Former President of Global Knowledge Canada, Donna de Winter, Joins Varicent as Chief Financial Officer

TORONTO, Tuesday, January 11th 2011 [ME NewsWire]:

(BUSINESS WIRE)-- Varicent Software, an innovator and global leader in providing Incentive Compensation and Sales Performance Management (SPM) solutions, today announced that Donna de Winter has joined the company’s Management Team as Chief Financial Officer. In this role, de Winter will be responsible for all areas of finance, accounting, infrastructure and human resources and as part of the management team she will also be an active participant in developing and executing Varicent’s strategy.


Ms. de Winter brings extensive expertise in the technology sector and enterprise software in particular. She most recently served as President of Global Knowledge Canada following its acquisition of Nexient Learning Inc., Canada’s largest corporate training provider. Ms. de Winter joined Nexient in 2006 as Chief Financial Officer and was named President and CEO in June 2008. Prior to her tenure at Nexient, de Winter held CFO and senior finance positions at Geac Computer Corporation Ltd., Platform Computing Corporation; Digital Processing Systems Inc., and Polyphalt Inc.


“We are very excited to welcome Donna to the Varicent Management Team,” said Dan Shimmerman, President and CEO, Varicent. “Donna’s background in enterprise software makes her an immediate asset to the company. Her proven leadership skills, combined with her industry experience will help us to extend our international growth in the Sales Performance Management and Incentive Compensation Management space.”


Nexient Learning Inc. was a Varicent customer and has first-hand knowledge of the sales performance challenges facing executives today, and the benefits of implementing Varicent. Through that relationship, de Winter became acutely familiar with the product’s impact, the ROI and the value of the company’s customer service orientation. “I was eager to reenter the enterprise software arena in Canada, and Varicent was an obvious pursuit,” said Donna de Winter. “The company’s growth trajectory, commitment to customer satisfaction, exemplary track record, and the limitless opportunities still on the horizon make me feel very fortunate to be joining Varicent at this time.”


About Varicent Software Incorporated

Varicent Software Incorporated is an innovative software solutions provider delivering measurable improvements to its clients businesses through its industry-leading sales performance management solution Varicent SPM. Varicent's customers are high-performing companies representing a variety of industries and include Waste Management, Convoy Financial Group, Sherwin-Williams, Manpower, Autodesk, Getty Images, Starwood Hotels, Sun Hung Kai Financial, and many others. For more information, please visit www.varicent.com.


©2011 Varicent Software. All rights reserved. Varicent and Varicent SPM are trademarks of Varicent Software Incorporated.


All other trademarks and company names mentioned are the property of their respective owners.


For media enquiries, please contact:

Varicent Software
Brian Hartlen, 1.416.987.1241
bhartlen@varicent.com
www.varicent.com