Welcome!

Recurring Revenue Authors: Elizabeth White, Yeshim Deniz, XebiaLabs Blog, Patrick Hubbard, Peter Silva

News Feed Item

Rainmaker Systems Appoints Mallorie Burak Chief Financial Officer

Incoming CFO to Join CEO Donald J. Massaro in Today's Investor Conference Call to Introduce Newly Appointed Leadership

CAMPBELL, CA -- (Marketwire) -- 01/17/13 -- Rainmaker Systems, Inc. (NASDAQ: RMKR), a leading global e-Commerce software company that helps multi-national companies address the B2B market by maximizing sales revenue for their products and services, announced today that it has appointed Mallorie Burak as the company's Chief Financial Officer, effective January 24, 2013.

Ms. Burak will be responsible for all of the company's finance operations, which will be migrated to Rainmaker's Silicon Valley headquarters in Campbell, CA. Ms. Burak will succeed Timothy Burns, who is assisting with the finance migration from his office at the company's Austin, Texas, facility. Upon the completion of the transition, Mr. Burns intends to leave the company to pursue other interests in the Austin area.

"Mallorie Burak is a highly capable and strategic CFO," said Rainmaker Chief Executive Officer Donald J. Massaro, who joined the company last month. "She will be central to a new executive team that is launching a comprehensive 2013 initiative designed to convert Rainmaker's technology leadership into market leadership. Our immediate goal is to quickly enable Rainmaker to leverage our Grow Commerce platform's extensive scale and achieve strong, sustainable growth and profitability. Our first action to pave the way for this initiative is to migrate finance operations currently residing in our Austin, Texas facility and bring them under one roof at corporate headquarters in Silicon Valley. We are especially grateful to Mallorie's Austin-based predecessor, Tim Burns, for helping to manage this transition. Tim has served admirably in a number of executive management roles at Rainmaker. We appreciate Tim's contributions and commitment during his tenure at Rainmaker, and we wish him well in his future endeavors."

"I am extremely energized to join my longtime mentor Don Massaro and the extraordinary team he is bringing together at Rainmaker Systems," Ms. Burak said. "We are committed to a long-term strategy and financial plan necessary to achieve rapid growth, high gross margins, sustainable profitability and a strong balance sheet -- which all translate into greater performance for shareholders."

With more than two decades of financial management, strategic insight and profitable growth experience, Ms. Burak officially assumes her duties on January 24. She will join Rainmaker from Foodlink, where she was Chief Financial Officer. Ms. Burak has worked with companies ranging from start-ups, to Fortune 500 global leaders. Under her leadership as Principal Financial Officer at Southwall Technologies, the company returned to profitability and strengthened its balance sheet significantly, enabling investment in new growth opportunities and global expansion. Before joining Southwall, she was Finance Director for the Communications Global Business Unit at Oracle Corporation. Prior to Oracle, Ms. Burak served as Director of Revenue at Portal Software (acquired by Oracle). She has also held various financial management positions with Silicon Valley companies, including Hewlett Packard, TrueSAN Networks, and Zilog.

Ms. Burak holds an MBA and B.S. in Business Administration from San Jose State University.

Investor Conference Call Today

Rainmaker Systems has scheduled an investor conference call to introduce newly appointed Chief Executive Officer Donald J. Massaro and incoming Chief Financial Officer Mallorie Burak. The investor call is scheduled for 1:30 p.m. Pacific Standard Time (4:30 p.m. EST) Thursday, January 17, 2013.

What: Rainmaker Investor Call to Introduce Newly Appointed CEO Donald J. Massaro and incoming CFO Mallorie Burak

When: Thursday, January 17, 2013, at 1:30 p.m. Pacific Standard Time (4:30 p.m. EST)

Webcast: A live and archived webcast of the conference call can be accessed from the investors section of Rainmaker's website at www.rainmakersystems.com.

Dial In: To access the live call, dial 1 866-696-5910 and request the "Rainmaker" call. Passcode 5253422.

Replay: An audio replay of the conference call can be accessed at 1 800-408-3053. The replay will be available starting two hours after the call and remain in effect for one week. The required pass code is 4544079.

For more information on Rainmaker products and solutions, visit
http://www.rainmakersystems.com/solution.html.

About Rainmaker

Rainmaker is an e-Commerce software company that helps multi-national companies address the B2B market by maximizing sales revenue for their products and services. The Rainmaker e-Commerce platform can be enhanced with Rainmaker global customer assist agents to maximize revenue and customer satisfaction throughout the entire customer life cycle. For more information, visit http://www.rainmakersystems.com or call 800-631-1545.

CONTACT:
Robert Ferri Partners
Robert Ferri
415-575-1589 (direct)
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settle...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, Cloud Expo and @ThingsExpo are two of the most important technology events of the year. Since its launch over eight years ago, Cloud Expo and @ThingsExpo have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, I provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading the...
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
There are 66 million network cameras capturing terabytes of data. How did factories in Japan improve physical security at the facilities and improve employee productivity? Edge Computing reduces possible kilobytes of data collected per second to only a few kilobytes of data transmitted to the public cloud every day. Data is aggregated and analyzed close to sensors so only intelligent results need to be transmitted to the cloud. Non-essential data is recycled to optimize storage.