Pathlore Taps Herron to Run M&A, Hires Caccamo to Lead Marketing

June 18, 2004

“Brendan Herron has completed more than 25 M&A deals during his career; so we want him to focus his efforts on carrying out acquisitions,” said Thomas. “There are certain companies with exciting technologies that would hold a lot of value for our customers, and we’d like to buy those firms.”

Herron’s goal is to add products and services that will further improve Pathlore’s industry leading value proposition for customers. At the same time, he expects to accelerate Pathlore’s growth.

Herron has more than 20 years of M&A experience. Before Pathlore, he was an executive with the merchant-banking group of Alexandria, Va., Hannon Armstrong & Company, an investment bank specializing in infrastructure and technology. While there, Herron provided services for high-tech concerns ranging from start-ups to publicly traded companies. Prior to that, Herron led U.S. M&A activity, joint ventures and strategic planning at Aggregate Industries Plc, a multi-national building materials company.

Vice President of Marketing Wayne Caccamo will oversee global plans and programs to promote Pathlore’s solutions, which optimize business performance by facilitating individual and organizational learning.

“What excites us about Wayne is the combination of his creativity and strategic thinking,” said Thomas. “He’ll greatly multiply opportunities for us to beat our competitors and boost revenue.

“Contrary to our competitors’ claims, Pathlore has the largest customer base in its industry,” Thomas added. “We’ll be relying on Wayne and his team to communicate that and promote our leadership position.”

Before Pathlore, Caccamo spent three years with Docent, Inc., a rival provider of learning-management systems. His programs helped Docent’s revenues soar during the quarters leading up to and immediately following the firm’s 2000 IPO. Prior to Docent, Caccamo spent more than 11 years in a variety of strategic planning, marketing and business-development management posts at Hewlett-Packard Company. Among his many achievements was creating H-P’s Open Source Solutions Operation. As H-P’s point man, Caccamo helped establish the Palo Alto, Calif., company as a leader within the Linux and open source movement. His exploits on behalf of H-P were profiled in a front page Wall Street Journal story. Caccamo holds a master’s degree in business administration from Yale University, and a bachelor’s degree in economics from Tufts University.

About Pathlore
Founded in 1995, Pathlore develops software that delivers and analyzes all facets of corporate training. More than 1,000 customers from around the world have tapped Pathlore’s learning-management solutions to increase sales, improve employee retention and comply with government regulations. The privately held company’s clients include DaimlerChrysler, Delta Air Lines, Novartis, PNC Bank, Southwest Airlines, U.S. Bancorp, government agencies on three continents and more than 100 health care organizations. For more information, go to http://www.pathlore.com


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