JMI Equity promotes one to GP and another to CFO

Contrella joined JMI in 2010 while Schmitt came on board in 2009.

JMI Equity, a growth equity firm focused on investing in software companies, has promoted Larry Contrella to general partner and Maggie Schmitt to chief financial officer.

Contrella will continue to source investment opportunities and provide strategic support to JMI’s portfolio companies, while Schmitt will expand her leadership of JMI’s finance and accounting functions. Concurrent with Schmitt’s promotion, Randy Guttman has become general partner, head of operations, from his most recent title of general partner and CFO.

Contrella, Schmitt and Guttman are all based in Baltimore.

Contrella joined JMI in 2010 and most recently served as a principal at the firm. Prior to joining JMI, Contrella was an investment banking analyst in the multi-industries group at Merrill Lynch & Co.

Schmitt joined JMI in 2009 and was most recently a principal of finance. Prior to joining JMI, Schmitt was an auditor in the audit and enterprise risk services practice at Deloitte & Touche.