Appointment of Jennifer Biry to Board of Directors

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PROS Holdings, Inc. (NYSE: PRO) has announced the appointment of Jennifer Biry to its Board of Directors, effective August 26, 2024. Biry, who joins as an independent director, brings over 25 years of accounting, finance, and operational experience to the role. She currently serves as the Chief Financial and Operating Officer for McAfee, overseeing global finance, strategy, M&A, IT, security, sales, customer service, and procurement operations, responsible for over $2B in annual revenue.

Prior to McAfee, Biry held the position of Chief Financial Officer at WarnerMedia from 2020-2022 and various leadership roles at AT&T Communications. PROS Non-Executive Chairman Bill Russell and President and CEO Andres Reiner expressed enthusiasm about Biry's appointment, citing her valuable experience as the company scales and pursues AI-driven market opportunities.

PROS Holdings, Inc. (NYSE: PRO) ha annunciato la nomina di Jennifer Biry nel suo Consiglio di Amministrazione, con effetto dal 26 agosto 2024. Biry, che entra come amministratore indipendente, porta oltre 25 anni di esperienza in contabilità, finanza e operazioni nel ruolo. Attualmente, ricopre la carica di Chief Financial and Operating Officer per McAfee, supervisionando la finanza globale, la strategia, le operazioni di M&A, IT, sicurezza, vendite, servizio clienti e approvvigionamenti, responsabile di oltre 2 miliardi di dollari di entrate annuali.

Prima di McAfee, Biry è stata Chief Financial Officer di WarnerMedia dal 2020 al 2022 e ha ricoperto diversi ruoli dirigenziali presso AT&T Communications. Bill Russell, Presidente Non Esecutivo di PROS, e Andres Reiner, Presidente e CEO, hanno espresso entusiasmo per la nomina di Biry, citando la sua preziosa esperienza mentre l'azienda cresce e insegue opportunità di mercato alimentate dall'IA.

PROS Holdings, Inc. (NYSE: PRO) ha anunciado el nombramiento de Jennifer Biry en su Junta Directiva, con efecto a partir del 26 de agosto de 2024. Biry, quien se une como directora independiente, aporta más de 25 años de experiencia en contabilidad, finanzas y operaciones al cargo. Actualmente, se desempeña como Director Financiero y de Operaciones en McAfee, supervisando finanzas globales, estrategias, fusiones y adquisiciones, TI, seguridad, ventas, servicio al cliente y operaciones de adquisiciones, siendo responsable de más de 2 mil millones de dólares en ingresos anuales.

Antes de McAfee, Biry fue Directora Financiera en WarnerMedia del 2020 al 2022 y ocupó diversos roles de liderazgo en AT&T Communications. Bill Russell, Presidente No Ejecutivo de PROS, y Andres Reiner, Presidente y CEO, expresaron su entusiasmo por el nombramiento de Biry, citando su valiosa experiencia mientras la empresa escala y persigue oportunidades de mercado impulsadas por IA.

PROS Holdings, Inc. (NYSE: PRO)은 제니퍼 비리를 이사회의 멤버로 임명하였다고 발표했으며, 이는 2024년 8월 26일부터 효력을 발휘합니다. 독립 이사로 합류하는 비리는 25년 이상의 회계, 금융 및 운영 경력을 이 자리에 가져옵니다. 그녀는 현재 최고 재무 및 운영 책임자로서 맥아피(McAfee)에서 글로벌 재무, 전략, 인수합병, IT, 보안, 판매, 고객 서비스 및 조달 운영을 감독하며 연간 20억 달러 이상의 수익을 책임지고 있습니다.

맥아피에 합류하기 전 비리는 2020년부터 2022년까지 워너미디어에서 최고 재무 책임자 역할을 맡았고 AT&T 커뮤니케이션에서 다양한 리더십 역할을 수행했습니다. PROS의 비임원 회장인 빌 러셀과 사장 겸 CEO인 안드레스 라이너는 비리의 임명에 대해 기쁨을 표하며, 회사가 성장하며 AI 기반의 시장 기회를 추구함에 있어 그녀의 소중한 경험을 강조했습니다.

PROS Holdings, Inc. (NYSE: PRO) a annoncé la nomination de Jennifer Biry au sein de son Conseil d'Administration, à compter du 26 août 2024. Biry, qui rejoint en tant qu'administratrice indépendante, apporte plus de 25 ans d'expérience en comptabilité, finance et opérations à ce poste. Elle occupe actuellement le poste de Directrice Financière et des Opérations chez McAfee, supervisant la finance mondiale, la stratégie, les fusions et acquisitions, l'informatique, la sécurité, les ventes, le service client et les opérations d'approvisionnement, responsable de plus de 2 milliards de dollars de revenus annuels.

Avant de rejoindre McAfee, Biry a été Directrice Financière chez WarnerMedia de 2020 à 2022 et a occupé divers postes de direction chez AT&T Communications. Bill Russell, Président Non Exécutif de PROS, et Andres Reiner, Président et CEO, ont exprimé leur enthousiasme concernant la nomination de Biry, citant son expérience précieuse alors que l'entreprise se développe et poursuit des opportunités de marché axées sur l'IA.

PROS Holdings, Inc. (NYSE: PRO) hat die Ernennung von Jennifer Biry in seinen Vorstand bekannt gegeben, die ab dem 26. August 2024 wirksam wird. Biry, die als unabhängige Direktorin eintritt, bringt über 25 Jahre Erfahrung in den Bereichen Rechnungswesen, Finanzen und Betrieb in diese Rolle ein. Derzeit ist sie Chief Financial and Operating Officer bei McAfee, wo sie die globale Finanzen, Strategie, M&A, IT, Sicherheit, Vertrieb, Kundenservice und Beschaffungsoperationen überwacht, verantwortlich für über 2 Milliarden Dollar an jährlichen Einnahmen.

