JAGGAER Announces Supply Chain and Technology Veteran Robert Bonavito as New CEO
RESEARCH TRIANGLE PARK, NC – September 30, 2016 – Robert Bonavito, a 30-year technology, procurement and supply chain veteran has joined JAGGAER as its new CEO. JAGGAER provides the most complete, holistic, cloud-based suite of spend management and procurement solutions currently available.
JAGGAER currently has over 550 customers and 500,000 suppliers on their platform. Its customers include Sunoco, Kimberly-Clark, the United States Air Force, Starbucks and many other major corporations, universities and government agencies.
“JAGGAER is the proven procurement solutions leader within the higher education, life sciences and government spaces. We are road-mapping the company’s growth to realize the same level of success within new markets, while further expanding existing ones. We’ll be adding to our suite of solutions and aggressively pursuing the commercial, food and beverage and manufacturing sectors. This is a fantastic opportunity to take the dominant market player to the next level,” says Robert Bonavito.
“Our team built a great business and Robert Bonavito is the right person to continue our forward growth and momentum,” says Stephen Wiehe, who has stepped down as CEO.
Mr. Bonavito was most recently the Chairman of On Center Software. He has held executive roles in Fortune 500 Companies and helmed one of the most successful companies within the supply chain space. He founded and was the CEO of iTradeNetwork, a SaaS-based global provider of supply chain management solutions serving over 10,000 companies, with over $220 billion in annual commerce.
JAGGAER was acquired by Accel-KKR, a leading technology-focused private equity firm, in July 2016.
Some of the largest commercial, manufacturing and life sciences companies in the world trust JAGGAER with billions of dollars of annual spend. Additionally, JAGGAER is the leading procure-to-pay provider in the higher education and government sectors. JAGGAER eprocurement and strategic sourcing customers across the globe have gained access to the best suppliers, with the best terms, on our scalable, customizable, user-friendly platform. Our SaaS-based, source-to-settle solution provides unparalleled visibility, insights and recommendations to procurement leaders and suppliers. The result is a fluid supply chain driven by powerful spend analysis, comprehensive contract management and efficient accounts payable solutions.