HEAT Software, which is backed by Clearlake Capital, has named John Ferron as CEO. Ferron wil be succeeding Jonathan Temple, who has retired as president and CEO effective immediately. Ferron is CEO of NetMotion Wireless. Based in Milpitas, California, HEAT Software is a provider of hybrid service management and unified endpoint management software solutions.
Milpitas, Calif. – 11 January 2016 – HEAT Software, a leading provider of Service Management (SM) and Unified Endpoint Management (UEM) software solutions, today announced that as part of a planned transition, Jonathan Temple will be retiring as the Company’s President & Chief Executive Officer effective immediately. Clearlake Capital has appointed John Ferron, who previously served as the Company’s Executive Chairman, as the new Chief Executive Officer of the Company.
“As the founding CEO of HEAT Software, Jonathan helped us create the business via the successful merger of FrontRange and Lumension back in February of 2015. At that time Jonathan indicated that he wanted to pursue other professional interests and in respect of that we have been planning for this transition ever since,“ said Prashant Mehrotra, Partner at Clearlake Capital. “Jonathan has set a clear vision for Heat Software and positioned the Company for long-‐term success.”
Ferron has been associated with Clearlake since its inception in 2007 and is a seasoned operational executive with a proven track record of integrating, building and growing successful businesses. John remains CEO of NetMotion Wireless, a leading provider of mobile security and enterprise mobility management solutions and prior to that he was President and CEO of Purple Communications.
“Starting with FrontRange 4 years ago, it has been a privilege and a highlight of my professional career to work alongside such a dedicated and talented team and to serve our clients and partners worldwide,” said Temple. “Now as HEAT Software, we have developed and are executing a plan that will serve as a foundation for continued value creation and success, but as planned, now is the logical time for me to turn the reins over to John Ferron. I am committed to supporting a seamless transition and have great confidence in HEAT Software’s ability to continue to thrive under John’s leadership.”
“I am honored to succeed Jonathan as HEAT Software’s next CEO,” said Ferron. “I will be working closely with the Board, Jonathan and the rest of the management team to ensure a smooth leadership transition. My focus will be on accelerating execution of our operational and strategic plan while continuing to deliver long-‐term value for our shareholders, clients and partners well into the future.”
For more information about HEAT Software, please follow us at @HEAT_Software and visit us at: www.heatsoftware.com.
HEAT is a registered trademark of HEAT Software or its affiliates in other countries. PatchLink is a trademark of Lumension Security, Inc., a HEAT Software company. All other brand and product names are trademarks or registered trademarks of their respective holders.
About HEAT Software
HEAT Software is a leading provider of Hybrid Service Management and Unified Endpoint Management software solutions for organizations of all sizes. With its suite of applications, HEAT Software is the only company in the world that provides, from a single platform, Service Management and Unified Endpoint Management software on-‐premise and in the cloud. HEAT manages millions of service interactions and millions of endpoints every day for thousands of leading organizations across IT, HR, Facilities, Finance, Customer Service and other enterprise functions. Its customers deliver world-‐class service while maximizing operational efficiencies with reduced cost and complexity.
About Clearlake Capital Group
Clearlake Capital Group, L.P. is a private investment firm with a sector-focused approach. The firm seeks to partner with world-class management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational and strategic expertise. The firm’s core target sectors include technology, communications and business services; industrials, energy and power; and consumer products and services. Clearlake currently has over $3.2 billion of assets under management. More information is available at www.clearlakecapital.com