Vor ihrer Zeit bei McAfee war Biry von 2020 bis 2022 Chief Financial Officer bei WarnerMedia und hatte verschiedene Führungspositionen bei AT&T Communications inne. Bill Russell, nicht geschäftsführender Vorsitzender von PROS, und Präsident und CEO Andres Reiner äußerten sich begeistert über Birys Ernennung und hoben ihre wertvolle Erfahrung hervor, während das Unternehmen wächst und AI-gestützte Marktchancen verfolgt.

Positive
  • Appointment of Jennifer Biry, an experienced leader with 25+ years in finance and operations
  • Biry's current role overseeing $2B+ annual revenue at McAfee
  • Addition of independent director to the board, potentially improving corporate governance
  • Biry's expertise aligns with PROS' focus on AI-powered solutions and market expansion
Negative
  • None.

HOUSTON--(BUSINESS WIRE)-- PROS Holdings, Inc. (NYSE: PRO), a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions, today announced the appointment of Jennifer Biry to its Board of Directors effective August 26, 2024. Biry joins the Board as an independent director.

A seasoned leader with over 25 years of accounting, finance and operational experience, Biry serves as Chief Financial and Operating Officer for McAfee, a global leader in online protection for consumers. Biry joined McAfee in 2022 and leads the global finance, strategy, M&A, IT, security, sales, customer service and procurement operations, responsible for overseeing over $2B in annual revenue. Prior to McAfee, Biry served as Chief Financial Officer for WarnerMedia from 2020-2022, and previously in various leadership roles with AT&T Communications, including Sr. Vice President and Chief Financial Officer of AT&T Communications Consumer segment.

“I am thrilled to welcome Jennifer to PROS Board,” said PROS Non-Executive Chairman of the Board Bill Russell. “As PROS increases in scale, her leadership, finance and operational experience will be a great resource for us as we continue to create greater long-term value for our shareholders.”

“We are proud to welcome such a distinguished leader to the PROS Board,” said PROS President and CEO Andres Reiner. “Jennifer’s extensive operational expertise makes her an invaluable partner as we scale our business and seize the incredible market opportunity in front of us as companies continue to embrace AI to drive impactful business outcomes.”

“I am truly honored to join the PROS Board of Directors at a time where businesses around the world are increasingly embracing AI solutions,” said Biry. “I look forward to working with the team and sharing my experience and knowledge to help the company further drive success and create shareholder value.”

Russell Reynolds advised the company in the Board search process.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions. Our vision is to optimize every shopping and selling experience. With nearly 40 years of industry expertise and a proven track record of success, PROS helps B2B and B2C companies across the globe, in a variety of industries, including airlines, manufacturing, distribution, and services, drive profitable growth. The PROS Platform leverages AI to provide real-time predictive insights that enable businesses to drive revenue and margin improvements. To learn more about PROS and our innovative SaaS solutions, please visit our website at www.pros.com.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about our outlook; expectations; ability to achieve future growth and profitability goals; management's confidence and optimism; and positioning. The forward-looking statements contained in this press release are based upon our historical performance and our current plans, estimates and expectations and are not a representation that such plans, estimates or expectations will be achieved. Factors that could cause actual results to differ materially from those described herein include, among others, risks related to: (a) cyberattacks, data breaches and breaches of security measures within our products, systems and infrastructure or products, systems and infrastructure of third parties upon whom we rely, (b) the macroeconomic environment and geopolitical uncertainty and events, (c) increasing business from customers, maintaining subscription renewal rates and capturing customer IT spend, (d) managing our growth and profit objectives effectively, (e) disruptions from our third party data center, software, data, and other unrelated service providers, (f) implementing our solutions, (g) cloud operations, (h) intellectual property and third-party software, (i) acquiring and integrating businesses and/or technologies, (j) catastrophic events, (k) operating globally, including economic and commercial disruptions, (l) potential downturns in sales and lengthy sales cycles, (m) software innovation, (n) competition, (o) market acceptance of our software innovations, (p) maintaining our corporate culture, (q) personnel risks including loss of any key employees and competition for talent, (r) expanding and training our direct and indirect sales force, (s) evolving data privacy, cyber security, data localization and AI laws, (t) our debt repayment obligations, (u) the timing of revenue recognition and cash flow from operations, and (v) returning to profitability. Additional information relating to the risks and uncertainties affecting our business is contained in our filings with the SEC. These forward-looking statements represent our expectations as of the date hereof. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise.

PROS Investor Relations

Belinda Overdeput

713-335-5879

ir@pros.com

PROS Media Contact

Amy Williams

awilliams@pros.com

Source: PROS Holdings, Inc.

FAQ

When will Jennifer Biry join PROS Holdings (PRO) Board of Directors?

Jennifer Biry will join PROS Holdings (NYSE: PRO) Board of Directors effective August 26, 2024.

What is Jennifer Biry's current role outside of PROS Holdings (PRO)?

Jennifer Biry currently serves as the Chief Financial and Operating Officer for McAfee, a global leader in online protection for consumers.

How much annual revenue does Jennifer Biry oversee in her current role?

In her role at McAfee, Jennifer Biry is responsible for overseeing over $2 billion in annual revenue.

What previous positions has Jennifer Biry held before joining PROS Holdings (PRO) board?

Before joining PROS, Jennifer Biry served as Chief Financial Officer for WarnerMedia from 2020-2022 and held various leadership roles with AT&T Communications, including Sr. Vice President and CFO of AT&T Communications Consumer segment.

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