Reynolds C. Bish to change into Government Chairman of the Board & Robert Watson named Chief Monetary Officer
Tungsten Automation Company (“Tungsten Automation” or “the Firm”), a number one supplier of AI-powered doc and workflow automation options backed by Clearlake Capital Group, L.P. (along with its associates, “Clearlake”) and TA Associates (“TA”), introduced the promotion of Peter Hantman to Chief Government Officer and his appointment as a Member of the Board of Administrators, and the appointment of Robert Watson as Chief Monetary Officer, each efficient as of July 1, 2025. Mr. Hantman succeeds Reynolds C. Bish, who will proceed to serve the Board of Administrators of the Firm (the “Board”) in his newly appointed function as Government Chairman of the Board.
Mr. Hantman joined the Firm as President and Chief Working Officer in November 2023 and assumed accountability for gross sales, providers, product administration, technique and advertising. Since then, he has pushed development whereas finishing the transition to a SaaS recurring income mannequin, and can now lead the Firm going ahead in his function as Chief Government Officer, managing the manager administration staff whereas accelerating development and innovation.
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“I’m honored to change into Chief Government Officer at such an vital time in our buyer’s transformation to GenAI enabled doc and workflow automation,” stated Mr. Hantman. “Tungsten Automation has constructed a robust basis of buyer belief, companion collaboration and devoted workers at scale, and I look ahead to proceed accelerating worth creation for our prospects, companions, workers and shareholders.”
With over 30 years’ expertise in expertise firms, Mr. Hantman has a confirmed monitor report of success in scaling excessive development enterprise SaaS firms whereas affecting enterprise transformation. Previous to becoming a member of Tungsten Automation, he served as Chief Working Officer of e2open, a publicly listed provide chain SaaS firm the place he led most go-to-market features and earlier served as Chief Monetary Officer over a 13 12 months span.
Mr. Bish, outgoing Chief Government Officer of the Firm, will proceed to serve the Board as Government Chairman of the Board. He’ll help Hantman and the manager administration staff as wanted, drive Tungsten Automation’s acquisition efforts and coordinate Board actions. Mr. Bish stated, “I’m happy with what we’ve completed over the last 17 years, and I’ve whole confidence in Pete’s management going ahead.”
Harry Taylor, Managing Director at TA Associates, stated, “Pete has demonstrated sturdy imaginative and prescient, management and execution throughout his time as President and Chief Working Officer, and we’re assured he’ll construct on Tungsten Automation’s place as an vital expertise supplier on this quickly rising market.”
“We’ve been impressed by Peter’s strategic imaginative and prescient and operational excellence,” stated Paul Huber, Companion & Managing Director at Clearlake. “Underneath his management, Tungsten Automation might be effectively positioned to speed up innovation, increase its international footprint and ship even larger worth to prospects and buyers alike.”
Robert Watson joins Tungsten Automation from Athenahealth, a software program and providers firm the place he most not too long ago served as interim Chief Monetary Officer. Previous to that he labored in monetary management roles at Rackspace Expertise and Cinemark, and earlier than that at Hewlett-Packard for over 16 years. Robert has in depth, extremely related expertise in monetary management on a world scale.
“I’m excited to hitch Tungsten Automation at this pivotal second in its development journey,” stated Mr. Watson. “The chance to contribute to a high-performing firm and assist scale operations globally is extremely energizing.”
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