1. Sean Wechter appointed as Thryv's new Chief Technology Officer. 2. Wechter brings extensive experience in scaling SaaS platforms. 3. Thryv aims to transition into a product-led organization. 4. New tech leadership supports growth toward $1 billion revenue. 5. Wechter's focus includes infrastructure, AI, and product engineering.
Appointment of a seasoned CTO typically boosts investor confidence and company prospects, similar to industry examples where leadership changes resulted in market increases.
The leadership change is pivotal for Thryv's SaaS transformation and growth objectives, impacting stakeholder perspectives.
Strategic leadership changes can take time to reflect in stock performance, as seen in companies like Microsoft post-new executive hires.
Executive hire to play critical role in Thryv's SaaS transformation
Thryv Holdings, Inc. (NASDAQ:THRY), provider of the leading small business marketing and sales software platform, today announced that Sean Wechter has joined the company as Chief Technology Officer. A veteran technology leader, he joins Thryv with a proven track record in leading high-growth SaaS organizations through periods of strategic change. Technology has been a driving force behind Thryv's evolution into a half-billion-dollar enterprise. As the company sets its sights on reaching the $1 billion milestone, the addition of a Chief Technology Officer to the Executive Team marks a strategic step forward. With a sharp focus on infrastructure, tech stack, AI, security and product engineering, Wechter's leadership will help ensure Thryv continues to maintain its competitive edge.
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A veteran technology leader, Wechter joins Thryv with a proven track record in leading high-growth SaaS organizations through periods of strategic change.
"Sean has deep expertise in scaling platforms, building customer-first products, and aligning cross-functional teams," said Grant Freeman, President of Thryv. "His technical vision and leadership will be critical to Thryv as we complete the company's SaaS transformation."
Wechter joins Thryv from Boomi, where he served as Chief Information Officer. His 20+ year career spans technology, software and media organizations including PwC, Dell, Comcast, NBC and Qlik.
"I'm honored to join Thryv at such a pivotal time," said Wechter. "The team has built a strong foundation and I'm excited to help shape what comes next as we evolve into a product- and platform-led organization. I look forward to helping unlock new possibilities for our clients and drive meaningful, sustainable growth through technology."
About Thryv
Thryv Holdings, Inc. (NASDAQ:THRY) is the provider of the leading sales and marketing platform designed to help small businesses attract new and repeat customers. Thryv software offers SMBs everything they need to manage day-to-day operations and grow efficiently. The platform's AI-supported marketing and business automations help business owners save time, compete, and win. More than 100K businesses globally use Thryv software to connect with customers and run and grow their business. For more information, visit www.thryv.com.
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Media Contact:
Julie Murphy
Thryv, Inc.
617.967.5426
julie.murphy@thryv.com
Investor Contact:
Cameron Lessard
Thryv, Inc.
cameron.lessard@thryv.com