Syniti Appoints Fortune 50 CIO Paula Tolliver to its Board of Directors
Furthering the Company’s Customer Focus, Growth, Execution, and Diversity
Boston, MA – August 11, 2020 – Syniti, an industry leading enterprise data solution provider specializing in data operations and data transformation, announced today the appointment of Paula Tolliver to its Board of Directors.
“We are excited to welcome Paula to our Board of Directors. Her deep experience and success in helping companies’ digital transformation makes her an excellent addition to the Board,” said Bill Green, Syniti Board Chairman and former Chairman and CEO, Accenture.
Kevin Campbell, CEO, Syniti, said, “It’s an honor to have Paula join our Board of Directors. Her track record in designing and leading large-scale business and IT transformation initiatives in complex global environments is the art of the possible for many of our customers we serve. Paula will help deepen our customer success focus with an added inclusive view at the same time.”
Paula was Chief Information Officer and Chief Digital Officer at Intel Corporation where she was accountable for corporate wide global IT strategy and operations. Prior to joining Intel, Tolliver was Corporate VP of Business Services and Chief Information Officer at Dow Chemical where she was a long-time customer of BackOffice Associates which was re-named to Syniti in May 2019. While at Dow Chemical, Paula oversaw a portfolio of business services including procurement, advanced analytics, and cyber security. She also drove several key initiatives including building a new services business unit with revenues over $1B.
“I am thrilled to be a part of the transformation journey Syniti is leading for its customers, partners, and the company itself. Data is a critical corporate asset and should be managed and used strategically with the potential to monetize its value. I am pleased to see Syniti continue to innovate, helping businesses modernize their digital infrastructure with a data-first perspective. I look forward to working closely with fellow Board members and the Syniti leadership team in the next chapter of the company’s transformation,” said Tolliver.
Paula is an active ambassador for the Humane Society and a champion for women in STEM and inclusion initiatives.
Alok Singh, CEO, Bridge Growth Partners LLC and majority owner of Syniti, said, “At Bridge Growth Partners, we have a long history of success in attracting very senior corporate executives as board members at our portfolio companies. Paula’s first-hand experience of Syniti’s unique value to its customers is a great addition to the business.” Bridge Growth Partners is a private equity firm that targets investments in the technology and technology-enabled services sectors. The firm is committed to relationship-based investing, with a focus on supporting growth, operational excellence and world-class governance at its portfolio companies to create value for investors.
Other members of the Board include Dave Barnes, former CIO, UPS; Kevin Campbell, CEO, Syniti; Peter Griffiths, former Executive Vice President, Enterprise Products & Technology, Computer Associates; Steve Mills, former Executive Vice President, Software & Cloud, IBM; Kevin Reid, Co-Founder & former CEO, Virtustream; Bill Teuber, former CFO and Vice Chairman, EMC; and Joe Tucci, former Chairman and CEO, EMC. Ken Hamel, Executive Vice President, SAP, is an observer of the Syniti Board.
Syniti, was founded in 1996 to solve business’ complex data challenges, bring synergy between data and business, and deliver confidence and progress along clients’ business transformation journey. Through a combination of unique data expertise, services, and intelligent software leveraging artificial intelligence and machine learning, Syniti helps clients manage their data journey from data conversion to data quality, data archival and replication, master data management, analytics, information governance, and data strategy. Syniti is a portfolio company of private equity firm Bridge Growth Partners LLC.
According to a just released IDC White Paper, The Business Value of SAP Advanced Data Migration by Syniti, co-sponsored by SAP and Syniti, clients using SAP Advanced Data Migration by Syniti experienced significant business values, such as::
· 303 percent three-year return on investment with an average eight-month payback on investment
· 46 percent faster completion of data migration projects
· 96 percent reduction of unplanned downtime
The IDC White Paper, sponsored by Syniti and SAP, “The Business Value of SAP Advanced Data Migration by Syniti” was published June 2020 and is available for download at https://www.idc.com.