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SolarWinds Names Chad Reese President of Americas Sales and Global Channel

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SolarWinds (NYSE:SWI) announces the appointment of Chad Reese as its president of Americas sales and global channel. With over 25 years of experience from IBM and VMware, Reese aims to drive growth through subscription revenue and platform-based solutions. His background includes leading significant sales teams and fostering global channel alliances. The leadership expresses optimism on his impact amid the company's growth strategy, focusing on expanding customer success and leveraging a strong, loyal customer base.

Positive
  • Appointment of Chad Reese as president of Americas sales and global channel is expected to drive growth.
  • Reese has extensive experience with a successful track record in sales at IBM and VMware.
  • Focus on evolving to subscription and SaaS models aligns with current market trends.
Negative
  • None.

Former IBM, VMware leader joins company to help drive next phase of growth focused on platform-based solutions and subscription revenue

AUSTIN, Texas--(BUSINESS WIRE)-- SolarWinds (NYSE:SWI), a leading provider of simple, powerful, and secure IT management software, has named Chad Reese its president of Americas sales and global channel. A technology industry veteran with 25 years of experience serving in leadership positions at IBM® and, most recently, VMware®, Reese now leads sales at SolarWinds for the enterprise, mid-market, and SMB markets and the public sector in the Americas and is responsible for the company’s global channel ecosystem.

“Chad is a proven sales leader with experience serving multiple market segments around the world and will be a vital addition to our team as our model evolves and we execute our growth strategy,” said Andrea Webb, EVP, chief customer officer, SolarWinds. “From creating global channel programs and alliances, evolving businesses to subscription and SaaS models, and growing and leading teams domestically and abroad, Chad has successfully done it. We look forward to the impact he’ll make on our business.”

Prior to joining SolarWinds, Reese most recently served as the VMware global head of sales for the commercial customer segment, where he led his extended sales teams to drive billions in bookings worldwide.

While at IBM, Reese served as the company’s vice president of cloud and SaaS for North America, leading the sales team to grow and transform its business in cloud and SaaS software in the enterprise and commercial segments. And previously, Reese led the IBM channel business in Europe as vice president of the business partner organization while living abroad for five years with responsibility for driving billions in revenue across the company’s extended partner ecosystem.

“It’s exciting to join the talented SolarWinds team during this time of positive momentum as the company executes its growth strategy focused on delivering platform-based technologies to accelerate business transformation,” said Reese. “With a large, loyal global customer install base, a strong, historical renewal rate, an outstanding solution portfolio and roadmap, and a highly experienced senior leadership team, we’re well positioned for growth. My objective is to build a scalable, repeatable sales engine across all routes to market, and I’m excited to leverage my deep channel experience to work closely with our extended ecosystem to drive customer success globally. We have an amazing opportunity to make a difference in the marketplace, and I look forward to partnering with our teams to drive the company’s next phase of growth.”

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About SolarWinds

SolarWinds (NYSE:SWI) is a leading provider of simple, powerful, and secure IT management software built to enable customers to accelerate their digital transformation. Our solutions provide organizations worldwide—regardless of type, size, or complexity—with a comprehensive and unified view of today’s modern, distributed, and hybrid network environments. We continuously engage with technology professionals—IT service and operations professionals, DevOps and SecOps professionals, and database administrators (DBAs)—to understand the challenges they face in maintaining high-performing and highly available IT infrastructures, applications, and environments. The insights we gain from them, in places like our THWACK® community, allow us to address customers’ needs now, and in the future. Our focus on the user and our commitment to excellence in end-to-end hybrid IT management have established SolarWinds as a worldwide leader in solutions for observability, IT service management, application performance, and database management. Learn more today at www.solarwinds.com.

This press release contains “forward-looking” statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding SolarWinds’ growth strategy. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements that are not historical facts and may be identified by terms such as “aim,” “anticipate,” “believe,” “can,” “could,” “seek,” “should,” “feel,” “expect,” “will,” “would,” “plan,” “intend,” “estimate,” “continue,” or similar expressions and the negatives of those terms. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risks and uncertainties described more fully in documents filed with or furnished to the Securities and Exchange Commission, including the risk factors discussed in our Annual Report on Form 10-K for the period ended December 31, 2021 filed on February 25, 2022. All information provided in this release is as of the date hereof and SolarWinds undertakes no duty to update this information except as required by law.

The SolarWinds, SolarWinds & Design, Orion, and THWACK trademarks are the exclusive property of SolarWinds Worldwide, LLC or its affiliates, are registered with the US Patent and Trademark Office, and may be registered or pending registration in other countries. All other SolarWinds trademarks, service marks, and logos may be common law marks or are registered or pending registration. All other trademarks mentioned herein are used for identification purposes only and are trademarks of (and may be registered trademarks of) their respective companies.

© 2022 SolarWinds Worldwide, LLC. All rights reserved.

Media:

John Eddy

Goldin Solutions

Phone: +1-646-660-8648

john@goldin.com

Jenne Barbour

SolarWinds

Phone: +1-512-498-6804

pr@solarwinds.com

Investors:

Jenne Barbour

SolarWinds

Phone: +1-512-498-6804

Investors: ir@solarwinds.com

Source: SolarWinds Worldwide, LLC.

FAQ

What is the recent leadership change at SolarWinds (SWI)?

Chad Reese has been named the president of Americas sales and global channel, focusing on driving growth.

What is Chad Reese's experience before joining SolarWinds (SWI)?

Chad Reese has over 25 years of experience in sales leadership roles at IBM and VMware.

How does SolarWinds (SWI) plan to grow its business?

SolarWinds aims to expand its platform-based solutions and subscription revenue model under Chad Reese’s leadership.

When was the press release about Chad Reese's appointment published?

The press release was published on September 27, 2022.

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