Verint Announces Newly Elected Board Members

Rhea-AI Summary

Verint (Nasdaq: VRNT) has announced the election of two new board members, Linda Crawford and Reid French, during its annual meeting held on June 17. Crawford has extensive experience in cloud software, previously serving at Salesforce and Helpshift. French, a seasoned software industry executive, formerly led Applied Systems, driving substantial revenue growth. Chairman and CEO Dan Bodner highlighted their SaaS expertise as a valuable addition to the board. Verint continues to enhance its customer engagement solutions leveraging AI and analytics.

Positive

• Election of experienced board members enhances leadership.
• Linda Crawford's extensive SaaS background supports go-to-market strategies.
• Reid French's revenue growth experience may drive shareholder value.

Negative

• None.

Verint^® (Nasdaq: VRNT), The Customer Engagement Company^™, today announced its newly elected board of directors, following the conclusion of its annual meeting of stockholders on June 17. The elected board includes nine directors two of whom are new members, Linda Crawford and Reid French, technology industry veterans with extensive cloud and operational experience.

Linda Crawford is an experienced cloud software executive and board member with a strong record of driving successful go-to-market strategies for Software-as-a-Service (SaaS) companies. Crawford was EVP of Sales Cloud at Salesforce.com, Chief Revenue and Customer Officer at Optimizely (digital engagement SaaS solutions), and most recently was CEO of Helpshift (customer service SaaS solutions).

Reid French is an experienced software CEO and board member with a demonstrated history of creating shareholder value for both public and private equity backed software companies. Most recently, French was CEO at Applied Systems where under his leadership the company significantly increased revenue through both organic growth as well as a successful M&A program.

“I am pleased to welcome Linda and Reid to Verint’s board as we continue to build category leadership with our open cloud platform,” says Verint Chairman and CEO Dan Bodner. “They each bring extensive SaaS and operational experience that complements our already strong board.”

About Verint Systems Inc.
Verint^® (Nasdaq: VRNT) helps the world’s most iconic brands – including over 85 of the Fortune 100 companies – build enduring customer relationships by connecting work, data and experiences across the enterprise. The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement^™ to help customers close The Engagement Capacity Gap™.

Verint. The Customer Engagement Company^™. Learn more at Verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2021, our Quarterly Report on Form 10-Q for the quarter ended April 30, 2021, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

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FAQ

Who are the newly elected board members of Verint?

The newly elected board members are Linda Crawford and Reid French.

What is Linda Crawford's background?

Linda Crawford is an experienced cloud software executive with a history at Salesforce and Helpshift.

What experience does Reid French bring to Verint's board?

Reid French has a proven track record of creating shareholder value, having led Applied Systems with significant revenue growth.

When was the annual meeting of Verint stockholders held?

The annual meeting was held on June 17.

What is Verint's focus in the market?

Verint focuses on customer engagement solutions utilizing AI, analytics, and an open cloud architecture.