Move reflects forward-looking vision as the company expands.
Jama Software continues to strengthen its leadership position as the platform of choice for building complex products and integrated systems with news today of the appointment of Marc Osofsky as the company’s new Chief Executive Officer.
Osofsky has a proven track record of leading high-performance teams to deliver outsized results for clients, employees and investors. Specifically, Osofsky has rapidly scaled organizations to over $140 million in revenue. Most recently, Osofsky was CEO at Aberdeen and a COO for Lionbridge Technologies. Osofsky began his career at McKinsey. He earned his MBA from the Massachusetts Institute of Technology Sloan School of Management and his undergraduate degree from Brown University.
“Jama Software has established the gold standard for companies building complex products and undergoing digital transformation,” Osofsky said. “I am thrilled to join Jama Software’s passionate, global team of professionals working closely with our customers to create the Jama success story together.”
“A key pillar of our strategy is bringing onboard top leadership to accelerate the trajectory of core brands in our portfolio, including Jama Software,” said Richard Wells, managing director at Insight Partners, a Jama Software investor. “Marc Osofsky brings the right mix of talent, experience and success to lead the company’s next stage of growth.”
About Jama Software
Jama Software is focused on maximizing innovation success. Numerous firsts for humanity in fields such as fuel cells, electrification, space, autonomous vehicles, surgical robotics, and more all rely on Jama Connect™ to minimize the risk of product failure, delays, cost overruns, compliance gaps, defects, and rework. Jama Connect™ uniquely creates Living Requirements™ that form the digital thread through siloed development, test and risk activities to provide end-to-end compliance, risk mitigation, and process improvement. Our rapidly growing customer base of more than 12.5 million users across 30 countries spans the automotive, medical device, life sciences, semiconductor, aerospace & defense, industrial manufacturing, financial services, and insurance industries.