• English
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
  • Support
  • Login
  • Search
  • Solutions
    • Overview
    • Financial ManagementAnalyze, optimize, & plan technology spend
    • Cloud & HybridOptimize cost & utilization of multi-cloud & on-premises
    • Apps & ServicesRationalize portfolio & invest for growth
    • Vendors & SuppliersGovern your technology vendor portfolio
    • Agile & ProjectsTrack & prioritize investments for value
    • Business ValueShape business demand & recover costs
    • Public Sector ITAlign resources to reduce risk & maximize mission objectives
  • Products
        • PRODUCTS
        • ITFM FoundationAutomate IT financial planning & analysis
        • CloudabilityAllocate & optimize cloud resources
        • Cloudability SaaSIdentify SaaS apps to optimize costs and manage risk
        • Cost TransparencyAggregate & normalize IT cost, performance & utilization
        • Agile Investment ManagementPlan, track, and forecast investments for Agile delivery
        • All Products >
          • Bill of IT
          • Hybrid Business Management
          • IT Benchmarking
          • IT Planning Foundation
          • Vendor Insights
          • Project Financial Planning
        • Platform
        • DatalinkIngest & structure data from over 350 source systems
        • Apptio TBM Unified ModelEmploy best practices for data sources, allocations & KPIs
        • InsightsSurface actionable insights & opportunities hidden in your data
        • Self-Service ReportingUnlock information and share reports across your organization
        • Comments & CollaborationDrive clarity with rich context without leaving the system
        • Action PlansSet, track, & monitor progress toward goals & objectives
  • Resources
        • Overview
        • Testimonials
        • Resource Center
        • Blog
        • Community
        • Support
        • Professional Services
        • Events & Webinars
  • Company
        • Overview
        • Careers
        • Leadership
        • Technology Business Management
        • Trust
        • Partners
        • News
        • Locations
  • Get Started
  • Search
  • Support
  • Login
  • English (English)
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
Get Started

Press Release

Apptio Promotes Co-Founder Kurt Shintaffer To Chief Financial Officer

BELLEVUE, Wash., June 23, 2015 — Apptio®, the leading provider of cloud-based Technology Business Management (TBM) software, today announced the promotion of its co-founder, Kurt Shintaffer to Chief Financial Officer (CFO). Formerly SVP of Worldwide Finance and Accounting, Shintaffer exemplifies Apptio’s core values and commitment to operational excellence. To support Shintaffer in his new role, Susanna Morgan will be appointed Senior Vice President of Finance and Investor Relations. Morgan brings a proven track record of leading strategic finance and corporate development functions, most recently at Concur (now part of SAP), the global travel and expense management SaaS organization.

“As Apptio continues to grow, our CFO will play a key role driving business objectives and executing on our long-term operating model,” said Apptio CEO, Sunny Gupta. “Kurt’s business acumen, historical knowledge and established trust with Apptio’s board and executive team are critical to our success. We are also pleased to welcome Susanna to our team given her experience at one of the world’s largest SaaS companies.”

Shintaffer’s commitment to the business and deep understanding of its operations positioned him as the clear leader for the role. As CFO, he will report directly into Gupta and is responsible for managing finance, accounting, and investor relations to grow and influence the future direction of Apptio. Shintaffer was selected following an extensive national evaluation of the most prominent finance executives in the country. Over the past eight years, Shintaffer has built Apptio’s business operations and financial functions to support more than 600 employees and 250 customers at some of the world’s largest enterprise organizations. Previously, he served as CFO of iConclude and VP of Finance at Pacific Edge Software.

“I have been very impressed with Kurt’s dedication and contribution to the business. After interviewing and considering multiple highly-skilled and qualified candidates for the role of CFO, it was clear that the person most equipped for this role has been here all along,” said Peter Klein, former CFO of Microsoft and Apptio board member and chairman of the Audit Committee. “Kurt has a comprehensive understanding of Apptio, the TBM category and the market at large. The combination of those skills and experiences make him the ideal person to help lead Apptio’s continued growth.”

Morgan is a natural fit as SVP of Finance and IR with more than 15 years’ experience scaling the financial and corporate development functions of multiple enterprise SaaS technology organizations. While at Concur, Morgan was a key part of the team involved in SAP’s acquisition of Concur for $8.3 billion. Prior to that role, Morgan served in a finance and corporate development capacity at Vertafore,Charles Schwab, and Oracle.

About Apptio

Apptio is the leading provider of cloud-based Technology Business Management (TBM) software that helps CIOs manage the business of IT. Apptio’s suite of applications use business analytics to provide facts and insights about technology cost, value, and quality, so IT leaders can make faster, data-driven decisions. The purpose-built applications help companies align technology spend to business outcomes and automate IT processes like cost transparency, benchmarking, showback/chargeback, operational efficiency, and planning. Powering Apptio’s applications is a next generation, in-memory cost analytics platform that takes data directly from financial, operational, and billing systems to power the applications that give customers deep insight. This insight spans infrastructure, applications, and business services, both on-premises and in the cloud. Hundreds of customers, including more than one-third of the Fortune 100, choose Apptio as their business system of record for IT.

MEDIA CONTACT

Sarah Vreugdenhil
Apptio
pr@apptio.com
425-974-1331

Get Started

Whether you need help analyzing the true cost of the cloud, optimizing your technology spend, or communicating IT’s value to the business, Apptio can help.

Find a Solution

Request a Demo

Join an Event

Ask a Question

Apptio
Twitter
Linkedin-in
Envelope
  • Solutions
    • Overview
    • Financial Management
    • Cloud & Hybrid
    • Apps & Services
    • Vendors & Suppliers
    • Agile & Projects
    • Business Value
    • Public Sector IT
  • Products
    • PRODUCTS
    • ITFM Foundation
    • Cloudability
    • Cloudability SaaS
    • Cost Transparency
    • Agile Investment Management
    • All Products >
      • Bill of IT
      • Hybrid Business Management
      • IT Benchmarking
      • IT Planning Foundation
      • Vendor Insights
      • Project Financial Planning
    • Platform
    • Datalink
    • Apptio TBM Unified Model
    • Insights
    • Self-Service Reporting
    • Comments & Collaboration
    • Action Plans
  • Resources
    • Overview
    • Testimonials
    • Resource Center
    • Blog
    • Community
    • Support
    • Professional Services
    • Events & Webinars
  • Company
    • Overview
    • Careers
    • Leadership
    • Technology Business Management
    • Trust
    • Partners
    • News
    • Locations
  • Get Started
  • Search
  • Support
  • Login
  • English (English)
    • Deutsch (German)
    • Français (French)
    • Italiano (Italian)
    • 日本語 (Japanese)
Founder and Technical Advisor to the TBM Council

© 2007-2021 Apptio, Inc. All rights reserved. |  Privacy Policy | Modern Slavery Act Statement