PowerSchool Holdings Inc
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Consumer Discretionary : Diversified Consumer Services | Small Cap Growth
Company profile

PowerSchool Holdings, Inc. is a provider of cloud-based software for K-12 education. The Company connects students, teachers, administrators, and parents to improve student outcomes. The Company's cloud platform is an integrated, enterprise-scale suite of solutions purpose-built for the K-12 education market. The Company's platform is embedded in school workflows and is used by educators, students, administrators, and parents. The Company's cloud-based technology platform helps schools and districts manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. The Company's integrated technology approach streamlines operations, aggregates disparate data sets, and develops insights using predictive modelling and machine learning. The Company serves more than 14,000 customers by student enrolment in the United States.

Postmarket

Last Trade
Delayed
$23.50
-0.30 (-1.26%)
Bid
--
Ask
--
B/A Size
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Market Hours

Closing Price
$23.80
Day's Change
0.51 (2.19%)
Bid
--
Ask
--
B/A Size
--
Day's High
24.01
Day's Low
23.50
Volume
(Heavy Day)
Volume:
576,401

10-day average volume:
414,260
576,401

PowerSchool Appoints New Leadership Positions to Lead Continued Company Growth

4:20 pm ET November 7, 2022 (BusinessWire) Print

PowerSchool (NYSE: PWSC), the leading provider of cloud-based software for K-12 education in North America, today announced the promotion of Eric Shander, Chief Financial Officer (CFO), to the position of President and CFO, effective immediately. In addition to his CFO responsibilities, his role will expand to include PowerSchool's global customer renewals and success functions. Shander's successful leadership of the finance, accounting, human resources, investor relations, and information technology functions for PowerSchool over the past two years has been instrumental in the company's success. Prior to joining PowerSchool, Shander held financial and operational leadership roles at Red Hat, IBM, and Lenovo.

"I couldn't be more excited about the journey we're on at PowerSchool especially in this expanded role as President and CFO," said Eric Shander, President and CFO at PowerSchool. "Taking on these additional responsibilities, I'll have the opportunity to apply even more of my experiences and skills to critical parts of our business that will help us realize our company growth."

In addition, PowerSchool announced today that Tony Kender joins the company as Chief Revenue Officer (CRO). Kender brings with him 30+ years of experience in applications software and information services, as well as leadership of sales, global marketing and channels teams across all industries and selling motions.

"Joining PowerSchool as the new CRO is a meaningful opportunity, both personally and professionally, as I'm committed to fulfill the company's mission to power the education ecosystem and help educators and students realize their full potential," said Tony Kender, CRO at PowerSchool. "I look forward to the work ahead and I'm confident that together with the entire PowerSchool team we will exceed our goals."

Prior to joining PowerSchool, Kender was CRO at FinancialForce where he was responsible for all go-to-market teams from sales to marketing to channels. There he led the business back to revenue growth and delivered their best growth year in company history. Before that, Kender served as Senior Vice President & General Manager of North America Human Capital Management Sales at Oracle. In this role, he led the Oracle Enterprise go-to-market sales strategy and execution, transforming the organization from on-premises offerings to the cloud business with a SaaS value proposition. In addition, Tony also held sales and marketing leadership roles at CorpU, Intralinks, SAP, and ADP.

"With Eric's promotion into his expanded role as President and CFO, and simultaneously bringing such a seasoned CRO as Tony onto the team, it gives me great confidence that we will continue our momentum and growth as a company," said Hardeep Gulati, CEO of PowerSchool. "Their incredible backgrounds and expertise in these critical areas of our business sets us up perfectly to serve even more educators and students around the world."

About PowerSchool

PowerSchool (NYSE: PWSC) is the leading provider of cloud-based software for K-12 education in North America. Its mission is to power the education ecosystem with unified technology that helps educators and students realize their full potential, in their way. PowerSchool connects students, teachers, administrators, and parents, with the shared goal of improving student outcomes. From the office to the classroom to the home, it helps schools and districts efficiently manage state reporting and related compliance, special education, finance, human resources, talent, registration, attendance, funding, learning, instruction, grading, assessments, and analytics in one unified platform. PowerSchool supports over 45 million students globally and more than 15,000 customers, including more than 90 of the top 100 districts by student enrollment in the United States, and sells solutions in more than 90 countries. Visit www.powerschool.com to learn more.

(C) PowerSchool. PowerSchool and other PowerSchool marks are trademarks of PowerSchool Holdings, Inc. or its subsidiaries. Other names and brands may be claimed as the property of others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221107006103/en/

SOURCE: PowerSchool Holdings, Inc.

Media Contact: 
Kari Sherrodd
public.relations@PowerSchool.com 
206-295-2826
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COMTEX_418299423/1006/2022-11-07T16:20:00

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